Mount Prospect, IL Real Estate News

By Haris Dedic, Glenview Real Estate - Chicago North Shore
(Villager Realty 847-878-2588)
The snapshot below is showing real estate trends in Mount Prospect, IL compiled from MLS. The current average listing price in Mount Prospect is $247,258. Slightly higher compared to the average sold price at the end of 2010. As I type the average market time is 258 days and there are more than 100 homes available from $200,000 - $400,000 price range. If you are thinking of buying a home in Mount Prospect, don't wait, as we can see there were 462 homes sold in 2010 compared to 422 in 2009. The highest sold home in 2010 was $600,000 while there are 8 homes currently on the market from $600,000-$1,000,000.   If you are thinking of buying or selling in Mount Prospect, feel free to contact me for any real estate needs you may have. No obligation comparable market analysis is available if yo...
Comments 1
By Haris Dedic, Glenview Real Estate - Chicago North Shore
(Villager Realty 847-878-2588)
Every now and than I check some of Chicago's suburban websites, to see their online presence. Mount Prospect has a state of the art website with all the info any of it's residents would need. The snap shot below proves it.     One great addition is Experience Mount Prospect. Where you can find about shopping, dining and what else there is to enjoy.     These sites are awesome, but they do miss the social media. I follow a few of the suburban park districts on twitter and even on Facebook.  We can choose a local blogger ;) to find out about current local events or real estate market conditions in neighboring areas.    Visit and choose to subscribe to my North Of Chicago real estate and other stuff blog. Feel free to contact me for any real estate needs in Mount Prospect, IL and surroundi...
Comments 0
605 Fairview, Mt Prospect Located in one of the nicest neighborhoods in Mount Prospect, this 3 bedroom, 1 1/2 bath split level is a comfortable home with numerous updates. Walk Score of 59, this home is ideally located and serviced by Fairview Elementary School, Lincoln Middle School and Prospect High School. At that, you are so close to Prospect, you can hear the Marching Band rehearsing in the summer. Walking distance to Fairview Elementary School offers great opportunities to play at the playground, or watch the local baseball games in the summer. Walking distance to Randhurst Shopping Center, Mount Prospect town, Library and train are just a few features of this mid-street location. New carpeting, and freshly painted this home features: Newer thermal pane windows throughout Newer ma...
Comments 0
By Marco Amidei
(RE/MAX Suburban )
Birch Manor - Birch Manor is a condo community built in the mid 1960's. Birch Manor is located in Mount Prospect, Illinois on Dempster Road between Elmhurst and Busse Road. Birch Manor consists of 8 building with 36 units each. Condos vary from 1,100 square feet for 1 bedroom to 1,500 square feet for 2 bedroom units. Amenities include tennis court, playground, basketball and volleyball courts. Bluett - Bluett is a single family home neighborhood built in the mid 1950's. Bluett is located in Mount Prospect, Illinois on Central. Boulder Point - Boulder Point is a single family home neighborhood built in the 1960's. Boulder Point located in Mount Prospect, Illinois on Kensington Road East of Wolf Road. Brickman Manor - Brickman Manor is a single family home neighborhood built in the late ...
Comments 0
By Haris Dedic, Glenview Real Estate - Chicago North Shore
(Villager Realty 847-878-2588)
Mount Prospect Jaycees 47th Annual Turkey Trot Since 1963 On Thanksgiving morning the Mt. Prospect Jaycees have also hosted this annual Turkey Trot for families in the Mount Prospect community. The Turkey Trot run is hosted at the Mount Prospect Golf Course and is now the oldest continual running event in the Chicagoland area. When: Thanksgiving morning, Thursday, November 25, 2010Where: Mt. Prospect Golf Course, 600 See GwunTime: First race begins at 9:15 AM ( 8:00 AM Check-in )Cost: Adults, 15 and up- $15, Children 14 and under – $5 To get the application and more info about the event follow the link to Mount Prospect Jaycees   Visit and feel free to subscribe to my North Of Chicago real estate and other stuff blog to see more related posts. Feel free to contact me for any real estat...
Comments 3
By Haris Dedic, Glenview Real Estate - Chicago North Shore
(Villager Realty 847-878-2588)
Mount Prospect, IL Real Estate Trends ~ November 2010. On the image below we can see Mount Prospect real estate trends year to date. The first half of the table is showing us statistics of the homes that are currently on the market. From the left to the right we can see real estate trends by the numbers of the bedrooms. Average market price of a single family home in Mount Prospect , IL today is $344,474. The second half of the table is showing us the statistics of sold properties year to date. The average price of a sold single family home (detached single) is $302,555, while the average sold price of attached single family home (condos, townhomes) was $132,080. Visit and feel free to subscribe to my North Of Chicago real estate and other stuff blog to see more related posts. Feel free...
Comments 0
By Haris Dedic, Glenview Real Estate - Chicago North Shore
(Villager Realty 847-878-2588)
I visit Yelp quite often, especially when I'm looking to try something new. When a colleague or a friend would suggest a new business to me, most probably I would browse the web for some more reviews, maybe I would need the address or a link to the their website to find out more details.  Here are the best rated businesses in Mount Prospect, IL by Yelp users. Cappanari Ice Cream and Catering www.capannaris.com Central Continental Bakery www.centralcontinentalbakery.com Chodang Tofu Village www.chodangtofu.com Games Plus www.games-plus.com Los Compadres Taqueris Los Compadres at Yelp     Feel free to contact me for any real estate needs in Mount Prospect, IL and surrounding areas.Mount Prospect Real Estate and area links on Homes By Haris.
Comments 0
    Short Sale Listing on  Bob O Link in Mount Prospect Most homeowners don't realize that the bank doesn't want to foreclose on their home. Also that it is in most cases not too late to postpone a foreclosure to do a short sale.  We just postponed a foreclosure in the last few weeks within 72 hours from the court date.  A short sale is when a real estate agent finds a buyer for your home and then negotiates with the bank to take a lesser amount to settle the loan/mortgage on the home.  Many homeowners don't realize that if they owe more on their home that it is worth that there are no alternatives. In many cases there are and I am just a phone call away to discuss your situation. My real estate team specializes in short sales and we treat all our clients as we would like to be treated....
Comments 1
By Haris Dedic, Glenview Real Estate - Chicago North Shore
(Villager Realty 847-878-2588)
Everything you need to know about Condos and Townhomes in Mount Prospect, IL. Currently there are 211 attached single family homes available in Mount Prospect. The average sold price in past 12 months was $139,884. As I type the average price of the condos and townhomes in Mt. Prospect, IL is $178,066. Year to date there average market time is 186 days, while there are 35 attached single family homes under contract. Here are few similar posts about condo living on my NorthOfChicago real estate blog in Morton Grove and Skokie, IL. Condos in Niles Morton Grove Condominium Living Condominium Living in Skokie  Park Ridge, and Glenview are going to be the next topics from Condo Living series. If you have questions or need  any help with real estate in Mount Prospect, or any other neighboring...
Comments 0
By Haris Dedic, Glenview Real Estate - Chicago North Shore
(Villager Realty 847-878-2588)
Properties with Foreclosure Filings in North And Northwest Chicago suburban Cook County. North and Northwest suburban region has one of the most rapid rate of growth of foreclosure filings, according to the Woodstock Institute.   Here are some total numbers of filings for 2009. You can follow the link below to find more available data for other Chicago Region, Properties with Foreclosure Filings. Des Plaines - 488Evanston - 336Glenview - 260Morton Grove - 220Mount Prospect - 292Niles - 240Northbrook - 195Northfield - 32Park Ridge - 202Skokie - 552Wilmette - 110Winnetka - 32   Here is the link to the analysis by the Woodstock Institute. Woodstock Institute is a leading nonprofit research and policy organization in the areas of fair lending, wealth creation, and financial systems reform. ...
Comments 1
By Heidi Engel, BROKER/Realtor, ADPR, SRES, FSSR
(RE/MAX Suburban)
What's Been Happening in the Condo and Townhome Mount Prospect Real Estate Market--See Below *LMT=Listing Market Time (How long the property has been on the market at its current price) **MT=Market Time (Total Market time) Active Attached Homes: Statistics Total Properties: 189   List Price Approx SF Beds Baths *LMT **MT Minimum $45,000 0 1 1 2 3 Maximum $749,900 25300 3 3.1 888 1159 Average $184,063 1401 2 2 165 242 Under Contract Attached Homes: Statistics Total Properties: 31   List Price Approx SF Beds Baths LMT MT Minimum $40,590 0 1 1 11 11 Maximum $326,000 2400 3 3.1 825 929 Average $135,287 1024 2 2 195 268   Last 3 months of Sold and Closed Attached Homes: Statistics Total Properties: 24   List Price Sold Pr Approx SF Beds Baths LMT MT Minimum $69,900 $55,000 0 1 1 3 8 Maximum ...
Comments 0
By Heidi Engel, BROKER/Realtor, ADPR, SRES, FSSR
(RE/MAX Suburban)
Whats Been Happening in Mount Prospect Real Estate--See Below *LMT=Listing Market Time (How long the property has been on the market at its current price) **MT=Market Time (Total Market time) Active Detached Single Family Homes: Statistics Total Properties: 218   List Price Approx SF Beds Baths *LMT **MT Minimum $135,500 8 2 1 2 3 Maximum $2,299,000 5470 5 5.2 1466 1466 Average $373,544 2106 3 2 139 224  Under Contract Detached Single Family Homes: Statistics Total Properties: 53   List Price Approx SF Beds Baths LMT MT Minimum $149,900 912 2 1 1 7 Maximum $495,000 3042 5 4 466 651 Average $283,227 1636 3 2 131 191   Last 3 months of Sold and Closed Deatched Single Family Homes: Statistics Total Properties: 48   List Price Sold Pr Approx SF Beds Baths LMT MT Minimum $136,160 $105,000 10...
Comments 0
By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Mount Prospect Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Mount Prospect real estate statistics for the last 12 months as of February 19, 2010.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Mount Prospect, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=fi...
Comments 0
By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Mount Prospect Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Mount Prospect real estate statistics for the last 12 months as of January 22, 2010.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Mount Prospect, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=fin...
Comments 0
By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Mount Prospect Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Mount Prospect real estate statistics for the last 12 months as of January 15, 2010.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Mount Prospect, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=fin...
Comments 0
By Haris Dedic, Glenview Real Estate - Chicago North Shore
(Villager Realty 847-878-2588)
I spent some time with the 2009 real estate market data for Mount Prospect, Illinois. There were 419 properties sold in 2009 in Mount Prospect, IL with an average market time of 181 days. Average sold price was $255,500. The minimum sold home had a value of $31,500 and the most expensive sold home was $900,000 in 2009. On the first chart you can see, market time, average sold price, and how many condos and townhomes were sold in 2009.   Below real estate statistics chart is for detached single family homes sold in 2009.  Slowly I am getting better with iWork.   Mount Prospect, IL Real Estate Market Statistics for 2009 by the price.   Few Stats from National Association of REALTORS®, 2009 Selling a home is a full-time job. And most of today's buyers are online (nearly 9 of 10 recent buye...
Comments 2
By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
113 S. Albert, Mount Prospect, IL 60056 2 Bedrooms/ 1 Bathroom       MLS#07370680                   FHA Streamline 203K Loan / Home Sold As-Is / Excellent Location! Newer Furnace, Central Air Conditioning, Kitchen Cabinets and Stove. Bring Your Rehab And Remodeling Ideas! This Home Is A Handyman Special And Needs TLC. Lot Sizes And Room Dimensions Are Approximate. Please Verify Information While Visiting The Property. Owner Will Assist With All Showings. Click on the link below for more details and pictures: http://www.realestate4uonline.com/s=active RE/MAX Territory 847-956-2800
Comments 0
By Heidi Engel, BROKER/Realtor, ADPR, SRES, FSSR
(RE/MAX Suburban)
Mount Prospect IL 60056 Housing Statistics as of November 25 2009 DETACHED SINGLE FAMILY ACTIVE STATS Total Average LP Average MT Sold   0 $0 0 Active   212 $378,032 228 Under Contract   43 $275,800 170 Other   0 $0 0     Max Min Average Median LP (255)   $2,299,000 $136,160 $360,793 $325,000 SP (0)   $0 $0 $0 $0  DETACHED SINGLE FAMILY OFF MARKET STATS LAST 30 DAYS     Total Average LP Average MT Sold   40 $307,243 210 Active   0 $0 0 Under Contract   0 $0 0 Other   24 $425,708 204     Max Min Average Median LP (64)   $799,999 $148,500 $351,667 $349,450 SP (40)   $470,000 $130,000 $285,875 $288,250 ATTACHED HOUSING ACTIVE STATS   Total Average LP Average MT Sold   0 $0 0 Active   192 $188,544 249 Under Contract   37 $132,918 249 Other   0 $0 0     Max Min Average Median LP (229)   $499...
Comments 0
By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Mount Prospect Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Mount Prospect real estate statistics for the last 12 months as of November 6, 2009.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Mount Prospect, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=fin...
Comments 0
By Haris Dedic, Glenview Real Estate - Chicago North Shore
(Villager Realty 847-878-2588)
It really took me a while to collect all the data from the MLS and to make an easy to understand chart that reflects the Real Estate Market Trends in Mount Prospect IL. On the chart below you can compare average sold price, time on the market, and how many homes were sold in the  past 5 years. Here is my a quick summary comparing 2005 with 2009: •    796 homes were sold in 2005 compared to 399 in 2009. 50% less in volume.•    Average sold price was $309,176 in 2005 compared to $257,893 in 2009 which is 17% less than 2005.•    To sell a home today it would take 3 times longer in current days compared to the 2005 real estate market trend.        Few Stats from National Association of REALTORS®, 2009 Selling a home is a full-time job. And most of today's buyers are online (nearly 9 of 10 r...
Comments 2
Mount Prospect, IL Real Estate Professionals