Vernon Hills, IL Real Estate News

By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
Vernon Hills Housing Market Through February 2010 This is the latest Market Data Report for Vernon Hills Homes from RANWC Year to Date: 11 homes were sold through February 2010 verses 9 homes in 2009 which is a 22.5% increase The Average sale price through February 2010 is $430,827 verses $362,567 which is up 18.8%. The Medium sale price through February 2010 is $377,000 verses $346,000 in 2009 which is up 9.0% The attached chart shows the market statistics for detached homes and highlights the surrounding towns closest to Buffalo Grove. The great news in that Vernon Hills is that homes are selling and the pricing is moving up from 2009. The first time buyer is leading the market and is serious about purchasing as we do not for see the tax credit being extended again. The move up buyer ...
Comments 1
By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
Please stop by our open houses today in Gregg's Landing, Vernon Hills from 1-3:30 1986 Trevino Terrace is a georgous home in Inverness beautifully updates with all Brazilian Cherry Flooring, Chef's Kitchen 4 Bedrooms, High Level of finish priced at $499,000 380 Royal St. George is a 4200 sq ft custom backing to Whte Deer Run Golf Course with a split 3 car garage, beautifully upgraded through out, Chefs Kitchen 4 Bedrooms, 3 full baths upstairs, wood floors, and may other features. 
Comments 0
By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
2 Open Houses Sunday March 14th 1-3:30pm 1986 Trevino Terrace, Vernon Hills Inverness of Gregg's Landing 380 Royal St. George, Vernon Hills Royal Saint George of Gregg's Landing Sharron Kelley | The Sharron Kelley Team at Coldwell Banker | 847-465-3638 1986 Trevino Terrace, Vernon Hills, IL Gorgeous Gregg's Landing Home! 4BR/2+1BA Single Family House offered at $495,000 Year Built 1998 Sq Footage 2,784 Bedrooms 4 Bathrooms 2 full, 1 partial Floors Unspecified Parking Unspecified Lot Size Unspecified HOA/Maint $330 per month DESCRIPTION Gorgeous 4 Bedroom, 2.5 Bathroom Gregg’s Landing Vernon Hills Home in Inverness. This completely updated home has Maintenance Free living. This great home features all new fixtures and stunning window treatments. With custom Brazilian Wood Floors and a 2 ...
Comments 0
By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
  Vernon Hills Real Estate Price are on the upswing in February 2010   The Median Sales Price in February for a Vernon Hill home was $290,000, up 46.1% from $198,500 in February of 2009 and up 28.9% from $225,000 last month. The Average Sales Price in Vernon Hills in February was $307,214, up 23.0% from $249,842 in February of 2009 and up 16.4% from $263,823 last month.  Great news! These are real signs finally that the Vernon Hills real estate prices are on the upswing.    This is very reassuring news for Vernon Hills Sellers.   If you are looking to put your home on the market this spring, it is best to do it now.   As of today , there are only 50 days for a buyer to take advantage of the first time home buyer's credit and the repeat credit.   Buyers- I think we have seen the bottom o...
Comments 0
By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
Vernon Hills Real Estate Recap Are you curious as to what Vernon Hills real estate homes went under contract in the first 68 days of 2010? Everyone else ( including all my clients) looking in Vernon Hill seem to be! Whether you are in the market to buy a Vernon Hills home or to sell your current Vernon Hills  home, it is important to keep abreast of market statistics (or at least to work with a knowledgeable Vernon Hills REALTOR who does). Newspapers, national magazines, and television news report on regional and national trends, but aren't doing a very good job of explaining the local real estate market in Vernon Hills. The number of new housing starts nationwide or the percentage increase in foreclosures or short sales in the entire state have very little, if any, bearing on how quic...
Comments 5
By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
                                  Pinehurst of Gregg's Landing In Vernon Hills We SOLD This Home in Gregg's Landing and Just Listed 3 More Homes, I wanted to Share with You Techniques The Sharron Kelley Team Uses to Sell Gregg's Landing Homes! Our New Properties Are: 469 Bay Tree, Vernon Hills in Bay Tree Subdivision 380 Royal St. George, Vernon Hills in Royal Troon 1986 Trevino Terrace, Vernon Hills in Inverness    www.1986Trevino.com How Did We Sell This Townhouse in Vernon Hills? Market Time will Depend on Pricing Your Home Right: If you price your home to sell and compete with the current market, you are more likely to sell your in a timely manor. Supply vs Demand in Your Area:There are 8 houses currently for sale in Pinehurst of Gregg's Landing. Only 3 have sold in the last 3 month...
Comments 0
By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
If you have been through Gregg’s Landing in Vernon Hills, you know it is a very unique area which has a lot to offer. There are 23 different communities within this subdivision, ranging from Townhouses to High End Custom Homes. When the Subdivision was originally built, the communities were called pods, and many different builders were involved in creating this Luxurious area that we know today. Gregg’s Landing features a golf course and a club house that attracts many of the local residents, as well as people from the surrounding Lake County Illinois towns. The White Deer Run Golf Course is a well kept luscious 18 hole golf course that wraps through many of the Townhomes and Single Family homes. The area also features newly updated parks for the little ones, as well as small ponds and...
Comments 0
By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
As a Vernon Hills real estate agent, many of my current clients are planning to  take advantage of the $8000 first time home buyer tax and   others are planning to claim the $6500 repeat buyer credit.  Buyers are coming out of the woodwork and Vernon Hill homes priced less than $300,000 are moving quickly.   If you are moving to the Vernon Hills area, or selling your Vernon Hills home, I feel that if you don't begin your search looking for  a home or putting your home on the market, you will miss the opportunity for you or your potential buyer to take advantage of these credits! The Worker, Homeownership, and Business Assistance Act of 2009 has recently extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence.  The bill also authorize...
Comments 0
By Jim Starwalt, A Name You Know and The Brand You Trust
(Better Homes and Gardens Real Estate Star Homes)
In Vernon Hills, there are 85 single family homes for sale with an average list price of $520,081. There are 17 single family homes under contract with an average list price of $422,794. In the past 6 months, 51 single family homes have sold and closed with an average sold price of $443,620. Specific details on single family homes for sale and sold in Vernon Hills, can be found on my website at www.StarHomeFinders.com. Search for foreclosures, single family homes, townhomes and condominiums, multi-family units, vacant land, commercial properties and rentals. Thinking of selling your home, Click Here to Find Your Home's Value. Looking for a home? Click Here to Sign up for My Property Finder. Benefits of Registration: View ALL MLS properties listed for sale. Save your searches — as many ...
Comments 0
By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
This is a Vernon Hills Beauty in Lake Park Manor. It is a great location and is close to shopping, transportation and restaurants. The condo that is for sale in Lake Park Manor of Vernon Hills was reduced in price to $160,000, a fabulous price for the area. This unit is updated throughout and over looks an open area in back. With two exits to the balcony this unit in Vernon Hills is one you don't want to miss. If you are looking to buy or sell a home in Vernon Hills, Buffalo Grove or Long Grove please contact The Sharron Kelley Team, we would love to help you out.  For more information on this Vernon Hills listing Visit our website!
Comments 0
By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
Great news! There are real signs finally that the Vernon Hills real estate prices are on the upswing. The median  Vernon Hills Sales Price in January was $247,500, up 11.2% from $222,500 in January of 2009 and up 3.1% from $240,000 last month. The average  Vernon Hills Sales Price in January was $275,808, up 15.7% from $238,381 in January of 2009 and up 9.8% from $251,146 last month.   This is very reassuring news for Vernon Hills Sellers.   If you are looking to put your home on the market this spring, it is best to do it now.   As of today , there are only 81 days for a buyer to take advantage of the first time home buyer's credit and the repeat credit.   Buyers- I think we have seen the bottom of the market for a while.  Act now to get the Vernon Hills home of your dreams!   Whether ...
Comments 3
By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
The past 12 months Coldwell Banker and Remax have been neck in neck for the Market Share housing market in Vernon Hills. It is with great pride that I show the flow chart below that features the Top Vernon Hills Real Estate Companies. Most sellers today will interview more then one company when deciding who will represent them in selling their home. Listing Your Home in Vernon Hills! I have been working the Vernon Hills real estate market for many years and have sold many Vernon Hills homes including quite a few homes in Gregg's Landing. When choosing a realtor you need to ask them key questions that are going to be the deciding factor of who is going to sell your home. Yesterday I posted great information that includes the questions you want to ask when looking to list your Vernon Hill...
Comments 0
By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
Vernon Hills Real Estate has been affected by this down housing market, but the numbers aren't as bad as other surrounding areas. Everyone seems to be coming to terms with how selling your home today will affect your pocketbook. The Wagner appraisal report below that is pulled from the MLS shows that while in January of 2009 the home inventory months supply was 8.7 months, it has lowered 5.8% to 8.26 months on the market in January of 2010. Although this report shows a 12 month change in the market, I want to touch on how almost 15% of the Vernon Hills Homes sold have been short sales and foreclosures in the last 6 months. This is bringing the inventory down and the prices of Vernon Hills homes. In Vernon Hills! You can look to get about 12% less then what your asking price is unless yo...
Comments 0
By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
Vernon Hills condo townhouse and home rentals   Are you looking for the perfect rental home, townhouse or condo in Vernon Hills?  Whether you are interested in Greggs Landing, Aspen or Port Clinton Place, I know the perfect rental situation for you.   Whether you are looking for a place to rent Vernon Hills or the surrounding suburbs, I can help you now to find the perfect townhouse or home rental situation that fits your needs. Even if you thought you have exhausted all of the current Vernon Hills rental properties on the market, I will go the extra step in finding you a comfortable place that will make you feel like its the right place for you and your family. Knowing the area, the market, and most of the realtors in Vernon Hills, I can find you a rental even if its not currently adve...
Comments 0
By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
Vernon Hills Condos Are you considering moving to the Vernon Hills area?  Vernon Hills, Illinois currently has great condos for sale and  like most cities today,it is definitely a buyer's market.  Condo living in Vernon Hills located in Chicago's North Suburbs allows you to be centrally located to the city of  Chicago and at the same time close to your extended family whether they live in Antioch, Buffalo Grove,  Deerfield, or for that matter any Chicago North or Northwest Suburbs    If you are looking for a  Vernon Hills condo in a luxury building for rent or for buy, click on my previous Vernon Hills Condo post. The most important real estate questions.....How is the  Vernon Hills Condo real estate market doing? Just like real estate in other locations,  it definately is a buyer's ma...
Comments 2
By Jim Starwalt, A Name You Know and The Brand You Trust
(Better Homes and Gardens Real Estate Star Homes)
In Vernon Hills, there are 89 single family homes for sale with an average list price of $522,611. There are 8 single family homes under contract with an average list price of $430,900. In the past 6 months, 78 single family homes have sold and closed with an average sold price of $453,398. Specific details on single family homes for sale and sold in Vernon Hills, can be found on my website at www.StarHomeFinders.com. Search for foreclosures, single family homes, townhomes and condominiums, multi-family units, vacant land, commercial properties and rentals. Thinking of selling your home, Click Here to Find Your Home's Value. Looking for a home? Click Here to Sign up for My Property Finder. Benefits of Registration: View ALL MLS properties listed for sale. Save your searches — as many a...
Comments 0
By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
Vernon Hills Real Estate Overview Today, November 22, 2009 Market View for Vernon Hills Info Avg. Listing Price $323,791 Wk ending Nov 10 -$6,421-1.9%w-o-w Median Sales Price $316,500 Aug '09 - Oct '09 -$13,500-4.1%y-o-y 227 Homes For Sale 2 Open Homes 172 Recently Sold 140 Foreclosures Market Trends for Vernon Hills Embed Info Average Listing Price $323,791 -1.9% w-o-w Median Sales Price $316,500 -4.1% y-o-y Average price/sqft $155 -12.4% y-o-y Number of Sales 76 -8.4% y-o-y More Vernon Hills Market Trends Select chart to embed:   Average Listing Price Copy & Paste HTML to embed this graph in your website:   Home Prices for Lake County Info Most popularzip codes Avg. listing priceWeek ending Nov 10  w-o-w60010 $1,030,892 +2.5% 60035 $871,493 +1.2% 60045 $1,607,622 -0.3% 60048 $634,177 ...
Comments 0
By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
Sushi Kushi  San 3 in Vernon Hills has recently opened! Are you looking for a great Sushi place near Vernon Hills, Buffalo Grove or Long Grove? Sushi Kushi  San 3 just opened in Vernon Hills and I highly recommend it!  As a matter of fact Sushi Kushi San 3 opened 3 weeks ago, and I have been back 3 times.  Sushi Kushi Toyo and Sushi Kushi Too  are already located in Lake Forest and Highland Park     The food is amazing and definately very fresh!   You will be able to find over 30 unique Sushi rolls on the menu. Besides the Crunchy Roll, I tried the Black Tiger.  Yum!  The second Sunday it was open, you couldn't even find a table.  That's remarkable for a restaurant in the suburbs. Sushi Kushi San 3 is located at 281 West Townline Road in Vernon Hills. If you need any further information...
Comments 3
By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
Sharron Kelley | Coldwell Banker | 847-465-3638 388 Pine Lake Circle, Vernon Hills, IL Don't Miss Out This Fabulous Custom Townhouse w/ An Amazing Full Finished Basement! 3BR/3.5BA Townhouse offered at $329,000 Year Built 2000 Sq Footage Unspecified Bedrooms 3 Bathrooms 3 full, 1 partial Floors 2 Parking 2 Car garage Lot Size 2,178 sqft HOA/Maint $210 per month DESCRIPTION Don't Miss Out on This Fabulous Custom Townhouse w/ An Amazing Full Finished Basement! This Home has Beautiful Water Views and is Located in a Prestigious Neighborhood, is Close to Restaurants’, Shopping, and Transportation! This Exquisite Kitchen has 42” Cherry Cabinets, Granite Counter Tops & backsplash, All Upgraded Appliances. Cherry Wood Floors in Entryway and Kitchen. Upgraded Carpet & Pad, Silhouette Blinds. L...
Comments 0
Are you considering moving to the Vernon Hills area?  Vernon Hills, Illinois currently has great real estate for sale and  like most cities today,it is definitely a buyer's market.   Allow me to give you an overview of  Vernon Hills and  the top 10 questions my real estate clients ask when they are relocating to the Vernon Hills area.  Vernon Hills Real Estate question 1.....Where is Vernon Hills located as it relates to Chicago? Vernon Hills, Illinois is located in Lake County about 30 Miles Northwest of Chicago.  If you are driving on the toll way from Chicago to Vernon Hills, you would exit off of Route 60 and head west. Vernon Hills is approximately 45 minutes without any traffic to Chicago's downtown and with traffic, your guess is a good as mine. Vernon Hills Real Estate question ...
Comments 1