Medinah, IL Real Estate News

By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Medinah, IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt $150,000 - $199,999 2 297 $200,000 - $249,999 5 379 $250,000 - $299,999 3 899 $300,000 - $349,999 1 79 $350,000 - $399,999 4 173 $400,000 - $449,999 2 62 $450,000 - $499,999 3 203 $500,000 - $549,999 3 377 $550,000 - $599,999 1 44 $600,000 - $699,999 1 340 $900,000 - $999,999 1 1448    Active Listings Summary # Units Avg. MT Me...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Medinah, IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria.   Active Listings List Price Range # Listings Avg. Days on Mkt $150,000 - $199,999 1 85 $200,000 - $249,999 4 434 $250,000 - $299,999 4 652 $300,000 - $349,999 1 2 $350,000 - $399,999 4 218 $400,000 - $449,999 2 178 $450,000 - $499,999 1 539 $500,000 - $549,999 2 379 $550,000 - $599,999 2 135 $600,000 - $699,999 2 322 $900,000 - $999,999 1 1411    Active Listings Summary # Units Avg. MT ...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Medinah, IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt $150,000 - $199,999 1 49 $200,000 - $249,999 3 534 $250,000 - $299,999 4 638 $300,000 - $349,999 1 283 $350,000 - $399,999 4 182 $400,000 - $449,999 1 38 $450,000 - $499,999 2 374 $550,000 - $599,999 2 241 $600,000 - $699,999 1 304 $800,000 - $899,999 1 266 $900,000 - $999,999 1 1375    Active Listings Summary # Units Avg. MT M...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Medinah, IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt $150,000 - $199,999 1 347 $200,000 - $249,999 3 483 $250,000 - $299,999 3 530 $300,000 - $349,999 1 232 $350,000 - $399,999 5 194 $400,000 - $449,999 1 161 $450,000 - $499,999 2 157 $500,000 - $549,999 1 437 $550,000 - $599,999 2 314 $600,000 - $699,999 1 253 $800,000 - $899,999 1 215 $900,000 - $999,999 1 1563    Active Listin...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
Active Listings List Price Range # Listings Avg. Days on Mkt $150,000 - $199,999 1 1 $200,000 - $249,999 3 477 $250,000 - $299,999 3 524 $300,000 - $349,999 1 226 $350,000 - $399,999 5 188 $400,000 - $449,999 1 155 $450,000 - $499,999 2 151 $500,000 - $549,999 1 431 $550,000 - $599,999 2 308 $600,000 - $699,999 1 247 $800,000 - $899,999 1 209 $900,000 - $999,999 1 1557    Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 22 349 $389,450 $436,134 $949,896 $174,999 $9,594,941  
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Medinah, IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt $150,000 - $199,999 2 210 $200,000 - $249,999 3 472 $250,000 - $299,999 3 519 $300,000 - $349,999 1 221 $350,000 - $399,999 5 183 $400,000 - $449,999 1 150 $450,000 - $499,999 2 146 $500,000 - $549,999 1 426 $550,000 - $599,999 2 303 $600,000 - $699,999 1 242 $800,000 - $899,999 1 204 $900,000 - $999,999 1 1552    Active Listin...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Medinah , IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt $150,000 - $199,999 1 324 $200,000 - $249,999 2 300 $250,000 - $299,999 3 763 $300,000 - $349,999 1 206 $350,000 - $399,999 4 147 $400,000 - $449,999 2 193 $450,000 - $499,999 2 131 $500,000 - $549,999 1 411 $550,000 - $599,999 3 262 $600,000 - $699,999 1 227 $800,000 - $899,999 1 189 $900,000 - $999,999 2 831    Active Listin...
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By Lyn Sims, Real Estate Agent Retired
Looking for a home in the Medinah IL area?     Check out what's available in Medinah IL Homes now!  Interest rates are at a 40 year low so why not take advantage?These are the current market numbers and availability for Medinah IL Homes. Home selections total 36 with some below the $250,000 range and we've got great custom construction for price ranges above 1.1 million!  Best selection is between $350,000 to $400,000. The current average listing price for Medinah IL Homes is $466,442.  Some 'handyman specials, foreclosures and fixer uppers' are available for buyers trying to get instant equity in the market by doing the work themselves!  Some start at just $229,000 so you better get movin' on those! To search for what's currently available in Medinah IL Homes, please go directly to the...
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By Lyn Sims, Real Estate Agent Retired
RE/MAX is a third more effective than the next competing real estate company in Medinah for 2009! That's alot of real estate! Looking to get your home sold in this tougher market?  I'd love the get the job done! Looking to buy a home and want someone experienced to help you avert the potential potholes? Give me a call or email me so we can get started today! Medinah IL Market Share 2009
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By Lyn Sims, Real Estate Agent Retired
This is the 'Months Supply of Inventory' for Medinah IL Single Family Homes for 2009. This number is also called the 'Conversion Rate' or the 'Absorption Rate' which is how long and how much inventory is on the market in that particular town. Obviously, the higher the rate, the longer the market time for homes in that community. Does your agent know the 'Absorption Rate' and will they share that information with you? It shouldn't be kept a secret because it plays a pivotal role in how your home should be marketed. So we obviously have different levels of 'Absorption' in the market and I've tried a humorous visual demonstration for you. Q tip Rate - nothing much getting sold. Toilet Paper Rate - I think a few Buyers are out there but they are just sitting there and spinning their roll. E...
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Lyn Sims | RE/MAX Suburban | 847-230-7324 191 Hillcrest Terrace, Bloomingdale, IL WESTERN MEDINAH AREA! 2BR 2BA NEAR FOREST PRESERVE! 2BR/2BA Condo offered at $129,900 Year Built 1969 Sq Footage 1,087 Bedrooms 2 Bathrooms 2 full, 0 partial Floors 1 Parking Unspecified Lot Size Unspecified HOA/Maint $219 per month DESCRIPTION No updates needed - newer neutral carpet, remodeled Kitchen, remodeled Baths. Sunny unit with garage space, storage area, in unit laundry. Very private end unit overlooking oak tress and steps to Meacham Grove Forest Preserve that has walking paths, pond, etc. Small subdivision where you can virtually walk to shopping, banks, etc. see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Living room - Dining room - Dishwasher - Refrigerator - Sto...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Medinah, IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. If you are contemplating a change in lifestyle, ie. a more luxurious home or the luxury of the amenities in a senior citizen development, I may be able to save you some money via discounts available to me.   Active Listings List Price Range # Listings Avg. Days on Mkt $200,000 - $249,999 2 258 $250,000 - $299,999 5 184 $300,000 - $349,999 7 254 $350,000 - $399,999 5 117 $400,000 - $449,9...
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Looking for a home in the Medinah IL area?   This is a great time to get your first home, move to a smaller home, or move to a larger home.  Interest rates are stable and recently lowered despite all the media hype and is available to all with fairly decent credit.   These are the current market numbers and availability for single family homes in Medinah IL.  A few selections below the $400,000 range and we've got great custom construction for price ranges above that!  The median listing price for Medinah is $454,950.  Some "handyman specials, foreclosures and fixer uppers" are available for buyers trying to get "instant equity" in the market by doing the work themselves!  There probably is a deal out there waiting for you! Lowest Price is $278,900 and the Highest Price is $1,425,000 wi...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
  The table below lists all of the single family detached and single family attached homes currently on the market in Medinah, IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. If you are contemplating a change in lifestyle, ie. a more luxurious home or the luxury of the amenities in a senior citizen development, I may be able to save you some money via discounts available to me.      
Active Listings List Price Range # Listings Avg. Days on Mkt $250,000 - $299,999 2 106 $300,000 - $349,999 8 185 $350,000 ...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
  The table below lists all of the single family detached and single family attached homes currently on the market in Medinah, IL.  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. If you are contemplating a change in lifestyle, ie. a more luxurious home or the luxury of the amenities in a senior citizen development, I may be able to save you some money via discounts available to me.         Active Listings List Price Range # Listings Avg. Days on Mkt $250,000 - $299,999 2 79 $300,000 - $349,999 7 285 $350,000 - $399,999 4 244 $400,000 - $449,999 1 93 $450,000 - $49...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
The table below lists all of the single family detached and single family attached homes currently on the market in Medinah, IL.  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. If you are contemplating a change in lifestyle, ie. a more luxurious home or the luxury of the amenities in a senior citizen development, I may be able to save you some money via discounts available to me.   Active Listings List Price Range # Listings Avg. Days on Mkt $250,000 - $299,999 1 306 $300,000 - $349,999 9 222 $350,000 - $399,999 4 176 $400,000 - $449,999 1 75 $450,000 - $499,999 ...
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Medinah IL Real Estate, Single Family Homes Available, Lyn Sims RE/MAX Suburban (847)230-7324 THIS IS THE TIME FOR BUYERS - GET READY TO POUNCE!  There is a large amount of inventory thruout the Chicago Northwest Suburban Market which includes the MEDINAH IL area.  SMART PEOPLE ARE BUYING REAL ESTATE NOW!  Sellers are hot to compete and make their home standout above their competition.  Sellers are flexible!  Lots of Inventory = Buyer Benefits!   SO WHY NOT GET IN THE GAME?  This is a great time to get your first home, move to a smaller home or get that larger home of your dreams! Here is a chart of ACTIVE homes in Medinah with the MARKET TIMES posted as "Average Days on the Market".  There are currently 34 homes in various styles and types available with the Average Market Time of 215 ...
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Now is a great time to buy a home, say the financial gurus at the Wall Street Journal.The Journal calls it a buyers market and offers these suggestions for first-timers getting their feet wet. While their advice is solid, it's not revolutionary, but some potential customers might find it reassuring.Remember this is a place to live not a stock market investment, they say. Lenders want buyers to spend no more than 28 percent of their gross monthly income on mortgage payments, real estate taxes, and home insurance. Buyers shouldn't count on stretching further because lenders won't approve their loans. Cash is king.  Having enough money in the bank to pay closing costs that are typically an additional 2 percent to 3 percent of the price of the home is necessary. Location, Location, Location...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
   The table below lists all of the currently active single family detached and single family attached homes in  Medinah, IL. Data includes  high, low, median and average prices. For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.     Active Listings List Price Range # Listings Avg. Days on Mkt $300,000 - $349,999 6 234 $350,000 - $399,999 6 142 $400,000 - $449,999 2 312 $450,000 - $499,999 2 160 $500,000 - $549,999 2 353 $550,000 - $599,999 1 566 $600,000 - $699,999 1 127 $700,000 - $799,999 4 341 $900,000 - $999,999 1 285 $1,000,000 - $1,999,999 2 98    Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 27 239 $...
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By Richard Parr, Home Security Specialist - Greater New Orleans, Louisiana
(ADT Security Services)
Property values in Medinah, IL are increasing.  Yes, you read that right...increasing.  The data covers the last 3 years and shows that although the number of homes sold is down, the values have increased.  The chart below shows the decline in detached single family homes sales from 2005-2007.The data above confirms what the national media has been saying about the real estate market.  It IS true, Medinah has shown declines in the number of homes sold just like the rest of the country.  As a percentage, home sales are down about 38% during this period.  Where the news reports make their error is with the broad generalizations regarding the home prices.  Below you will see what has happened to home values locally over this same period of time.The average value of a home in Medinah has go...
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