07/19/05 Market Update

Currently there are 280 single family homes listed and 79 of those have a contract on them, leaving only 201 homes on the market. These homes have a price range of $299,000 up to $1,750,000. There are currently 13 homes listed over $1 million.

Of 277 attached (condos and townhomes) homes listed only 182 don't have a contract on them. The price range for these homes is from $95,000 all the way up to $795,000.

These number show a big slow down in sales of homes. The market is still on the seller's side, but it is not even close to as brisk as it was last year. With the expected rise in interest rates we can expect sales to slow even more.

You can search the Arlington Heights MLS if you would like more details about real estate in Arlington Heights.