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Market Update for Mount Prospect Homes and Real Estate- last 3 months
02.24.2010
Single Family
Active listings: 209
Under contract: 39
Closed: 43
Avg days on market: 152
Condo/Coach home
Active listings: 135
Under contract: 18
Closed: 18
Avg days on market: 245
Townhome
Active listings: 31
Under contract: 5
Closed: 8
Avg days on market: 101
This data comes courtesy of MRED MLS and covers up to 2/24/2010
Mt. Prospect in great location near train. Updated kitchen, just refinished hardwood floors, fantastic yard! Great schools. Just $240,000. 109 S. Bobby Lane. Full listing.
There are several programs available to first time buyers in Chicago’s Northwest Suburbs and surrounding areas. If you are a first time buyer, you can take advantage of grant programs offered by the town you want to live in, or in some cases the County. These programs can provide matching funds for your down payment, sometimes up to $10,000. To see if you qualify, and to get more information visit the link below. We have put together information on some of the programs and link to them and the requirements. You will have to attend some classes and work through the program coordinator. If you are considering buying something next year, get started now on these programs. Funds are limited and typically only 5-10 people per year per town/area get in before they run out!
Don’t forget if you buy and close before June 30, 2009, you can also take advantage of the $7500 tax credit program being offered right now when you do your income taxes.
Mt. Prospect Real Estate update- last 3 months!

Single Family
Active listing 283
Under contract 33
Sold and closed 28
Average days on the market 171
Condos/Townhomes
Active 235
Under contract 18
Sold and closed 18
Average days on the market 166
Hang in there Mount Prospect, the market will get better! In the last three months not much has changed. Mount Prospect Real Estate is strong and will recover soon!!
Mount Prospect Real Estate and Homes update 2008!

Single family Condos/townhomes
Available 233 184
Under contract 32 12
Closed 4 1
Mount Prospect Real Estate is not any different from the surrounding suburbs. There are alot of listing to choose from. Spring is coming, sellers hang in there, the buyers will come!!
Here is what has happened in the last three months.
Single Family Townhomes/Condos
Total Listings: 283 Total Listings: 219
Available: 261 Available: 206
Under Contract: 25 Under Contract: 19
Closed: 33 Closed: 21
Very typical market compared to the other areas. Near 10% under contract on both sides.








