John Herman Announces New Listing for Single-Family Home in Fox River Grove, Illinois

John Herman is pleased to release the details about his newest listing for a lovely home for sale in Fox River, Illinois. This single-family home, at 8709 Gardner Rd., will make you feel like you are on vacation all year long. It is located in a lovely neighborhood where you can view the Fox River from your window, yet you are just 1 hour northwest of Chicago.

Fox River Grove is the ideal blend of business and hometown flavor. There are all of the services of large cities, yet a small town feel with a population of just 5588, and 2128 households. There is an even mix of male and female residents and 66% of the residents are married, with 32% either single, widowed, or divorced.

The median home sales prie is $17450, and 43.75% of the people stay in their homes over 5 years. Home ownership is high with 86% of the population owning their own homes. Seenty-nine percent of the residents are employed in white collar jobs. The main employer is the service industry, with retail, construction, and public administration accounting for the bulk of remaining jobs.The majority of people commute to their jobs by car, but there is quick access to Metra service as well.

There is plenty of opportunity for outdoor recreation in Fox River Grove with at least 12 parks or recreation areas featuring everything from hiking, playgrounds, biking trails, fishing locations, water sports, volleyball courts, sledding hills, basketball courts, tennis courts, and more. There are many community events including the 4th of July fireworks, Lions Fest, Arts and Crafts Fair, Fox Chase 5K and Pancake breakfast, River Jam, Water Fights, Poultry Party and Turkey Raffle, Holiday Tree Lighting Ceremony and Norge Ski Jump.

The median home sale price in Cary is $190000 with a 12% turnover in homes annually, although 48.2% of people stay in their homes 5 years or more, showing a stable community. The vast majority of people in Cary own their homes (88%), while 7% rent and 4% are vacant.

The home at 8709 Gardner is served by the 220 Barrington School district, specifically Countryside Elementary, Barrington-Station Campus Jr. High, and Barrington High School. The home features new windows, a new furnace, new air conditioner, new carpet, updated kitchen and updated bathroom. Big deck features river views. This home is move in ready and is recently rehabbed. Offered at the bargain of just $89900, it is your ultimate vacation in the city home.

For your private tour, call John Herman at 847-847-4711 or email john@hermanrealestate.com

November 2013 Real Estate Performance Review for Fox River Grove, Illinois by The John Herman Team

The John Herman Team is pleased to release the latest results for the November 2013 real estate performance review in Fox River Grove properties and it appears that for the most part the market is almost the same as last year with very little change from November 2012 to November 2013 statistics with one important exception: detached homes are selling for 36.5% more money.

In November 2012 the median price of a detached home in Fox River Grove was 162,659, while in November 2013, the median price was $222000. This is great news for sellers. On the other hand, prices for attached homes were down just a bit with a 13.9% decrease. In November 2012 the median price of an attached home was $115000, and in November 2013 it was $99000.

The number of homes was almost the same from one year to the next. In November 2012 there were 3 attached homes for sale, and in November 2013 there were 2. In November 2012 there were 38 detached homes for sale, and in November 2013 there were 36, just 2 less, or a 5.3% decrease.

The numbers of new listings taken were exactly the same as a year ago in both detached and attached homes. There was 1 attached property listed in both November 2012 and 2013. There were 8 detached homes listed in November 2011, 2012 and 2013.Months of supply were slightly down for both, but not significantly so. There was a decrease from 1.8 months supply in November 2012 to 1.5 month supply in 2013. For detached homes there was a greater span.

In November 2012 there was 6.7 months supply and in November 2013 there was a 4.6 month supply, or a 30,7% decrease.Number of homes sold was flat, with 1 attached home sold in both November 2012 and in November 2013, and 4 detached homes sold in 2012 and 2013.

The market in Fox River Grove homes was flat from the period a year ago, but the simple fact that homes are selling for more, show a market on the upswing a great time to sell.

November 2013 Real Estate Performance Review for Fox River Grove, Illinois by The John Herman Team

The John Herman Team is pleased to release the latest results for the November 2013 real estate performance review in Fox River, Grove properties and it appears that for the most part the market is almost the same as last year with very little change from November 2012 to November 2013 statistics…with one important exception: detached homes are selling for 36.5% more money.

In November 2012 the median price of a detached home in Fox River Grove was 162,659, while in November 2013, the median price was $222000. This is great news for sellers. On the other hand, prices for attached homes were down just a bit with a 13.9% decrease. In November 2012 the median price of an attached home was $115000, and in November 2013 it was $99000.The number of homes was almost the same from one year to the next. In November 2012 there were 3 attached homes for sale, and in November 2013 there were 2. In November 2012 there were 38 detached homes for sale, and in November 2013 there were 36, just 2 less, or a 5.3% decrease.

The number of new listings taken was exactly the same as a year ago in both detached and attached homes. There was 1 attached property listed in both November 2012 and 2013. There were 8 detached homes listed in November 2011, 2012 and 2013.Months of supply were slightly down for both, but not significantly so. There was a decrease from 1.8 months supply in November 2012 to 1.5 month supply in 2013. For detached homes there was a greater span. In November 2012 there was 6.7 months supply and in November 2013 there was a 4.6 month supply, or a 30,7% decrease.

Number of homes sold was flat, with 1 attached home sold in both November 2012 and in November 2013, and 4 detached homes sold in 2012 and 2013.The market in Fox River Grove was flat from the period a year ago, but the simple fact that homes are selling for more, show a market on the upswing a great time to sell in Fox River Grove real estate.