Here’s the latest news for the Highland Park, IL housing market!

The first chart shows the number of signed contracts each month from 2007-August 2011. Contracts were up considerably in August vs. July – a great sign!

The second chart illustrates home buying trends in Highland Park from 1992-2010 – there’s a pretty dramatic decline from 2005-2009, then an nice uptick in 2010 – I’m hoping 2011 will show an even greater increase in home sales.

The final chart illustrates how many homes in each price segment are for sale vs. how many homes have been sold or are under contract over the past two months. In only 2 price categories are sales/UCs exceeding inventory: up to $299,000 and from $500,000-$599,000.

Click on the charts for a full-size view.

If you’d like more information about the Highland Park, IL housing market, or any other suburb on the North Shore, please feel free to contact me at 847-652-1902 or Stephanie.Hofman@cbexchange.com

This post is categorized under Housing Market Matters, designed to give updates and stats on the performance of the North Shore housing market. Thanks for reading!