Here are some real estate statistics for Homer Glen during April 2014:
- There were 18.4% fewer homes for sale in April 2014 compared to April 2013
- There were 57.1% more homes under contract in April 2014 compared to April 2013
- Market time decreased 63.4% in April 2014 compared to April 2013
Fewer homes for sale and more homes under contract is the reason for the current shortage of inventory. Properties are also selling more quickly and we are definitely seeing more multiple offer situations.
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