Friday, May 11, 2012

HOT market in Thornwood!

Each month I calculate inventory levels for surrounding Fox Valley communities. See my Blog for a table with the month's supply of housing  inventory: Cindy's Blog. I also keep track of inventory levels in Thornwood.

There is 6.4 month's supply of detached housing inventory in the Thornwood. Anything over 6 months is said to be a buyer's market. The month's supply for April was 15 months of housing inventory. SO you can see a large decrease in the homes available in this desirable community.
Just as a basis of comparison the month's supply for Kane County is 11.6 for April and 17 months for St. Charles.
If you are thinking of buying a home in Thornwood don't hesitate...they will go quickly. If you are thinking of selling, this is the best time in months to put your house on the market.

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