08/31/2026
Happy Monday, everyone!
I haven't been as active on here as I had hoped, as I am working hard on a project for my son's music program, and it's taking time way from me posting here. However, I am keeping up with real estate trends, lending options and keeping in touch with my clients regularly, so no worries. This also means I will be late in sending out my monthly newsletter to my hyper-local neighbors.
So, with all that in mind, I'd like to share some interesting stats from in and around Willoughby Farms that I will be including in my September issue.
As of today, according to MRED (Midwest Real Estate Data - Local MLS), from in the last 30 days (8/1-831):
Average list price: $566,079
Active listings: 8, including 2 in the private network
Under Contract: 3
Sold Homes: 5
Average Days on Market: Sold= 11, Active/UC/Sold= 44
The most interesting part is that there are some homes that have been on the market for as little as 2 days before going under contract, to still active for more than 3 months. To be honest, there is no glaring reason as to why that is, especially in this area. Usually, it's due to a listing price that isn't faring well. Sometimes, it's the condition of the home, little nuances that you can't see in the pictures, specific location, or even something to do with the seller's needs. Without being one of the listing agents here, or doing a deep dive on each place, I can't say for sure what it is. I just know that it's an interesting market we're still in, and will continue to be.
What are your thoughts?