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Live, Dine, Shop, Play...in the North Shore’s Premiere Community

Realtor® Margaret Ludemann, Glen Homeowner

Big year for home sales in Southgate in The Glen

November 20, 2012 by Margaret Ludemann

Southgate sign at the corner of Patriot Blvd and Independence.

Southgate in The Glen is experiencing a big year in home sales.  In fact, nearly double as many Southgate homes have already sold in 2012 vs. all of 2011, and the year isn’t over!

Southgate is one of the wonderful communities in The Glen, Glenview Illinois.  There are 299 homes in the 104 acres of Southgate.  237 of these are single family detached homes,  55 border The Glen Club’s championship golf course.  There are also 62 attached homes:  38 are row homes and 24 are villas.

A little sales history will prove my point regarding the big sales jump in 2012.  Seven Southgate homes sold in 2011, which is about the average over the last three years.  But so far in 2012, thirteen homes have sold.  Plus there are three homes under contract, waiting to close.  I suspect that at least two of these will close yet in 2012, so Southgate should end up with 15 sales for the full year.

What’s behind the increase in sales?  Let’s begin with the community itself.  Southgate is one of the most desirable neighborhoods on the north shore.  The homes are stunning in appearance and built with the highest quality of materials and workmanship.  Second, many people waited to buy their next homes until the economy improved and jobs became more secure.  Well, that time has arrived, and the buyers are looking for quality properties. Third, prices are well below their 2006 highs, but they are beginning to increase.  So now is an ideal time to buy.  Finally, mortgage interest rates are at historically low levels.  It all adds up to a boom in Southgate sales.  If you are interested in a Southgate home, please contact me at 847-401-1802.

Filed Under: Real Estate in The Glen, Uncategorized Tagged With: Glenview, housing sales, North Shore, Southgate in The Glen, The Glen, The Glen Club

Margaret Ludemann, Realtor®
Phone: 847-401-1802
Text: 847-401-1802
Email: margaretludemann@gmail.com

at properties logo

@properties
1517 Waukegan
Glenview, IL 60025

@properties and Realtor® Margaret Ludemann are not affiliated with and do not represent any for-profit business or not-for-profit organization associated with the development known as The Glen, in Glenview, Illinois, including but not limited to any retail or commercial or professional enterprise, developers or builders operating in The Glen, or homeowners associations therein. Realtor Margaret Ludemann, Glen Homeowner is affiliated with @properties.
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