Must move quickly to buy in The Glen

If you want to buy a great home in The Glen (Glenview, Illinois) you need to be prepared to move quickly and decisively.  That’s the theme developing in The Glen’s real estate market in the early months of 2014.

The inventory of Glen homes for sale is extremely limited.  Sellers know that prices are appreciating, and many are waiting to list until prices rise even further.  When a well maintained home comes on the market, chances are that it will receive buyer visits on the first day and up to a dozen or more visitors during the first week…unless it goes under contract immediately.

2299 Thistle is a good example.  This stunning single family home resides in the Landings neighborhood of The Glen, adjacent to the Chapel Crossing development and particularly close to Attea Middle School and the Glenview Park Center.  Built 13 years ago the home was meticulously maintained and offers 5+ bedrooms.  I listed this home on March 20, a Thursday.  I had agreement with buyers within 24 hours at 99.5% of the asking price.  Buyers hoping to see the home that weekend found the property already under contract.

2068 Valor Court is another example.  I listed this luxury townhome in the Tower Crossing neighborhood on January 7.  There was strong interest from day one.  One potential buyer expressed interest, but waited too long to make an offer.  Meanwhile a couple who was prepared to move quickly came in with a strong offer and flexibility in negotiations.  The home was under contract barely 17 days later.

The take aways are these:  1)  If you are serious buyer who wants to live in the North Shore’s premier lifestyle community you need to see newly listed Glen properties immediately, and 2) come to the table with what I call a “Godfather offer”…one that the seller can’t refuse.

If you would like to live in the Glen please give me a call at 847-401-1802 or send an email to margaret.ludemann@cbexchange.com.

Margaret Ludemann, Coldwell Banker Realtor

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