Thinking of selling in Buffalo Grove?
Strathmore homes have sold for a median of $500,000 over the past year, typically in about 8 days. It's a seller's market. Here's the full picture, and what your home is worth today.
$500,000
Median sale
26
Homes sold
12 mo
11
Avg. days on mkt
$238
Median $/sqft
6
For sale now
~2.8 mo supply
Median price by year
▲ 11.7%A seller's market
Just 6 homes for sale against 26 sales a year, roughly 2.8 months of supply, firmly a seller's market.
Timing matters
March is the window: homes listed then go under contract in under two weeks, while October listings have taken about two weeks.
Price sets the pace
Homes under $480K sell in about two weeks, while the $480K to $530K range, where most of the neighborhood trades, averages under two weeks.
$530,000
5 Knight Hill Lane
4 bd · 2.5 ba · 2,136 sf · 12d · 96% of list
$525,000
370 Arbor Gate Lane
4 bd · 3 ba · 2,241 sf · 5d · 100% of list
$634,000
174 Timber Hill Road
4 bd · 3.5 ba · 2,523 sf · 4d · 110% of list
$480,000
393 Indian Hill Drive
4 bd · 2.5 ba · 2,086 sf · 6d · 107% of list
$465,000
441 Arbor Gate Lane
3 bd · 2 ba · 1,614 sf · 6d · 104% of list
$600,000
4 Burnt Ember Court
4 bd · 2.5 ba · 3,060 sf · 3d · 104% of list
$530,000
810 Silver Rock Lane
4 bd · 2.5 ba · 2,924 sf · 8d · 98% of list
$500,000
267 Timber Hill Road
5 bd · 2 ba · 2,264 sf · 4d · 100% of list
Sold data via MRED MLS. Shown for market reference; information deemed reliable but not guaranteed.
How fast do homes sell in Strathmore?
Over the past year, homes in Strathmore have gone under contract in about two weeks on average (11 days), with the typical home closing in about 8 days.
What is my Strathmore home worth?
Homes here have sold for a median of $500,000 over the last 12 months, around $238 per square foot. Every home is different, so request a free, no-obligation valuation for a figure specific to yours.
Is now a good time to sell in Strathmore?
With 6 homes for sale against 26 sales a year, about 2.8 months of supply, Strathmore is a seller's market. Sellers here have been getting about 101.2% of list price.
Thinking of selling?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
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Your local agent
Joe has read every one of the 26 homes that sold in Strathmore this past year, at a median of $500,000, with the typical home going under contract in under two weeks. Joe knows what today's Strathmore buyer will actually pay, and what they won't.
With only 2.8 months of inventory, the risk here isn't finding a buyer; it's underpricing and leaving money on the table. Joe prices off the actual Strathmore comps, not a national average, and sellers here have been getting about 101.2% of list price. Text or call any time for a straight read on your number.