Buffalo Grove has a cost of living adjustment score of 117.8, which is very expensive when compared to others in Illinois. Also, the area is considered very affluent with a median income of $89,844 per household. Buffalo Grove is made up of homes that are relatively old with a median of 27 years. Leading the list of top schools in the city are Tripp School, Meridian Middle School, and Buffalo Grove High School.
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$1.5M  
In this week's report, the number of homes sold in the Buffalo Grove market fell to 66 over the past 30 days. It marked a decrease of 16.5% from last week's report and a fall below the monthly average. On the other hand, close-by Arlington Heights registered 142 homes sold in the same time frame, the most of all surrounding cities. The median sales price rose to $302,500, up from last week's $285,000. In spite of the decrease in sales, a low three months of inventory signals that Buffalo Grove is a seller's market.
Comments:

$1.6M  
In this week's report, the number of homes sold in the Buffalo Grove market slid to 77 over the past 30 days, a decrease of 2.5% from last week's report, but still above the monthly average. On the other hand, close-by Arlington Heights registered 137 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Buffalo Grove, with the median for this period rising from $285,000 to $288,000. Despite the slip in sales, a relatively low two months of inventory indicates that Buffalo Grove is a strong seller's market.
Comments:

$597K  
The number of home sales in the Buffalo Grove market rose 5.5% to 77 homes over the last 30 days. In comparison, nearby Palatine had 111 sales in the same time frame, the most of all neighboring cities. Months of inventory continued a steady fall, trending downwards for four weeks to reach two months. The rise in sales and low inventory point to Buffalo Grove being a strong seller's market.
Comments:

$319K  
The Buffalo Grove market got good news this week as sales rose 15.9% to reach 73 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. To put it in perspective, close-by Arlington Heights registered 104 homes sold in the same time frame, the most of all surrounding cities. The median sales price climbed to $290,000, up from last week's $288,000. With just two months of inventory available and sales going up, Buffalo Grove is a strong seller's market.
Comments:

$918K  
This week marked a three-week trend in sales growth for the Buffalo Grove market. It resulted in 62 homes selling over 30 days, which is a 1.6% spike from last week's number and also the highest amount since October. In comparison, Arlington Heights led all other nearby municipalities with 98 sales. As sales hit a high, prices have been increasing. The median sales price hit $285,250, extending a four-week long spike. With only two months of inventory available, rising prices, and steady sales, Buffalo Grove remains a solid seller's market.
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With 41,496 residents, Buffalo Grove is a larger than average city in Illinois. Also, with a 5.3% decrease over the last 10 years, its population is shrinking slower than other parts of the state. The Buffalo Grove market is mostly made up of detached houses, which currently account for 60% of the homes for sale in the area. The best schools in the city are Tripp School, Meridian Middle School, and Buffalo Grove High School.
Comments:

$229K  
With a determined upward trend of new sellers listing homes, including 138 over the last 30 days, and sales that have inched up to 60 in that same time frame, the Buffalo Grove market will be getting more crowded. The median sales price rose to $286,250, up from last week's $281,250. With just two months of inventory available and sales going up, Buffalo Grove is a strong seller's market.
Comments:

$369K  
The Buffalo Grove market closed in on its 12-month sales average this week with 58 homes sold over the last 30 days. At the same time, close-by Arlington Heights reported 94 home sales, the highest number from all the surrounding cities. The median sales price rose to $281,250 over the latest reporting period for Buffalo Grove, up from $279,657. With just two months of inventory available and sales going up, Buffalo Grove is a solid seller's market.
Comments:

$978K  
The Buffalo Grove market showed healthy signs in this week's report, as the number of home sales climbed 15.2%, pushing the total to 53 homes sold over the last 30 days. At the same time, close-by Arlington Heights reported 83 home sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Buffalo Grove, and for this period the median sales price slid from $291,000 to $280,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Buffalo Grove is a definite seller's market.
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