arlington heights: 9/25/08 Single Family Market Update - Arlington Heights, Illinois - 09/25/08 03:33 PM
Here is a quick snapshot of the single family residentail real estate market in Arlignton Heights. If you are interest in more deatils please call the us at 847-749-3533.
Under Contract
List Price Range                                  # Listings             Avg. Days on Mkt
$150,000 - $199,999                           1                          216
$200,000 - $249,999                           1                          603
$250,000 - $299,999                           3                          240
$300,000 - $349,999                           4                          264
$350,000 - $399,999                           8                          175
$400,000 - $449,999                           6                          285
$450,000 - $499,999                           … (6 comments)

arlington heights: Arlington Hieghts Rental Update - 06/03/08 04:13 PM
The rental market in Arlinton Heights is currently very strong and vacancy rates are very low. If you have a home or condo to rent in Arlington Heights you will be looking at it renting for at least 5-10% higher then last year at this time and it will rent quickly.
Renters the home you look at today many times will be gone tomorrow. We have rented multiple homes in under 24 hours. This means if you find something you like you need to act fast and expect to pay close to full asking rent.
Residential Rentals on Market: 61
Lowest … (1 comments)

arlington heights: Arlington Heights closed sales - What do the numbers tell us? - 12/06/06 04:02 PM
Below are the closed transactions for 2005 and 11 months of 2006 for Arlington Heights, IL per the mls. As you can see there has been a 10% drop in closings for the current year. This number is only part of the truth in my opinion. Less homeowners are selling by owner which has increased the number of recorded sales in the mls for 2006. This means the numbers actually look better then they really are.
Also 2006 started off as a great year with 27 more units closed by the end of March then in 2005, that's a 34% increase. After … (5 comments)

arlington heights: Arlington Heights IL Market Update - 11/30/06 10:23 AM
Here is a quick overview of the single family market in Arlington Heights, IL. There currently is about 29 months of inventory. While part of the increase is seasonal it does show we are clearly in a buyers market.
currently on the market: 472 currently under contract: 60closed in the last 90 days: 48est. inventory: 29 months (10 months longer than 9/25 update)lowest price: $259,900 highest price: $2,499,000
Here is a quick overview of the condo market in Arlington Heights, IL. There currently is about 11 months of inventory.
currently on the market: 279 currently under contract: 35 closed in the last 90 days: 78 est. … (5 comments)

arlington heights: Million Dollar Plus Homes in Arlington Heights IL - 10/02/06 11:48 PM
Million dollar homes in Arlington Heights is becoming common place. With 25 current listing over 1 million dollars and as high as $2.5 million you have a large selection of new construction high end homes. These homes are up to 6,000 sq feet and have up to 4 car garages. But with only 5 homes selling in this price range in the last 6 months the question becomes why are so many being built?The highest price closed sale in Arlington Heights in the last 6 months is only $1,225,000. This is less than half the price of the current highest priced … (3 comments)

arlington heights: Arlington Heights IL Market Update - 09/25/06 05:07 PM
Here is a quick overview of the single family market in Arlington Heights, IL. There currently is about 19 months of inventory. This is a growing number and is starting to strongly suggest we are in a buyers market.
currently on the market: 537 currently under contract: 83closed in the last 90 days: 82est. inventory: 19 months (2 months longer than 7/05 update)lowest price: $284,900 highest price: $2,399,000
Here is a quick overview of the condo market in Arlington Heights, IL. There currently is about 21 months of inventory.
currently on the market: 310 currently under contract: 55 closed in the last … (2 comments)

arlington heights: Local Blogs - 07/11/06 07:22 PM
Finding information about the local real estate market is hard. Here are a few others that might be of interest to you. Palatine Homes, Schaumburg Homes, and Arlington Heights .blogspot.com are all local blogs that post local general information and local real estate information. Hope that these resources will be of use to you.
Make sure to visit our Roselle Condos site to view current information about the Roselle condo market. 
… (5 comments)

arlington heights: Arlington Heights Market Update - 07/05/06 04:42 PM
I posted about Arlington Heights IL in the last post so I figured you should see some hard numbers. I am going to use only single family homes for this update.
Homes listed - 496
Under Contract - 89
Closed in the last 90 days - 85
If it takes 90 days for 85 homes to sell then we have 524 days of inventory on the market today. That means if nothing new is added and home sales stayed the same as the last 90 days that it would take well over a year to sell every home that is currently listed. The one bright … (2 comments)

arlington heights: Market Time - 07/05/06 04:29 PM
Selling your home in todays market will require more advertising and the use of a professional REALTOR(R). Gone are the days of sticking a sign in teh ground and getting multiple offers. No longer will owners be able to go with the cheapest agent and hope that the mls will sell the home. The market has changed and with this change homes are sitting on the market longer. There are many homes on the market today that have been there for over 6 months, this would never have happened at any point over the last few years.
We have moved into a … (1 comments)