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Hoffman Estates IL Homes - How long will it take to sell?
Welcome to the roller coaster ride for Hoffman Estates Homes!  In this gyrating edition of June's market update I'm going to decipher for you the current market trends (cause that's what I do) and tell you about time on market.  A more complex word that some use might be 'absorption rate'.  So how long will it take your Hoffman Estates home to sell?Let's begin with the use of the economic basic of supply and demand. Obviously in this market we have too much supply. When that happens the time it takes to sell your Hoffman Estates home also goes up. Buyers have a tremendous amount to choose from on the market but don't be fooled they are 'ready to pull the trigger' if they see something they want!Pricing your home correctly in the beginning has many advantages as these graphs will illustrate to you. The best sales time is in the first 30 days of your townhomes listing life. Price is the dominate factor in getting your home sold, then condition for that price.Twenty seven (27) Hoffman Estates homes or 26.5% of the market sold in the first 30 days. That's terrific for our area! Success percentages become less as the market times become ... more

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