Hanover Park Illinois Market Update by Price Range - July, August, September 2009
Diligently trying to keep both buyers and sellers educated on the local Hanover Park Illinois Home Sales and housing market has been my goal with regular posts. This market update gives you the number of homes that have sold by price range so you get a feel for the current sales activity.Which is down not giving encouraging news!
26% over the last 3 months!
Isn't the $8000 Tax Credit making a difference? Isn't the lower interest rates making a difference? Maybe the great values in the area? I honestly can't say the reason for this quarterly downturn. We were just up in sales 30% over the 1st quarter of the year. Average days on the market is also up at 194. The listing price to selling price ratio is 5%.
Currently for the Hanover Park Illinois Home Sales from July to September 2009 you can clearly see that over 78% of the closed sales have been under the $200,000 price range. The lowest sales price was $52,000 and the highest sales price was only $262,500.
How can you use this information if you are a buyer? The price range that you are thinking of purchasing in, is it one of the more active price areas of the market? It would be telling you that there are many other buyers also in your price range all looking for that 'deal.'
How can this information help you if you are a seller? If you are planning on selling your home soon, you can see which price ranges are most active. Clearly the price range above $300,000 has been non-existent and rarely sales have occurred. You might have to plan accordingly for extra market time. As a seller, you have to be sure that your homes curb appeal and presentation is 'spot on'. in a market like this. Possibly some extra updates and staging might be required before you put your home on the market. Do you know what the average market time is for your price range?
Hey Lyn, what about foreclosures? Of those closed 41 total sales only 15 were foreclosures and 6 were short sales.
I sell in the Northwest Suburbs of Chicago. If you are thinking about purchasing or selling your home in the communities of Schaumburg, Hoffman Estates, Elk Grove Village, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett,Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.
Disclaimer: All data and information provided on this blog is for informational purposes only. Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.
Resources: MRED MLS of Northern IL, my little calculator and golf pencil.
Streamwood Illinois Market Update by Price Range - July, August, September 2009
Diligently trying to keep both buyers and sellers educated on the local Streamwood Illinois Home Sales and housing market has been my goal with regular posts. This market update gives you the number of homes that have sold by price range so you get a feel for the current sales activity.Which is up just slightly and is encouraging news!
Is it the $8000 Tax Credit? Is it the lower interest rates? Or maybe just great values in the area?
For the Streamwood Illinois Home Sales from July to September 2009 you can clearly see that over 82% of the closed sales have been under the $200,000 price range. The lowest sales price was $79,500 and the highest sales price was $557,000.
Average Days on the Market for these sales is 169 and the listing to sales price is 5%.
How can you use this information if you are a buyer? The price range that you are thinking of purchasing in, is it one of the more active price areas of the market? It would be telling you that there are many other buyers also in your price range all looking for that 'deal.' I would recommend that you consider Streamwood a real value and a great place to get a home under $200,000 in the Northwest Suburbs.
How can this information help you if you are a seller? If you are planning on selling your home soon, you can see which price ranges are most active. Clearly the price range above $300,000 has been non-existent and rarely sales have occurred. You might have to plan accordingly for extra market time. As a seller, you have to be sure that your homes curb appeal and presentation is 'spot on'. in a market like this. Possibly some extra updates and staging might be required before you put your home on the market. Do you know what the average market time is for your price range?
Hey Lyn, what about foreclosures? Of those 66 total salesonly 22 were foreclosures and 13 were short sales.
The 'Blog Dog' give you the Streamwood Market Pawspective!
I sell in the Northwest Suburbs of Chicago. If you are thinking about purchasing or selling your home in the communities of Schaumburg, Hoffman Estates, Elk Grove Village, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.
Disclaimer: All data and information provided on this blog is for informational purposes only. Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.
Resources: MRED MLS of Northern IL, my little calculator and golf pencil.
Attention area animal lovers! It would just take a moment of your time to click on the link for The Animal Rescue Site so they can get their quotas of free food for abused and neglected animals they care for.
There is a Seattle based animal rescue site that is in need of our help. It doesn't involve a donation, just the one thing that I know you Active Rainers are very good at - snooping the internet.
The Animal Rescue Site is having trouble getting enough people to click on it daily so they can meet their quota of getting FREE FOOD donated every day to abused and neglected animals.
It takes about 30 seconds to go to their site and click on the purple box 'fund food for animals for free'. This doesn't cost you a thing.
Their corporate sponsors/advertisers use the number of daily visits to donate food to abandoned/neglected animals in exchange for advertising.
I did this myself, and thoroughly examined the site and background information of the organization prior to posting this blog.
Bartlett Illinois Market Update by Price Range - July, August, September 2009
This post is actually in response to a lady asking a question on Trulia:
"We have had our house on the market now for 6 months without a single showing. Is this typical? We are at the 400-500 range, are none of these selling now?"
Answer: A very small percentage of this sales range has sold. Between the price range of $400,000 to $500,000 there have been only 5 sales during this last 3 month period.
Diligently trying to keep both buyers and sellers educated on the local Bartlett Illinois Home Sales and housing market has been my goal with regular posts. This market update gives you the number of homes that have sold by price range so you get a feel for the current sales activity.Which is up by the way - giving encouraging news!
30% over the last 3 months!
Is it the $8000 Tax Credit? Is it the lower interest rates? Or maybe just great values in the area? For the Bartlett Illinois Home Sales from July to September 2009 you can clearly see that over 62% of the closed sales have been under the $300,000 price range. The lowest sales price was $125,000 and the highest sales price was $487,500.
How can you use this information if you are a buyer? The price range that you are thinking of purchasing in, is it one of the more active price areas of the market? It would be telling you that there are many other buyers also in your price range all looking for that 'deal.'
How can this information help you if you are a seller? If you are planning on selling your home soon, you can see which price ranges are most active. Clearly the price range above $350,000 has been non-existent and rarely sales have occurred. You might have to plan accordingly for extra market time. As a seller, you have to be sure that your homes curb appeal and presentation is 'spot on'. in a market like this. Possibly some extra updates and staging might be required before you put your home on the market. Do you know what the average market time is for your price range?
Hey Lyn, what about foreclosures? Of those 74 total sales only 15 were foreclosures and 6 were short sales. Unsubstantiated thinking that foreclosures are making up a majority of the marketplace.
I sell in the Northwest Suburbs of Chicago. If you are thinking about purchasing or selling your home in the communities of Schaumburg, Hoffman Estates, Elk Grove Village, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.
Disclaimer: All data and information provided on this blog is for informational purposes only. Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.
Resources: MRED MLS of Northern IL, my little calculator and golf pencil.
Water supply pipe information - Have you gotten this in the mail recently?
The letter arrives in the mail stating that "your water service linethat brings fresh water into the home might need some maintenance. Have you considered what you would do if you were to suffer a burst or break in your water service line?"
Well first off if you received this letter don't panic! It's a completely unnecessary service says the Village of Schaumburg for most homeowners. You see, your water pipe going into your home has a useful life expectancy of 100 years. How old is your home? Well, subtract that and that's how many years you don't have to worry about it.
Now if you come home from work someday and see a geyser coming up from your front lawn, well, that's an immediate problem. Except in extreme cases, chances are this coverage is not necessary for you and your home.
Now another client in Streamwood received a similar letter from a different company that said her drinking water might be effected. Well, that would make anyone pay attention wouldn't it? According to the water dept. at the village your water line (in) and your sewer line (out) are not connected at all. Another scam making you feel that if you don't get your water tested you are drinking pond scum with your morning coffee. Yuck.
So these services seem to cost between $59.88 to $110.00 depending on which company you received the letter from. Call the village to verify that this service is not required. Keep your money in your own pocket!
Money saving good deed for me for me today. So I'll go back to watching the geyser in my neighbors yard!
All data and information provided on this blog is for informational purposes only. Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.
There is a large amount of inventory thruout the Northwest Suburbs of Chicago which include theElgin Area. Sellers are competing to make their home standout and enhance their marketability. Prices have held between 4 to 5% from the listing price over the last few months.
Here is the chart of ACTIVE Single Family Prices for Elgin homes with the MARKET TIMES posted as 'average days on the market.' There currently are 819 single family homes available for sale with an average market time of 279 days.
The average list price is $276,736 and the highest listing price is $1,399,900. The largest selection of homes occurs under $200,000 price range with 342 available. The lowest price is just $29,000 which would be considered a 'value price' at any time of the year. I always like to call these my'Internet deal alerts'.
To start your up to the minute search for homes available in Elgin. I'm looking for townhomesin Elgin.
All data and information provided on this blog is for informational purposes only. Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use/
BIGGEST BR'S 16X12 AVAILABLE!
SPACIOUS GREATROOM WITH VAULTED CEILINGS!
2BR/2BA Multi-Family, 4 units
offered at $194,900
Year Built
Unspecified
Sq Footage
Unspecified
Bedrooms
2
Bathrooms
2 full, 0 partial
Floors
1
Parking
1 Car garage
Lot Size
Unspecified
HOA/Maint
$191 per month
DESCRIPTION
2BR 2BA, Vaulted Greatroom, skylites, Large eat-in Kitchen w/pantry & new floor, Vaulted Master BR w/walk-in closet. Master BA with skylite too. Large end unit with private balcony. 1 car private garage, low taxes and well kept area.
There is a large amount of inventory thruout the Northwest Suburbs of Chicago which include the Bloomingdale Area. Sellers are competing to make their home standout and enhance their marketability. Prices have held between 4 to 5% from the listing price over the last few months.
Here is the chart of ACTIVE Single Family Prices for Bloomingdale homes with the MARKET TIMES posted as 'average days on the market.' There currently are 105 single family homes available for sale with an average market time of 203 days.
The average list price is $502,658 and the highest listing price is $1,500,000. The largest selection of homes occurs in the $350,000 to $399,000 price range. The lowest price is $206,000 which would be considered a 'value price' at any time of the year. I always like to call these my'Internet deal alerts'.
To start your up to the minute search for homes available in Bloomingdale.
All data and information provided on this blog is for informational purposes only. Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use/
There is a large amount of inventory thruout the Northwest Suburbs of Chicago which include the Hanover Park Area. Sellers are competing to make their home standout and enhance their marketability. Prices have held between 4 to 5% from the listing price over the last few months.
Here is the chart of ACTIVE Single Family Prices in Hanover Park with the MARKET TIMES posted as 'average days on the market.' There currently are 124 single family homes available for sale with an average market time of 198 days.
The average list price is $211,095 and the highest listing price is $799,900. The largest selection of homes occurs in the $150,000 to $200,000 price range. The lowest price is $99,900 which would be considered a 'value price' at any time of the year. I always like to call these my'Internet deal alerts'.
To start your up to the minute search for homes available in Hanover Park. I'm looking for townhomesin Hanover Park.
All data and information provided on this blog is for informational purposes only. Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use/
There is a large amount of inventory thruout the Northwest Suburbs of Chicago which include the Bartlett Area. Sellers are competing to make their home standout and enhance their marketability. Prices have held between 4 to 5% from the listing price over the last few months.
Here is the chart of ACTIVE Single Family Prices in Bartlett with the MARKET TIMES posted as 'average days on the market.' There currently are 203 single family homes available for sale with an average market time of 190 days.
The average list price is $363,496 and the highest listing price is $1,295,900. The largest selection of homes occurs in the $250,000 to $350,000 price range. The lowest price is $155,500 which would be considered a 'value price' at any time of the year. I always like to call these my'Internet deal alerts'.
To start your up to the minute search for homes available in Bartlett. I'm looking for townhomesin Bartlett.
All data and information provided on this blog is for informational purposes only. Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use/
Northwest Suburban Chicago Illinois real estate listings, sales, market comments and news for the surrounding Illinois communities of Bartlett, Hanover Park, Elgin, South Elgin, Streamwood, Carol Stream, Bloomingdale, Roselle, Medinah, Itasca, Elk Grove Village, Hoffman Estates, and Schaumburg.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.