bartlett il real estate: Bartlett IL Real Estate Report - What's going on? - 07/30/13 07:44 AM
People are always asking me “Lyn, how many homes are selling?”   Well that seems to make a difference is what area or subdivision you live in.  It’s really not an evasive answer.  Each area and subdivision is totally different!  Here’s what I can tell you about the overall Bartlett market –
Single Family Homes -  Bartlett averages 32 home sales a month.  Inventory is slightly up over the last few months and is highest amoung the surround towns.  The percentage of homes going under contract each month is 24 to 30%. Homes under contract dipped only for June. Market time is 116 … (0 comments)

bartlett il real estate: Bartlett IL Real Estate - What's available for sale? - 05/22/13 08:20 AM
People always ask me “Lyn, how many homes are selling?”   Well that seems to make a difference is what area or subdivision you live in.  It’s really not an evasive answer.  Each area and subdivision is totally different! 
Here’s what I can tell you about the overall Bartlett market:
 
Single Family Homes -  Bartlett averages 24 home sales a month.  Inventory is down substantially from previous years.  The percentage of homes going under contract each month is 14 to 25%. Average Sold Price was $239,486 for the 1st quarter of 2013.

Multi-Family Homes - Bartlett averages 13 sales per … (0 comments)

bartlett il real estate: Bartlett IL Community Overview - Looking for a home in Bartlett? - 12/18/12 08:31 AM
Bartlett is a great small community located in Cook, DuPage and a small part in Kane Counties. The population was 41,000 by the 2011 census and has definitely grown from the original 360 in 1900.  Bartlett was incorporated in 1891 after Luther Bartlett who offered the right of way thru his land to the Chicago and Pacific railroad. The village has retained it's original railroad station built in 1873 in the downtown area.  The commuter station is the Metra Milwaukee West Line.
Bartlett Bike Path System is 19.6 miles and is a favorite with cyclists.
Bartlett owns and operates Bartlett Hills Golf Course. … (0 comments)

bartlett il real estate: Foreclosures in Bartlett IL - What's available on the market now? - 12/18/12 08:07 AM
Foreclosures in Bartlett Search for available foreclosed homes for sale in Bartlett. This includes 'REO' which is bank 'real estate owned' listings. Get a great value on Bartlett properties in all kinds of condition, prices, space, and styles. Get a leg up on a beneficial equity position in the future. Bartlett is known as a solid community with great infrastructure, amenities, shopping advantages and a great small town feel.Search here for:Bartlett Home ForeclosuresBartlett HomesBartlett Condo/Townhome ForeclosuresBartlett Condos/TownhomesBartlett Village Overview60103 DemographicsSchool District U46 InfoBartlett Park DistrictNorthwest Suburbs Foreclosure AccessOnce you have found a Bartlett home that you are interested in, please give me a … (0 comments)

bartlett il real estate: Bartlett IL Homes - What's the real estate market been doing? - 12/10/12 01:39 AM
Bartlett IL Homes - Bartlett IL Real Estate - Housing Market for November 2012 Looking for current and concise market information for Bartlett IL Homes? You've come to the right place and I've actually been seeing a constant improvement for the last 18 months.  Interest rates have even gotten lower with affordability continuing to be the best it's ever been.Let's talk about a few different market facets here - the months supply of inventory for Bartlett IL Homes has been steadily decreasing and has actually kept our recovery on an even keel. We have 48% less in housing inventory then we did a year ago.  With too many … (1 comments)

bartlett il real estate: Bartlett IL Real Estate - Market Improvements August 2012 - 09/18/12 08:14 PM
Bartlett IL Homes - Bartlett IL Real Estate - Housing Market for August 2012 Looking for current and concise market information for Bartlett IL Homes?  You've come to the right place and I've actually been seeing a distinct improvement for the last 15 months.  Interest rates have never been lower with affordability continuing to be the best it's ever been.Let's talk about a few different market facets here - the months supply of inventory for Bartlett IL Homes has been steadily decreasing and has actually kept our recovery on an even keel. We have 29% less in housing inventory then we did a year ago.  With too many … (1 comments)

bartlett il real estate: Bartlett IL Real Estate - What are home prices doing? - 06/17/12 11:11 AM
Bartlett IL Real Estate - Housing Report for May 2012 How to describe the current market for Bartlett IL Homes?   We have actually been seeing a distinct improvement for the last 12 months.  Interest rates have never been lower with affordability being the best it's ever been.   The months supply of inventory for Bartlett has been steadily decreasing and has actually kept our recovery on an even keel. We have 35% less in housing inventory then we did a year ago.  Too many homes on the market makes it more competitive and prices are forced downward.    Another good indicator that our Bartlett IL market … (0 comments)

bartlett il real estate: Bartlett IL Real Estate - Bartlett IL Homes - March 2012 Market Report - 04/16/12 07:30 AM
Bartlett IL Real Estate - Bartlett IL Homes -  March 2012 Market Report How to describe this market for Bartlett IL Homes?   I say it's a roller coaster for some buyers and a boring siesta for sellers! Either way it's more unpredictable this month!
The months supply of inventory for Bartlett IL Homes has been decreasing sharply from December to March.  It has steadily decreased these winter months (usually opposite) to a current 3.8 months supply. Generally this would be an excellent sign for the overall market!  But ..... this should signal that the market is turning into a sellers market based … (3 comments)

bartlett il real estate: Bartlett Area Real Estate - Bartlett IL Homes for Sale - Market Report February 2012 - 03/18/12 05:12 AM
Bartlett IL Homes - Bartlett IL Real Estate -  February 2012 Market Report How to describe this market for Bartlett IL Homes?   Sluggish for some, erratic for others and totally unpredictable both for buyers and sellers.
The months supply of inventory for Bartlett IL Homes has been decreasing from 10.7 in December to 7 months for January & February.  This is an excellent sign for the overall market!  I think that some sellers have taken their homes off the market and decided not to move or the sellers have become 'reluctant' landlords in order to continue with their future plans. … (1 comments)

bartlett il real estate: Bartlett IL Real Estate - What's the housing market doing now? - 02/21/12 07:12 AM
Slow and Steady goes our Northwest Suburban Real Estate Market for the 10th consecutive month. We are moving ahead with recovery here and sales have successfully reached above the 2010 level of closings. For the month of January, Bartlett Single Family Home closings are now 25% above last year and Bartlett Multi-Family are now up 20% over the same period.  For Bartlett there are still no price gains calculated with foreclosures still leading the way in current sales.  What is promising is that in a few different surrounding markets the average sales prices are now going up.  If all goes well, our … (0 comments)

bartlett il real estate: Bartlett IL Real Estate - Search for Townhomes here! - 12/28/11 10:58 AM
Stop right there and start looking for your new Bartlett Townhome here!   Thinking that now is the time to make a move?   Interest rates are now the lowest they've ever been.  I know you're saying to yourself "but you guys told us that last year?"  Well, the interest rates were low then and now they are even LOWER.  Just a few months ago we were quoting an interest rate of 5.125% and now we can say the rate is now at 4.125% which is a full percent less!  What does that mean to you and your wallet?  About a … (1 comments)

bartlett il real estate: Bartlett IL Real Estate - Curious about what the market is doing now? - 12/22/11 06:35 AM
Positive Signs continue in our Northwest Suburban Real Estate Market for the 8th consecutive month. We are moving ahead with recovery here and sales have successfully reached above the 2010 level of closings.  For November, Bartlett Single Family Homes are now 32% above 2010 closings and Bartlett Multi-Family are now up 17% over 2010.   For Bartlett there are still no price gains calculated with foreclosures still leading the way in current sales.  What is promising is that in a few different surrounding markets the average sales prices are now going up.  If all goes well, our next trend will be for prices to … (1 comments)

bartlett il real estate: Bartlett IL Housing Market Update - October 2011 - 11/12/11 10:27 AM
Real Estate Market Update - Northwest Suburban October 2011 It's good news and I'm market optimistic!  That's for sales being on an upward trend for the last 7 months.  The numbers are showing a distinct improvement for the 7th month in a row for the Northwest Suburban Market! The majority of towns sales are up.   Even if the town is showing a negative (YOY Change), the sales are increasing each and every month overall.  Most of the average sales prices are still low but that is because most of the lower priced homes are being bought by first-time home buyers … (0 comments)

bartlett il real estate: Bartlett IL Real Estate - What's the market doing now? - 10/24/11 05:05 AM
Signs of life in our Bartlett IL Real Estate Market recently.  We are moving ahead and sales have finally reached above the 2010 level of closings.  For the 3rd Quarter of 2011 Bartlett Single Family Homes are 236% above 2010 closings and Bartlett Multi-Family are 100% over 2010.As of yet there are still no price gains that I can see with the foreclosures still leading the way in current sales. If all goes well, the next trend will be for prices to finally level off and slight increases to begin.  This also would depend on how much inventory we have going … (2 comments)

bartlett il real estate: Bartlett Area Real Estate - Bartlett IL Homes for Sale - What's going on with the real estate market? - 09/24/11 06:27 AM
Real Estate Market Update - Northwest Suburban August 2011 It's good news so let's give the local market a high five!
That's for sales being on an upward trend for the last 5 months. The numbers are showing a distinct improvement for the 5th month in a row for the Northwest Suburban Market! A few of the towns are down but for the majority sales are up.  Most of the average sales prices are still low but that is because most of the lower priced homes are being bought by first-time home buyers or investors snatching up those deals.  It … (2 comments)

bartlett il real estate: Bartlett IL Housing Market Update - June 2011 - 07/18/11 10:47 AM
Real Estate Market Update - Northwest Suburban June 2011 Good news but we are still riding the real estate roller coaster! Things are improving for the 3rd month in a row for the Northwest Suburban Market!  A few of the towns are down but for the most part sales are up.  Most average sales prices are still low but that is because most of the lower priced homes are being bought by first-time home buyers or investors getting a deal.  It will take some time but once the lower price ranges begin to move at a decent pace the move up buyers … (1 comments)

bartlett il real estate: Bartlett IL Housing Market Update - April 2011 - 04/12/11 02:08 PM
Bartlett IL Housing Market Update - April 2011 This is what the Bartlett IL Housing Market is showing us now ...... What is still selling seems to be on the low end of every price range which will further pull down the average or median sales prices in the Bartlett area.  On updating this graph over the year end 2010 summary, all the average sales prices were adjusted downward except for Hoffman Estates and Streamwood. Monthly Bartlett Home sales figures have been relatively low through the chilly 4th quarter winter months and haven't warmed up much for the 1st quarter!  (I … (1 comments)

bartlett il real estate: Bartlett Area Real Estate - Bartlett IL Homes for Sale - Market Update January 2011 - 01/25/11 05:05 AM
Bartlett IL Homes - Bartlett IL Real Estate - 4th Quarter 2010 Market Report How to describe this market for Bartlett IL Homes?   Sluggish, erratic, and unpredictable both for buyers and sellers.
The months supply of inventory for Bartlett IL Homes has been erratic from 24.3 to 17.6 then down to 11.6 months for December.  Where did these homes go?  I think that sellers have taken their homes off the market and decided not to move or the sellers have become 'reluctant' landlords in order to continue with their future plans.  The problem is not solved, only postponed to a … (0 comments)

bartlett il real estate: Bartlett Area Real Estate - Bartlett IL Homes for Sale - Market Update November 2010 - 12/15/10 07:29 AM
Northwest Suburban Housing Forecast Inventory up - Sales down.  (that's what you said last month Lyn! Awwww...... ) That's pretty much what the market is shaping up for in our area over the next 2 months of 2010.  What is selling seems to be on the low end of every price range which will further pull down the average or median sales prices in our area.  On updating this graph over October, all the average sales prices were adjusted downward slightly except for Bartlett.Monthly Northwest Suburban sales figures have been low through October and November.  The year is unfortunately going to end … (0 comments)

bartlett il real estate: Pricing Strategy for your Bartlett IL Home - 10/07/10 11:36 AM
Pricing Strategy for your Bartlett IL Home  
Listing your home soon?  Here's a couple of things you should know about 'Price'.
There’s actually a few factors that are embroiled together – Price, condition, location.  Together all three will actually make your home either sell or be rejected by prospective buyers. Obviously in this market and the elevated inventory for Bartlett IL Homes you have to be ‘dead on’ with your homes price.  Too high and no one will take your home seriously and it will be passed over.  Too low?  Well that really doesn’t happen too often except in distress sales, … (0 comments)

 
Lyn Sims and the Blog Dog (Streamwood, Elgin IL Real Estate - RE/MAX Suburban)

Lyn Sims and the Blog Dog

Bartlett, IL

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Streamwood, Elgin IL Real Estate - RE/MAX Suburban

Address: Bartlett, Streamwood, Hanover Park, and Elgin in Illinois

Office: 847-230-7324

Listings, sales, market updates and humorous factoids for the communities of Bartlett, Streamwood, Hanover Park, and Elgin in the Northwest Suburbs of Chicago.

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