This is the Months Supply of Inventory for Streamwood IL Single Family Homes from June 2007 to June 2009.
This is also called the 'Conversion Rate' or how long and how much inventory is on the market in a particular town. Obviously, the higher the rate, the longer the market time for a home in that particular community.
Does your agent know the Conversion Rate and will they share that information with you?
Yes that one month is correct with 39.8 months supply of homes on the market. That is obviously over 3 years! Gulp!
This darn dog and I proudly sell real estate in the Northwest Suburbs of Chicago. If you are thinking about purchasing or selling your home in the communities of Bartlett, Elk Grove Village, Hoffman Estates, Schaumburg, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.
Sources and credits: MRED MLS
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.
Streamwood Illinois Months Supply of Inventory - June 2009 ©2009 TheBlogDog.net and Lyn Sims
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