This is the 'Months Supply of Inventory' for Hoffman Estates 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 that particular town.  Obviously, the higher the rate, the longer the market time for homes in that community.

Does your agent know the 'Conversion Rate' and will they share that information with you?  It shouldn't be kept a secret because it plays a pivotal role in how your home should be marketed.

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2 Comments on Hoffman Estates IL Homes - Months Supply of Inventory - June 2009

JUL
27
535,203 Points 52 Featured Posts Localism Sponsor Outside Blog

WOW!  Your absorption has made a large improvement or do you think it is just seasonal?
9:15am • #1
200,278 Points 2 Featured Posts Outside Blog

Renee: I think it's a mixture of things, some people took their home off the market, lower end price range being really active at this time also.  Sales for the last quarter where up significantly.
9:28am • #2

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Lyn Sims ~ Chicago Northwest Suburbs

Schaumburg, IL

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Schaumburg Illinois ~ RE/MAX Suburban

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Market comments and news about the surrounding communities of Schaumburg, Hoffman Estates, Elk Grove Village, Roselle, Medinah, Bloomingdale, Bartlett, Streamwood, Hanover Park and Carol Stream. Illinois Real Estate, Northwest Suburban Chicago IL homes.


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