There is a large amount of inventory thruout the Northwest Suburbs of Chicago which include the Elgin 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'.

elgin homes,elgin illinois,elgin IL homes, 

 

To start your up to the minute search for homes available in Elgin.  I'm looking for townhomes in Elgin.

 

 

Please contact me Lyn, I need more information!  

 

 

 

 

 

 

  

 
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   Lyn Sims and the Blog Dog© 
                                                    (847)230-7324

                                               RE/MAX Suburban
                        Email:  LynSims@remax.net
                            

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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/

Elgin IL Homes and Market Times, October 2009 ©2009  Lyn Sims and TheBlogDog.net

 
This post has been included in Illinois Information Kane County, IL Information Elgin, IL Information
Post is included in group: Market Updates
Post is included in group: Market Reports
Post is included in group: Local Expert

2 Comments on Elgin IL Homes Available and Market Times - October 2009

OCT
08
389,324 Points 9 Featured Posts Outside Blog

Lyn, Nice blog post on the market in your area..I like the way that you have average price but then the largest number of home in which price range, even mentioning the lowest price home.. so what do I get for $29,000 - is it livable?

6:23pm • #1
OCT
09

I'm not sure what shape that $29,000 beauty is in?

7:45am • #2

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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.


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