The attached graph shows the Median List Prices and the Median Sold Prices for Streamwood IL Homes. An interesting feature is the difference between the List Prices and the Sales Prices when the market downturn began. There was a definite 'disconnect' between what sellers wanted for their homes and what buyers were willing to pay. As the Streamwood market progressed forward (an unfortunate looking ski slope) to today, we see that the prices are starting to converge upon each other. Does this mean that buyers and sellers have weathered the 'price chasm' together? I think so.
Both buyers and sellers of Streamwood IL Homes are settling in with the market and taking advantage of the wonderfully low interest rates available. All I can do is present to you the market as it is 'today'. Present time, present moment.
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Please let me know if you need an experienced buyers agent or are thinking of selling your Streamwood IL Home.
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