Our goal is to always provide up to date information about the Hanover Park real estate market. It is important to know about the Hanover Park homes for sale and Hanover Park properties to sale.
Sellers need to stay in touch with what their competition is and how they can stand out from the other homes on the market. Seek the advice of a professional real estate agent to give you "tips on getting your home ready". Be sure your agent has an aggressive marketing plan to get you the exposure you need to get your home sold.
This is a great time to buy a home!! When you talk to a mortgage lender...they can tell you that interests rates are very good! There is a large supply of homes to choose from which is most buyers dream to have more than one to look at and because of the large supply, sellers are willing to negotiate more on their price.
Here is a chart of ACTIVE (Single Family) LISTINGS in Hanover Park and the MARKET TIMES (In days):
There are a total of 187 single family homes for sale in Hanover Park with an average marketing time of 144 days. Here is how it is broken down into number of bedrooms and average listing prices...
# Bedrooms #Active Average List Price Average Market Time
2 3 $239,633 98
3 106 $253,132 151
4 68 $281,788 133
5 or more 10 $331,910 166
Here are the single family 141 homes that have closed with and average list price of $248,624 and average sales price of $242,011 which is a sales price to list price ratio of 97% and an average market time of 123. Here is how it is broken down into number of bedrooms....
# Bedrooms #Sold Av. List Price Av. Sales Price SP:LP Ratio Market Time
2 6 $206,967 $199,967 97% 83
3 86 $242,262 $236,761 98% 116
4 44 $262,886 $254,575 97% 130
5 3 $282,540 $272,200 96% 228
If you would like more information about:
Or if you are looking to find a home in the Bloomingdale, Hanover Park, Glendale Heights, Carol Stream, Dupage County area or Cook County area, please feel free to contact Rick and Lynn Orze at 630-339-4022 or visit. We would be happy to provide you with information on surrounding communities.
**INFORMATION SOURCE: MULTIPLE LISTING SERVICE OF NORTHERN ILLINOIS (MLSNI)
Here are some other area market reports for the month of September 2007:
Glendale Heights Real Estate Market Report
Carol Stream Real Estate Market Report
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