NW Chicago Suburbs Streamwood IL Homes and Market Times, October 2007

There is a larger amount of inventory thruout the Chicago Northwest Suburban Market which includes the Streamwood IL and Schaumburg IL areas.  Sellers are competing to make their homes standout and enhance their chances of an offer.  Prices have held between 3 to 4% from the listing price over the last 9 months.

Here is a chart of ACTIVE Single Family Home Prices in Steamwood with the MARKET TIMES posted as "average days on the market".

There are currently 254 single family homes available with an average market time of 136 days.  The median price is $259,000 and the highest listing price is $690,000.

There have been 1378 sold and closed homes with the average sale price of $268,790 with the average market time of 75 days.

Status: Active, Pending, Closed   Property Type: Detached Single   Area: Streamwood   Months Back: Jan 1 to October 8, 2007

Active Listings

List Price Range # Listings Avg. Days on Mkt $150,000 - $199,999 16 102 $200,000 - $249,999 101 151 $250,000 - $299,999 87 132 $300,000 - $349,999 12 88 $350,000 - $399,999 7 119 $400,000 - $449,999 7 154 $450,000 - $499,999 4 156 $500,000 - $549,999 13 157 $550,000 - $599,999 3 83 $600,000 - $699,999 4 103

Active Listings Summary

# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 254 136 $259,000 $288,088 $690,000 $174,900 $73,174,333

Sold Properties

Sold Price Range # Listings Avg. Days on Mkt Less than $149,999 2 35 $150,000 - $199,999 198 75 $200,000 - $249,999 540 74 $250,000 - $299,999 371 74 $300,000 - $349,999 100 64 $350,000 - $399,999 37 89 $400,000 - $449,999 21 114 $450,000 - $499,999 31 104 $500,000 - $549,999 46 103 $550,000 - $599,999 26 47 $600,000 - $699,999 6 71

Sold Properties Summary

# Units Avg. MT Median Sold Price Avg. Sold Price Max. Sold Price Min. Sold Price Total Volume 1378 75 $245,000 $268,790 $675,000 $142,000 $370,392,612

Under Contract

List Price Range # Listings Avg. Days on Mkt $150,000 - $199,999 5 121 $200,000 - $249,999 4 87 $250,000 - $299,999 2 100 $300,000 - $349,999 1 83 $350,000 - $399,999 1 196

Under Contract Summary

# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 13 110 $219,800 $238,669 $350,000 $169,900 $3,102,700

To search for homes currently available in the Streamwood IL area, please go to my website at www.LynSims.net to begin your house hunt!

Tips to sell your home faster and for more money in the "Sell your Property" section of my site. Great consumer advice whether your a buyer or a seller.

If you are looking to find or sell a home in the Streamwood IL area, please feel free to contact Lyn Sims of RE/MAX Suburban at 847-230-7324 or 800-637-9345 Outside IL.  I can provide you with information on many of the areas commmunities.

Please contact me, I am ready to buy or sell a home!