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Northwest Suburban Chicago, Elk Grove Village IL, Market Summary & Market Times, December 2007 Lyn Sims RE/MAX Suburban

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Real Estate Agent

Elk Grove IL Real Estate, Lyn Sims,LOOKING FOR A HOME IN ELK GROVE VILLAGE?  THIS IS THE BEST PLACE TO START! 

There is a larger than normal of inventory thruout the Chicago Northwest Suburban Marketplace which includes the Elk Grove area.  Sellers are competing to make their homes standout and enhance their chances of an offer.  Prices have held between 3 to 4% of the listing price over the last few months.  Sales have slowed as usual over the Holiday Season.  Great deals are to be had at this time of year!

Here is a chart of ACTIVE Home prices in Elk Grove Village IL with the MARKET TIMES posted as "average days on the market".  BEST PRICE RANGE $250,000 to $300,000.

Status: Active         Property Type: Detached Single         Area: Elk Grove Village  
  
Active Listings
List Price Range # Listings Avg. Days on Mkt
$200,000 - $249,999 2 147
$250,000 - $299,999 41 176
$300,000 - $349,999 32 187
$350,000 - $399,999 20 190
$400,000 - $449,999 7 178
$450,000 - $499,999 7 184
$500,000 - $549,999 3 162
$550,000 - $599,999 3 424
$600,000 - $699,999 1 94
$700,000 - $799,999 1 465
  
Active Listings Summary
# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume
117 189 $329,900 $352,054 $779,900 $239,500

Elk Grove Village is entirely located in Cook County.  There are currently 117 homes available with the average market time of 189 days.  The median price is $329,900 and the highest listing price is $779,900.

CLOSED SINGLE FAMILY HOMES

There have been 176 sold and closed homes with the average sales price of $316,500 and the average market time of 113 days.  BEST SELECTION OF HOMES IS IN THE $250,000 to $349,999 PRICE RANGES.

Status: Closed            Property Type: Detached Single             Area: Elk Grove Village   Months Back: All Months   Closed Date: 01/01/2007-12/27/2007  
  
Sold Properties
Sold Price Range # Listings Avg. Days on Mkt
$200,000 - $249,999 13 104
$250,000 - $299,999 52 120
$300,000 - $349,999 52 104
$350,000 - $399,999 34 116
$400,000 - $449,999 10 130
$450,000 - $499,999 3 103
$500,000 - $549,999 4 81
$550,000 - $599,999 6 141
$600,000 - $699,999 1 138
$700,000 - $799,999 1 2
  
Sold Properties Summary
# Units Avg. MT Median Sold Price Avg. Sold Price Max. Sold Price Min. Sold Price Total Volume
176 113 $316,500 $337,001 $757,057 $230,000

For an "up-to-the-minute" home search for the Elk Grove Village IL area, please go directly 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 thruout whether you are a buyer or seller.

If you are looking to find or sell a home in the Elk Grove IL area, please feel free to contact Lyn Sims of REMAX Suburban at 847-230-7324 or 800-637-9345 Outside IL.  I can provide you with information on many of the surrounding communities possibly not listed here.

I need more help buying or selling a home, please contact me!Lyn Sims RE/MAX Suburban

Lyn Sims, RE/MAX Suburban, Elk Grove IL Real Estate

 

Lyn Sims RE/MAX Suburban (847)230-7324 or (800)637-9345 Outside IL

 

 

 

Selling homes in Elk Grove Village, Roselle, Schaumburg, Hoffman Estates, Medinah, Itasca, Hanover Park, Streamwood, Carol Stream, Bloomingdale, Elgin, South Elgin, St. Charles areas.

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