Bartlett IL Home Sales - What's happening in the market?

What's happening this quarter?   Glad you're here because people are always asking me “How many homes are selling?" How well we are seeing improvement seems to make a difference in what area or subdivision you live in.  It’s really not an evasive answer, it's an accurate one.  Each area and subdivision is totally different!

Here’s what I can tell you about the overall Bartlett market –

Single Family Homes -  Bartlett averages 43 home sales a month.  Inventory is up substantially over other neighboring areas. The percentage of homes going under contract each month is 17 to 25%. Market time is 88 days which isn't bad but it could be better. Average Sold Price was $271,000 for the 3rd quarter 2013.
 
Multi-Family Homes - Bartlett averages 16 sales per month. Inventory is elevated but not as high as single family homes.  The percentage of homes going under contract each month is 17 to 29%. Market time is 64 days. Average sold price was $169,000 for the 3rd quarter.

Looking for a home in Bartlett?   This is a great time to get your first home, move to a smaller home, or move to a larger home.  Interest rates have ticked downward and many loan programs are available depending on your down payment. 
 
These are the current market numbers and availability for housing types in Bartlett.  Lots of great selections but you will have to move quickly in this market depending on your price range.
 
To search for homes currently available in Bartlett, please go directly to my site to get started.     Bartlett Homes     Bartlett IL Townhomes


Other interesting articles for sellers or buyers are also available at Lyn Sims  to make you market 'savvy' before you start your home search. I will help you every step of the way!


Northwest Suburbs Market Report - September 2013
Experience does matter!