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How are Streamwood Homes Selling? March 2019
Real Estate Market Update in Streamwood - March 2019 What are Prices Doing? Average sales price ($201,000) an decrease of 12% from March 2018. Remember that every Streamwood subdivision is responding & recovering differently. That means "if and when" a home in the area goes on the market. Sellers are now pretty happy with prices or have decided that now is a good time to move. How about you? Are you thinking of moving? With our overall amount of inventory we are still in a sellers market. Inventory has actually decreased from 2018 significantly (38%). This says get your home on the market!
Homes actually closing is down from 2018 by 28%. Homes going under contract have increased over 2018 by 2.5%. Market time for homes going under contract is 41 days. This is definitely confusing isn't it? Low inventory but yet houses are languishing on the market for that amount of time?
Home prices averaged 99.8% of list in March. This number is telling you that buyers are going to buy RIGHT NOW. Buyers have given you feedback on your condition, your price, or your location if your Streamwood home is on the market over 30 days. With inventory this low there ... more
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