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Hoffman Estates Sales Not Stalling during Pandemic
Here's the things you will need to know if you are planning on selling in Hoffman Estates. Here's a few graphs to help give you an idea.
What is the percentage of homes that are going under contract each month in Hoffman Estates? This tells you if the market is flat, going up or declining based on homes going under contract. It shows you the 'action' that buyers are taking in the market.
How many other homes are for sale in Hoffman Estates? This is called the months of inventory level. The lower the level of homes on the market the better the market is for a seller. Currently we have been in a sellers market for quite some time. Inventory fluctuates per month and is usually the highest in the spring months.
How many days does it take for an average home in Hoffman Estates to sell? This tells you exactly how long a home sale took from 1st day on market to contract acceptance. I think that many people will be shocked to see the higher numbers. Some homes sell quickly while others take longer to sell.
So let's talk about Covid-19 & how it is effecting the Hoffman Estates market. So far the market has been ... more
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