hoffman estates home prices: How I Give Hoffman Estates Home Sellers Market Advantage! - 01/13/20 01:11 PM
One of the values that an agent brings to the table is their local knowledge of the real estate market.

Is it up? Is it down?

Suddenly a particular financing can no longer be used on your home which makes it available to less buyers. There are many, many things to compile to become knowledgeable. I pass all that information along to my sellers so they sell for more money & in a decent time frame.

That's what I do & what I work for with every client I represent. One of the things that I … (2 comments)

hoffman estates home prices: How are Hoffman Estates Homes selling in Fall? - 11/11/19 07:41 AM

 
The things that you will need to know if you are planning on selling is how is the market doing in Hoffman Estates. Here's a few stats to help give you an idea.

What is the percentage of homes that are going under contract each month in Hoffman Estates?  10% of total homes listed in October.  This percentage tells you if the market is flat, on the up or decline based on homes going under contract. It shows you the 'action' that buyers are taking in the market. Buyers are not in a rush with this percentage - market is cool that's for sure.
What is … (3 comments)

hoffman estates home prices: Are Hoffman Estates Homes Selling Quickly? - 10/04/19 12:10 PM
Real Estate Market Update in Hoffman Estates - September 2019 
What are Prices Doing?  Average sales price ($323,000) a decrease of 5% from September 2018.  Remember that every Hoffman Estates 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 19% from 2018.
Homes actually closing in Hoffman Estates was the same … (1 comments)

hoffman estates home prices: Are Homes in Hoffman Estates taking longer to sell? August 2019 - 09/12/19 03:07 PM

The things that you will need to know if you are planning on selling is how is the market doing currently in Hoffman Estates. Here's a few stats to help give you an idea.

What is the percentage of homes that are going under contract each month in Hoffman Estates?  14% of total homes listed in August which is just 'meh'.

This tells you if the market is flat, on the upswing or declining based on homes going under contract. It shows you the 'action' that buyers are taking in the market.
What is Hoffman Estate's inventory level? The lower the level of … (3 comments)

hoffman estates home prices: Hoffman Estates Home Sales - May 2019 - 06/05/19 04:33 PM
What are Hoffman Estates Prices Doing?  Average sales price ($323,000) a decrease of 12% from May 2018.  Remember that every subdivision is responding & recovering differently 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? Let's talk if you are thinking of moving. With our overall amount of inventory we are still in a sellers market. Inventory is UP slightly 1% over 2018. Homes actually closing is DOWN from 2018 by 15%. Total homes going under contract have been … (0 comments)

hoffman estates home prices: Hoffman Estates Real Estate Market - April 2019 - 05/10/19 12:28 PM
What are Prices Doing?  Average sales price ($326,000) a decrease of 4% from March 2018.  Sellers are now happy with prices or have decided that now is a good time to move. Some of life's choices say that it's time to do it. How about you? Are you thinking of moving? With our overall amount of inventory we are still in a sellers market. Inventory has actually increased from 2018. Homes actually closing is up from 2018 by 5%. Market time for homes going under contract for April is 79 days. Low inventory but yet houses are languishing on the market for 79 days? … (0 comments)

hoffman estates home prices: Hoffman Estates Home Sales - 1st Quarter 2019 - 04/30/19 06:08 AM

 
Here's the things that you need to know if you are planning on selling in Hoffman Estates. Let's go through a few graphs to help give you an idea.

What percentage of homes are going under contract each month in Hoffman Estates?

This tells you if the market is flat, on the upswing or declining based on homes going under contract. It shows you the 'action' that buyers are taking in the market. More is better.
 
 
 
What is the inventory level in Hoffman Estates? This is told in the months of inventory level. The lower the level of homes on the market the better it is for … (2 comments)

hoffman estates home prices: Hoffman Estates Homes - What are Average Sales Prices? - 04/16/18 03:59 PM
This interactive graph gives the monthly average sales prices from January 2015 to March 2018 for Hoffman Estates IL Single Family Homes only. For the year of 2017, Hoffman Estates home owners have seen an increase in average sales prices from $300,000 to $316,200.  
These numbers are averages for all sales and if you are looking for specific information regarding the pricing of your home currently, please contact me for a no obligation market evaluation and consultation.
 
 
Hoffman Estates Home Average Days on Market
Hoffman Estates Townhomes/Condos Average Sales
Hoffman Estates Townhomes/Condos Average Days on Market 
(0 comments)

hoffman estates home prices: Real Estate 1st Quarter 2018 in Hoffman Estates - 04/16/18 01:02 PM
How's the first quarter 2018 for real estate in Hoffman Estates?

The things that you will need to know if you are planning on selling is how is the market doing currently in Hoffman Estates. Here's a few graphs to help you get 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, on the upswing or declining based on homes going under contract. It shows you the 'action' that buyers are taking in the market.
What is Hoffman Estate's inventory level?
(0 comments)

 
Lyn Sims, Schaumburg IL Real Estate (RE/MAX Suburban) Rainmaker large

Lyn Sims

Schaumburg IL Real Estate

Schaumburg, IL

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Lyn Sims offers market comments, housing industry updates and real estate news about the surrounding communities near Schaumburg IL in the Chicago Northwest Suburbs.


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