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Hoffman Estates Market Trends for March 2015

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Real Estate Sales Representative with RE/MAX Suburban

Hoffman Estates Market Trends for March 2015

Hoffman Estates home sales for the month of March rose in volume by 11.3% when compared to last year, while the median sale price rose by 7.7% from $194,000 to $209,000. The number of Single Family homes sales rose by 37%, while the median sale price decreased by 20.5% from $286,000 to $227,500. Condo/townhome sales decreased by 15.4%, while the median sale price rose by 0.5% from $105,000 to $105,500.

» View homes for sale in Hoffman Estates   » View all recent sales in Hoffman Estates

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2015 Midwest Real Estate Data LLC. All rights reserved.

Median Sale Prices for Hoffman Estates

215k
173k
185k
194k
201k
224k
221k
220k
228k
230k
216k
215k
172k
217k
193k
209k
12/13 1/14 2/14 3/14 4/14 5/14 6/14 7/14 8/14 9/14 10/14 11/14 12/14 1/15 2/15 3/15

Number of Sales for Hoffman Estates

43
41
25
53
28
44
87
85
56
68
63
51
57
31
38
59
12/13 1/14 2/14 3/14 4/14 5/14 6/14 7/14 8/14 9/14 10/14 11/14 12/14 1/15 2/15 3/15

Real Estate Sales for March in Hoffman Estates

  March Year to Date (Jan 1 - April 22)
  2014 2015 Change 2014 2015 Change
Homes Sold 53 59 +11.3% 132 173 +31.1%
(Single Family) 27 37 +37% 72 99 +37.5%
(Condos/Townhomes) 26 22 -15.4% 60 74 +23.3%
Median Sale Price $194,000 $209,000 +7.7% $187,500 $201,984 +7.7%
(Single Family) $286,000 $227,500 -20.5% $260,800 $248,000 -4.9%
(Condos/Townhomes) $105,000 $105,500 +0.5% $91,700 $93,000 +1.4%
Days on Market 21 58 +176.2% 27 51 +92.5%
(Single Family) 19 64 +236.8% 22 59 +168.2%
(Condos/Townhomes) 25 31 +24.5% 29 34 +17.2%
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HomesByMarco has sold 22 homes in Hoffman Estates

Thinking of selling your home in Hoffman Estates? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

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