Hoffman Estates IL Median List Prices to Median Sold Prices - 2015
Looking for detailed information on the Hoffman Estates real estate market? You've come to the right place where I offer you what's happened over the 2015 calendar year in home sales.
There has been a total of 477 closed homes for 2015 with an average closed price of $282,000. This is only a moderate increase over 2014 of 3.9%.
The graph below shows the Median List Price (where list prices start) and the Median Sold Prices (where end prices are). It shows that many sellers start off at too high list price & then reduce the price over time. When all is said & done the agreed upon price is averaging at 95% of list. Since all prices are negotiable, this gives you an idea of what final outcome to expect.
Looking for an agent that's a true market expert? I can zero in to your specific Hoffman Estates area and give you the current market details so you can make an informed decision and help your home sell faster.
My experience plays an important role. I'm one of those unique people that will tell you how the market really is explaining the good with the bad.