Here's the things you will need to know if you are planning on selling. So how is the market doing currently in Hoffman Estates? Here's a few graphs to help give you an idea.
What percentage of homes go 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 told in 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. Surprisingly for Hoffman Estates, the highest listing months were in July & August 2019.
The graph displays the average of ALL sales across the board for the year. For Hoffman Estates, October showed the highest sales price for the year.
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.
If you are researching this update to sell your Hoffman Estates home, please contact me to discuss the advantages of my marketing program putting your home front & center. Let's get your home 'SOLD'.
If you are thinking of buying a home in Hoffman Estates, I can act as your advocate for your purchase. An experienced veteran, like myself, can advise a strategy and help you take advantage of current buying trends.
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