Saturday, September 18, 2010

Hoffman Estates, IL - Current Housing Market

The chart shows the market activity in Hoffman Estates in the last 30 days based on information from the MRED Multiple Listing Service.

There are currently 225 active listings of detached single family homes as of 09/18/2010.

The median list price is $290,500.00

In the last 30 days there have been 23 closed sales.

The median sales price was $240,000.00

At the current rate of absorption there are 9.78 months of unsold single family inventory in Hoffman Estates. This level of inventory is considered an over supply.

7 comments:

Paul Salamanca said...

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Letting Agents Eastbourne said...

Great post!! Thanks for sharing such an wonderful information ...

Colleen said...

It's good, your information was great.Thanks.

Seattle Real Estate

David said...

Hi,,,
This is very needful information regarding houses, storage/packing, mortage stores , legal laws etc. You can add business there . This site has national wide locations . You can get the information of houses all over the world

Unknown said...

Can someone update this report for 2011?

Levi Bryde said...

You may be interested in obtaining a home value evaluation. Then you should use CMA real estate, or comparative market analysis, as one of your real estate tools. This tool may assist you in determining the actual worth of your house by comparing it to comparable properties that have previously been sold in your neighbourhood.

Levi Bryde said...

Using a lender specializing in Modular home loans is essential since the payment plan must include a payment to the manufacturer for the entire cost of the home when it is delivered. Payment must be collected in full before foundation work will begin on your new house. It shouldn't be a problem if the bank is aware of this and has included it in the payment plan. Modular home loans have been handled by several institutions in the past, as previously stated. The method in which each one deals with the schedule of the builder's drawings may differ somewhat. It seems that some individuals like the builder, while others prefer the purchaser. In this way, the builder is given a financial incentive to finish the project on time while simultaneously giving him the cash he needs to complete each step of the project.