market conditions: 9/25/08 Single Family Market Update - Arlington Heights, Illinois - 09/25/08 03:33 PM
Here is a quick snapshot of the single family residentail real estate market in Arlignton Heights. If you are interest in more deatils please call the us at 847-749-3533.
Under Contract
List Price Range                                  # Listings             Avg. Days on Mkt
$150,000 - $199,999                           1                          216
$200,000 - $249,999                           1                          603
$250,000 - $299,999                           3                          240
$300,000 - $349,999                           4                          264
$350,000 - $399,999                           8                          175
$400,000 - $449,999                           6                          285
$450,000 - $499,999                           … (6 comments)

market conditions: Roselle Condo Conversion - 02/27/07 12:15 AM
Spring Hill Condos
Wanted to announce that my team is currently working on a condo conversion in Roselle Illinois. The project has studios, one bedrooms, and two bedroom two bath models. There are 264 units to be sold and the prices start from $99,900.
If anyone has any clients looking for investment properties or clients looking to purchase a condo in Roselle just contact me and I will register them for you. We are cooperating with brokers, give me a call for current information.
All current information about Spring Hill Condos is on our Roselle Condos site.
(4 comments)

market conditions: Arlington Heights closed sales - What do the numbers tell us? - 12/06/06 04:02 PM
Below are the closed transactions for 2005 and 11 months of 2006 for Arlington Heights, IL per the mls. As you can see there has been a 10% drop in closings for the current year. This number is only part of the truth in my opinion. Less homeowners are selling by owner which has increased the number of recorded sales in the mls for 2006. This means the numbers actually look better then they really are.
Also 2006 started off as a great year with 27 more units closed by the end of March then in 2005, that's a 34% increase. After … (5 comments)

market conditions: Palatine IL Real Estate Market Conditions - 11/30/06 10:45 AM
Here is a quick overview of the single family market in Palatine, IL. There currently is about 19 months of inventory and the increase is most likely seasonal.
currently on the market: 270 currently under contract: 38 closed in the last 90 days: 43 est. inventory: 19 months lowest price: $235,000 highest price: $1,695,000Here is a quick overview of the condo market in Palatine, IL. There currently is about 22 months of inventory and this increase might be more than just seasonal. 
currently on the market: 314 currently under contract: 34 closed in the last 90 days: 42 est. inventory: 22 months (9 month increase from the 9/25 update) lowest … (6 comments)

market conditions: Roselle Condo Market Conditions - 11/30/06 10:29 AM
The condo market in Roselle, IL currently has 50 condos on the market and there is about a 19 month inventory. The small increase in months of inventory is seasonal and not a reason to believe that the market is any slower than at the last update.
Currently listed: 50 Under Contract: 7 Sold in last 180 days: 16 Low Price: $156,900 High Price: $449,900 Previous Roselle Condo Updates: 09/28/06, 08/24/06 
Of the condos on the market 25% of them are all from one condo conversion. This skews the numbers for the short term and makes it look like the inventory is higher than normal.
 
(5 comments)

market conditions: Arlington Heights IL Market Update - 11/30/06 10:23 AM
Here is a quick overview of the single family market in Arlington Heights, IL. There currently is about 29 months of inventory. While part of the increase is seasonal it does show we are clearly in a buyers market.
currently on the market: 472 currently under contract: 60closed in the last 90 days: 48est. inventory: 29 months (10 months longer than 9/25 update)lowest price: $259,900 highest price: $2,499,000
Here is a quick overview of the condo market in Arlington Heights, IL. There currently is about 11 months of inventory.
currently on the market: 279 currently under contract: 35 closed in the last 90 days: 78 est. … (5 comments)

market conditions: Hows your market? - 10/09/06 11:47 PM
So more agents are starting to post some market conditions and I have found it interesting to see how some parts of the country are doing.
Post here a link to you current market update and give us a quick overview in your comment. Something like this:
City and state you serve main real estate focus (residential, new construction, condos,....) Buyers Market or Sellers or NeutralPrices, are they up, down or even this year? Then if you have a market update on your blog link to itThink this might be fun to see how things are doing across the country.
Our team works … (22 comments)

market conditions: Algonquin Market Conditions - 10/05/06 11:49 PM
The single family market in Algonquin, IL currently has 250 homes on the market and there is about a 8 month inventory.
Currently listed: 250 Under Contract: 33Sold in last 180 days: 191 Low Price: $159,000High Price: $979,900  
The condo market in Algonquin, IL currently has 6 condos on the market and there is about a 9 month inventory.
Currently listed: 6 Under Contract: 1Sold in last 180 days: 4 Low Price: $184,900High Price: $222,900If you need more information about real estate in Algonquin feel free to visit SuburbanHouseHunters.com. … (7 comments)

market conditions: Million Dollar Plus Homes in Arlington Heights IL - 10/02/06 11:48 PM
Million dollar homes in Arlington Heights is becoming common place. With 25 current listing over 1 million dollars and as high as $2.5 million you have a large selection of new construction high end homes. These homes are up to 6,000 sq feet and have up to 4 car garages. But with only 5 homes selling in this price range in the last 6 months the question becomes why are so many being built?The highest price closed sale in Arlington Heights in the last 6 months is only $1,225,000. This is less than half the price of the current highest priced … (3 comments)

market conditions: Barrington Condo Market Conditions - 10/01/06 06:28 PM
The condo market in Barrington, IL currently has 46 condos on the market and there is about a 13 month inventory.
Currently listed: 46 Under Contract: 16Sold in last 180 days: 21 Low Price: $174,900High Price: $650,000The condos that are highest priced are new condos near the train station. If you remove the highest priced condo at $650,000 the next highest one is $460,530 so that the numbers are a little skewed by that listing. If you need more information about real estate in Barrington feel free to visit SuburbanHouseHunters.com. … (0 comments)

market conditions: Skokie Condo Market Conditions - 10/01/06 06:17 PM
The condo market in Skokie, IL currently has 213 condos on the market and there is about a 11 month inventory.
Currently listed: 213 Under Contract: 64Sold in last 180 days: 117 Low Price: $137,000High Price: $1,279,300Past Market Updates: 08/24/06The condos in the lower price range seem to be selling much better than the high end condos in Skokie. There is one month less inventory now than one month ago. This shows that the Skokie Condo market is doing better than many of the surrounding towns that are seeing growing inventory.
(2 comments)

market conditions: Northbrook IL Condo Market Conditions - 09/29/06 10:59 PM
The condo market in Northbrook, IL currently has 49 condos on the market and there is about a 20 month inventory. 
Currently listed: 81Under Contract: 10Sold in last 90 days: 12Low Price: $143,500High Price: $597,620Sellers need to be prepared for long market times and need to keep there condo clean and ready to be shown at all times. If you want your condo sold make sure to make as easy as possible for potential buyers to see it. That means never turning down a showing and always having the condo ready to be shown before leaving the house in the morning.For … (0 comments)

market conditions: Northbrook IL Single Family Homes Market Conditions - 09/29/06 10:53 PM
The single family market in Northbrook, IL currently has 309 homes on the market and there is about a 29 month inventory. This is a buyers market for sure at this point. With over 2 years of inventory your home better be priced right, clean, and staged to get a sale.
Currently listed: 309Under Contract: 28Sold in last 90 days: 31Low Price: $349,900High Price: $3,950,000For more information about Northbrook real estate visit SuburbanHouseHunters.com … (2 comments)

market conditions: Market Conditions for Roselle Illinois Condos - 09/28/06 10:22 PM
The condo market in Roselle, IL currently has 49 condos on the market and there is about a 14 month inventory.
Currently listed: 49 Under Contract: 8 Sold in last 180 days: 21 Low Price: $149,850 High Price: $449,900 Previous Roselle Condo Updates: 08/24/06 
Of the condos on the market 25% of them are all from one condo conversion. This skews the numbers for the short term and makes it look like the invetory is higher than normal.
For more information about Roselle Condos visit SuburbanHouseHunters.com 
Make sure to visit our Roselle Condos site to view current information about the Roselle … (2 comments)

market conditions: Palatine IL Market Conditions - 09/25/06 05:21 PM
Here is a quick overview of the single family market in Palatine, IL. There currently is about 13 months of inventory.
currently on the market: 309 currently under contract: 39closed in the last 90 days: 69est. inventory: 13 monthslowest price: $239,900highest price: $1,695,000Here is a quick overview of the condo market in Palatine, IL. There currently is about 13 months of inventory.
currently on the market: 345 currently under contract: 51 closed in the last 90 days: 80 est. inventory: 13 months  lowest price: $84,000 highest price: $639,000Past Market Updates: None
Visit www.SuburbanHouseHunters.com for more information about Palatine Heights Real Estate. … (8 comments)

market conditions: Arlington Heights IL Market Update - 09/25/06 05:07 PM
Here is a quick overview of the single family market in Arlington Heights, IL. There currently is about 19 months of inventory. This is a growing number and is starting to strongly suggest we are in a buyers market.
currently on the market: 537 currently under contract: 83closed in the last 90 days: 82est. inventory: 19 months (2 months longer than 7/05 update)lowest price: $284,900 highest price: $2,399,000
Here is a quick overview of the condo market in Arlington Heights, IL. There currently is about 21 months of inventory.
currently on the market: 310 currently under contract: 55 closed in the last … (2 comments)

market conditions: Hoffman Estates, IL - Market update - 09/23/06 11:55 AM
Here is a quick overview of the single family market in Hoffman Estates, IL. There currently is about 12 months of inventory.
currently on the market: 255 currently under contract: 73closed in the last 90 days: 62est. inventory: 12 months (same as 7/31 update)lowest price: $244,900 highest price: $949,000
Here is a quick overview of the condo market in Hoffman Estates, IL. There currently is about 12 months of inventory. This is an increase of 50% over the last update on 7/31 and shows that the market is slowing.
currently on the market: 90 currently under contract: 18 closed in the last 90 days: 22 est. inventory: … (2 comments)

market conditions: Skokie Condo Market Conditions - 08/24/06 12:08 PM
The condo market in Skokie, IL currently has 220 condos on the market and there is about a 12 month inventory.
Currently listed: 220 Under Contract: 72Sold in last 180 days: 105 Low Price: $147,000 High Price: $695,800
The condos in the lower price range seem to be selling much better than the high end condos in Skokie. Part of this might be that higher interest rates have forced buyers to look in slightly lower price ranges. While the interest rates are still very low, many buyers think they are high because they got spoiled over the last couple of years.
(1 comments)

market conditions: Market Conditions for Roselle Illinois Condos - 08/24/06 12:01 PM
The condo market in Roselle, IL currently has 45 condos on the market and there is about a 12 month inventory.
Currently listed: 45Under Contract: 8Sold in last 180 days: 20Low Price: $141,900High Price: $449,900
Of the condos on the market 25% of them are all from one condo conversion. This skews the numbers for the short term and makes it look like the inventory is higher than normal.
Make sure to visit our Roselle Condos site to view current information about the Roselle condo market.
View the 9/28/06 Roselle condo market update.
(1 comments)

market conditions: Hoffman Estates, IL - Market update - 07/31/06 12:13 PM
Here is a quick overview of the single family market in Hoffman Estates, IL. There currently is about 12 months of inventory.
currently on the market: 265 currently under contract: 68closed in the last 90 days: 62est. inventory: 12 months lowest price: $239,900 highest price: $677,772
Here is a quick overview of the condo market in Hoffman Estates, IL. There currently is about 8 months of inventory.
currently on the market: 87 currently under contract: 13 closed in the last 90 days: 32 est. inventory: 8 months lowest price: $87,900 highest price: $229,000
For more information about Hoffman Estates, IL real estate including a free mls search that includes all homes and … (1 comments)