Hoffman Estates Real Estate Market Update March 2018

1
Hoffman Estates Real Estate Market Update March
2018
2
Real Estate In Hoffman Estates is a sellers
market with low inventory of homes in Hoffman
Estates and a lot of buyer interest. There is a
4.29 months supply of inventory on the market
in Hoffman Estates on March 31, 2018.
3
Now is the Time to Sell! The average market time
for a Single Family Homes to sell in Hoffman
Estates last month was 64 days.It took on
average 50 days to sell Hoffman Estates Condo,
Townhouse or a Duplex.The number of home sales
in Hoffman Estates from February 1, 2018 through
February 28, 2018 was 30 units. That is 1 above
the number of homes sold last month in Hoffman
Estates. The average price per square foot in the
area is now 110/Sq.Ft, which is 9 an increase
from last month.
4
In Hoffman Estates there were 9 units sold in
February in the price range between 82,500
155,923 with an average of 2 bedrooms and 1.1
bathrooms and average Square footage of 971SF. In
Hoffman Estates there were 15 units sold in
February in the price range between 155,924
339,672 with an average of 3 bedrooms and 1.8
bathrooms and average Square footage of
1,506SF. In Hoffman Estates there were 6 units
sold in February in the price range between
339,673 450,000 with an average of 4.2
bedrooms and 2.8 bathrooms and average Square
footage of 3,274SF. The low price range had the
most activity. Homes up to 155,923 were on the
market on average 46 days and sold an average of
113,655.
5
If you are looking for a new home for you and
your family, or looking for an investment
property, you cant go wrong by getting a prime
piece of real estate in Hoffman Estates. Search
all Hoffman Estates homes for Sale on propertyup.c
omIf you are considering viewing Hoffman Estates,
you may want to do so now!
6
(No Transcript)
7
(No Transcript)
8
John Herman Property Up Inc. Call 847-847-4711 18
-5 E Dundee Rd, Suite 200 Barrington, IL 60010