Hoffman Estates Real Estate Market Update May 2018

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Hoffman Estates Real Estate Market Update May 2018
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Real Estate In Hoffman Estates is a balanced
market that favoring sellers. We still see plenty
of inventory, so plenty of bargains for the
buyers. There is a 5.21 months supply of
inventory on the market in Hoffman Estates on May
31, 2018.
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Now is the Time to Sell! The average market time
for a Single Family Homes to sell in Hoffman
Estates last month was 44 days.It took on
average 18 days to sell Hoffman Estates Condo,
Townhouse or a Duplex.The number of home sales
in Hoffman Estates from April 1, 2018 through
April 30, 2018 was 82 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 137/Sq.Ft, which is 4 an increase
from last month.
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In Hoffman Estates there were 15 units sold in
April in the price range between 71,000
178,607 with an average of 2.3 bedrooms and 1.4
bathrooms and average Square footage of
1,151SF. In Hoffman Estates there were 66 units
sold in April in the price range between 178,608
501,256 with an average of 3.6 bedrooms and
2.1 bathrooms and average Square footage of
2,101SF. In Hoffman Estates there were 1 units
sold in April in the price range between 501,257
716,300 with an average of 5 bedrooms and 3.1
bathrooms and average Square footage of
3,397SF. The low price range had the most
activity. Homes up to 178,607 were on the market
on average 20 days and sold an average of
127,200.
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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!
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John Herman Property Up Inc. Call 847-847-4711 18
-5 E Dundee Rd, Suite 200 Barrington, IL 60010