Hoffman Estates Real Estate Market Update October 2018

1
Hoffman Estates Real Estate Market Update October
2018
2
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 5.73 months supply of
inventory on the market in Hoffman Estates on
October 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 28 days.It took on
average 26 days to sell Hoffman Estates Condo,
Townhouse or a Duplex.The number of home sales
in Hoffman Estates from September 1, 2018 through
September 30, 2018 was 64 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 133/Sq.Ft, which is 16 a decline
from last month.
4
In Hoffman Estates there were 15 units sold in
September in the price range between 68,000
174,557 with an average of 2.1 bedrooms and 1.3
bathrooms and average Square footage of
1,180SF. In Hoffman Estates there were 44 units
sold in September in the price range between
174,558 488,536 with an average of 3.4
bedrooms and 2.1 bathrooms and average Square
footage of 1,910SF. In Hoffman Estates there were
5 units sold in September in the price range
between 488,537 695,960 with an average of
4.4 bedrooms and 3.3 bathrooms and average Square
footage of 3,807SF. The low price range had the
most activity. Homes up to 174,557 were on the
market on average 33 days and sold an average of
128,740.
5
(No Transcript)
6
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!
7
(No Transcript)
8

• John Herman
• Property Up Inc.
• Call 847-847-4711
• 18-5 E Dundee Rd, Suite 200
• Barrington, IL 60010