Hanover Park, IL Real Estate News

By Rick and Lynn Orze, Carol Stream, IL RE/MAX All Pro
(RE/MAX All Pro)
It is very easy to get caught up in the hustle and bustle of holiday shopping and the doom and gloom of the real estate media reports. We are here to share some very positive and encouraging real estate market statistics with you.The Hanover Park real estate market and Hanover Park homes for sale have had some great activity last week. 8 Hanover Park homes went under contract last week alone. In the neighboring Bartlett real estate market, 7 homes went under contract and in the Carol Stream real estate market 11 homes went under contract. All of this activity happened last week.Here is the Hanover Park real estate statistics for the week December 3 through December 9, 2007. These numbers include ALL SINGLE FAMILY HOMES FOR SALE and ATTACHED HOUSING FOR SALE including Townhouses, Condos ...
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By Rick and Lynn Orze, Carol Stream, IL RE/MAX All Pro
(RE/MAX All Pro)
The holiday shopping season is in full swing. People are even out shopping for new homes. We have seen more increases in activity over the last few weeks. Interests are great. Have you talked to a mortgage lender lately? There are many different lending programs out there to consider. Which one do you qualify for. Talk to an experience professional to help you find the right loan for you.Let's take a look at homes for sale in Hanover Park and the Hanover Park real estate market activity for the year-to-date.Here is a chart of ACTIVE (Single Family)  LISTINGS in Hanover Park and the MARKET TIMES (In days):There are a total of 178 single family homes for sale in Hanover Park with an average marketing time of 153 days. Here is how it is broken down into number of bedrooms and average listi...
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By Greg Wilson
(1st Cornerstone Realty)
Are you buying, selling, or just curious about the real estate market? Check out my weekly market report on the local housing market. Don't make the mistake of not understanding market conditions when buying or selling a home. Take a look and the report for the current market and start understanding housing market in your area.
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
BUYING A HOME SOON? You want to find the best home or property for your needs and to make the wisest investment possible. Lyn Sims understands the importance of this major purchase to you and has the essential knowledge to ensure your buying experience is a smooth and successful one!Here's a dozen reasons why Lyn Sims can help:Determine your buying power and criteria. Research available properties in your market via many resources such as the Multiple Listing Service (MLS) and a broad network of REALTORS - even if you are locating to another city. WE HAVE ALL THE PROPERTIES LISTED FOR SALE IN ONE PLACE - THE MLS!  No need to go jumping around from site to site to find a home. (START MY SEARCH NOW) Show you properties that meet your specific criteria. Give you objective information about...
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By Rick and Lynn Orze, Carol Stream, IL RE/MAX All Pro
(RE/MAX All Pro)
This was a busy weekend for a lot of people. It was the kick off to the holiday festivities. Holiday decorating, holiday shopping and holiday eating!The Hanover Park real estate market has continued to be strong overall. This week's numbers show a little bit of a slow down which we believe to be a result of the holiday shopping weekend. Overall thought, we have seen a pick up in showing activity this week. Hopefully people are beginning to realize that this is a great time to buy a home! Here is the Hanover Park real estate statistics for the week November 19 through November 25, 2007. These numbers include ALL SINGLE FAMILY HOMES FOR SALE and ATTACHED HOUSING FOR SALE including Townhouses, Condos and Duplexes. SINGLE FAMILY HOMES1      NEW0      PRICE CHANGES4      CONTINGENT/PENDING1 ...
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By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Looking for a townhome, condo, quad in the Hanover Park IL area?   This is a great time to get your first home, move to a smaller home, or move to a larger home.  Interest rates are stable and recently lowered despite all the media hype and is available to all with fairly decent credit.  In fact, I do still have 100% financing if that is your requirement!  These are the current market numbers and availability for Multi-family or attached homes in Hanover Park.   The best selections are in the $150,000 to $200,000 range and we've got great larger executive styled homes for price ranges above that!  The median listing price for Hanover Park is $173,500.  Some "handyman specials" and "fixer uppers" are available for buyers trying to get "instant equity" in the market by doing the work them...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
 The table below lists all of the currently active single family detached and single family attached homes in Hanover Park, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices. For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.   Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 42 149 $150,000 - $199,999 116 135 $200,000 - $249,999 108 134 $250,000 - $299,999 75 171 $300,000 - $349,999 14 147 $350,000 - $399,999 7 148 $400,000 - $449,999 1 10 $450,000 - $499,999 1 87 $500,000 - $549,999 1 124 $600,000 - $699,999 2 174    Active Listings Summary # Units Avg. ...
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By Rick and Lynn Orze, Carol Stream, IL RE/MAX All Pro
(RE/MAX All Pro)
We have plenty to be thankful for! The Hanover Park real estate market has done well for it self this year considering all the reports about how bad things are. We have spent many months reporting each week on the market activity. If you really compared the actually numbers to the "media reports" you will see that in our area, things really are not that bad.Despite the doom and gloom the media tries to portray, Hanover Park real estate is doing better than the "national averages." Each market is very different. Get information from your own individual market and draw up your own conclusions. You might be pleasantly surprised at how our market is really doing.Our goal is to always provide up to date information about the Hanover Park real estate market. It is important to know about the ...
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By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Looking for a home in the Hanover Park area?   This is a great time to get your first home, move to a smaller home, or move to a larger home.  Interest rates are stable and recently lowered despite all the media hype and is available to all with fairly decent credit.  In fact, I do still have 100% financing if that is your requirement!  These are the current market numbers and availability for single family homes in Hanover Park IL.  Lots of great selections below the $250,000 range and we've got great custom construction for price ranges above that!  The median listing price for Hanover Park is $249,900.  Some "handyman specials" and "fixer uppers" are available for buyers trying to get instant equity in the market by doing the work themselves!To search for homes currently available in...
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By Greg Wilson
(1st Cornerstone Realty)
Area Market Survey CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed Property Type: Detached Single, Attached Single Area: Hanover Park Months Back: All Months Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 41 143 $150,000 - $199,999 115 129 $200,000 - $249,999 110 131 $250,000 - $299,999 85 173 $300,000 - $349,999 13 139 $350,000 - $399,999 8 144 $400,000 - $449,999 1 6 $450,000 - $499,999 1 83 $500,000 - $549,999 1 120 $600,000 - $699,999 2 170 Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 377 141 $219,900 $223,638 $679,000 $109,900 $84,311,416 Sold Properties Sold Price Range # Listings Avg. Days on Mkt Less tha...
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By Rick and Lynn Orze, Carol Stream, IL RE/MAX All Pro
(RE/MAX All Pro)
The Hanover Park real estate market has seen much activity this week. Contrary to what the media is saying, this is a great time to buy a home. This is the kind of market buyers only wish for. There are a lot of homes for sale. Sellers are fixing up their homes with upgrades and updates. The art of negotiating is in full swing. Both sides are coming to compromises. Interest rates are still at all time lows. Make sure you call a mortgage lender to see what programs and interest rates you qualify for.Our goal is to always provide up to date information about the Hanover Park real estate market. It is important to know about the Hanover Park homes for sale and Hanover Park properties to sale. After all, the best decision you can make is a well informed decision.Here is the Hanover Park rea...
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By Rick and Lynn Orze, Carol Stream, IL RE/MAX All Pro
(RE/MAX All Pro)
What is the Hanover Park real estate market like? While most people talk of doom and gloom when real estate is the topic, the Chicago suburbs are better than the rest of the nation. What a great time to buy a new home. This is the kind of market buyers could only dream of. They get to pick from a wide variety of homes, sellers are willing to work on their price and interest rates are really good!Here is a chart of ACTIVE (Single Family)  LISTINGS in Hanover Park and the MARKET TIMES (In days):There are a total of 180 single family homes for sale in Hanover Park with an average marketing time of 158 days. Here is how it is broken down into number of bedrooms and average listing prices...# Bedrooms               #Active                      Average List Price        Average Market Time2  ...
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By Rick and Lynn Orze, Carol Stream, IL RE/MAX All Pro
(RE/MAX All Pro)
Well... Fall is upon us and so too is the colder weather. The holidays are coming and typically the Hanover Park real estate market tends to slow down. Seller need to know that although you will have few showings, the people that are out there looking are very serious buyers. With the holiday season an already busy time of year, most buyers that are adding buying a home to the mix are usually moving because they have to. Whether it is because of a divorce, job transfer or they had a home to sell and it finally sold, people are still looking!Our goal is to always provide up to date information about the Hanover Park real estate market. It is important to know about the Hanover Park homes for sale and Hanover Park properties to sale.Here is the Hanover Park real estate statistics for the ...
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By Rick and Lynn Orze, Carol Stream, IL RE/MAX All Pro
(RE/MAX All Pro)
What a fun time a year for all the kids! Getting dressed up in their costumes and getting all kinds of candy. Oh to be that age again!The Hanover Park real estate market has done some price adjusting this week. Here are the numbers for the activity for the week. Our goal is to always provide up to date information about the Hanover Park real estate market. It is important to know about the Hanover Park homes for sale and Hanover Park properties to sale.Here is the Hanover Park real estate statistics for the week October 22 through October 28, 2007. These numbers include ALL SINGLE FAMILY HOMES FOR SALE and ATTACHED HOUSING FOR SALE including Townhouses, Condos and Duplexes. SINGLE FAMILY HOMES9      NEW12    PRICE CHANGES1      CONTINGENT/PENDING3      CLOSEDATTACHED HOUSING (TOWNHOUSES...
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By Rick and Lynn Orze, Carol Stream, IL RE/MAX All Pro
(RE/MAX All Pro)
Has not really seemed like fall around here. The weather here in Illinois has been more like August than October. The weather gods say this week is going to be more like autumn weather.The Hanover Park real estate market has had some activity this week. Our goal is to always provide up to date information about the Hanover Park real estate market. It is important to know about the Hanover Park homes for sale and Hanover Park properties to sale.Here is the Hanover Park real estate statistics for the week October 15 through October 21, 2007. These numbers include ALL SINGLE FAMILY HOMES FOR SALE and ATTACHED HOUSING FOR SALE including Townhouses, Condos and Duplexes.  SINGLE FAMILY HOMES5      NEW7      PRICE CHANGES1      CONTINGENT/PENDING6      CLOSEDATTACHED HOUSING (TOWNHOUSES, CONDO...
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By Greg Wilson
(1st Cornerstone Realty)
Area Market Survey CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed Property Type: Detached Single, Attached Single Area: Hanover Park Months Back: All Months Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 39 138 $150,000 - $199,999 114 125 $200,000 - $249,999 104 128 $250,000 - $299,999 90 164 $300,000 - $349,999 22 142 $350,000 - $399,999 8 144 $450,000 - $499,999 1 55 $500,000 - $549,999 1 92 $600,000 - $699,999 2 142 Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 381 138 $227,900 $227,176 $679,000 $1,700 $86,554,005 Sold Properties Sold Price Range # Listings Avg. Days on Mkt Less than $149,999 275 88 $150,000 ...
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By Rick and Lynn Orze, Carol Stream, IL RE/MAX All Pro
(RE/MAX All Pro)
Time to get those pumpkins. Indian corn and cornstalks. Don't forget those hardy fall mums too.The Hanover Park real estate market has had steady activity. Showings generally slow down at this time of year however, you will have more serious buyers looking at this time of the year.Sellers still need to be very meticulous about their homes to enhance their marketability and stand out from all the other homes for sale. Hire a real estate professional to give you tips on "getting your home ready" to be put on the market. Make sure you understand what your competition is and what the market conditions are in your area. This will help you and your REALTOR come up with a marketable listing price and hopefully a timely offer. Our goal is to always provide up to date information about the Hanov...
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By Rick and Lynn Orze, Carol Stream, IL RE/MAX All Pro
(RE/MAX All Pro)
Who doesn't enjoy the fall colors and the crisp cool weather? Enjoying a Sunday afternoon watching your favorite football team. Sitting by the fireplace on a crisp chilly night.The Hanover Park real estate market has had some activity this week. We have all had to stay patient during this market. There is a large amount of inventory which means sellers have to be very meticulous about their homes to enhance their marketability and stand out from all the other homes for sale. Hire a real estate professional to give you tips on "getting your home ready" to be put on the market. Make sure you understand what your competition is and what the market conditions are in your area. This will help you and your REALTOR come up with a marketable listing price and hopefully a timely offer.Our goal i...
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By Greg Wilson
(1st Cornerstone Realty)
Area Market Survey CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed Property Type: Detached Single, Attached Single Area: Hanover Park Months Back: All Months Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 37 128 $150,000 - $199,999 112 116 $200,000 - $249,999 104 130 $250,000 - $299,999 100 155 $300,000 - $349,999 23 128 $350,000 - $399,999 8 130 $450,000 - $499,999 1 41 $500,000 - $549,999 1 78 $600,000 - $699,999 1 224 $700,000 - $799,999 1 31 Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 388 132 $229,900 $229,627 $739,000 $119,800 $89,095,193 Sold Properties Sold Price Range # Listings Avg. Days on Mkt Less th...
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By Rick and Lynn Orze, Carol Stream, IL RE/MAX All Pro
(RE/MAX All Pro)
Our goal is to always provide up to date information about the Hanover Park real estate market. It is important to know about the Hanover Park homes for sale and Hanover Park properties to sale.Sellers need to stay in touch with what their competition is and how they can stand out from the other homes on the market. Seek the advice of a professional real estate agent to give you "tips on getting your home ready". Be sure your agent has an aggressive marketing plan to get you the exposure you need to get your home sold. This is a great time to buy a home!! When you talk to a mortgage lender...they can tell you that interests rates are very good! There is a large supply of homes to choose from which is most buyers dream to have more than one to look at and because of the large supply, se...
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