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Hoffman Estates, IL Real Estate News

By Lyn Sims, Real Estate Broker Retired
Real Estate Market Update in Hoffman Estates - March 2019What are Prices Doing?  Average sales price ($339,900) an increase of 2.7% from March 2018.  Remember that every Hoffman Estates subdivision is responding & recovering differently if and 'when' a home in the area goes on the market. Sellers are now pretty happy with prices or have decided that now is a good time to move. How about you? Are you thinking of moving?With our overall amount of inventory we are still in a sellers market. Inventory has actually increased from 2018 slightly in Hoffman Estates. Homes actually closing is down from 2018 by 33%.Homes going under contract decreased over 2018 by 6% just because there isn't a good enough supply or the home and buyer are not a good match. Market time for homes going under contrac...
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By Marco Amidei
(RE/MAX Suburban )
Amber Meadows, Hoffman Estates, Illinois - April 2018 About Amber Meadows Amber Meadows is a single family home subdivision built starting in 2018 by CalAtlantic Homes. Amber Meadows is conveniently located close to I-90, shopping, dining, parks, forest preserves and more. Amber Meadows is located in Hoffman Estates, Illinois north of Shoe Factory Road and east of Essex Drive. Average taxes in Amber Meadows $0 Average association fees in Amber Meadows $36 ($36 - $36) Average home size in Amber Meadows 2,465 ft2 Average lot size in Amber Meadows 0.00 acres Average year built in Amber Meadows 2017 Homes for sale in Amber Meadows Address Beds Baths Built Price 1755 Newberry Ln. 3 2 2018 $377,990 1736 Newberry Ln. 3 2 2018 $339,990 1772 Newberry Ln. 4 2.1 2018 $378,990 5841 Fairview Ln. 4 ...
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This interactive graph gives the monthly average market time from January 2016 to 2018 for Hoffman Estates IL Townhomes & Condos only.  For the year of 2017, Hoffman Estates home owners have seen a distinct decline in days on the market from 64 to 49 at years end.These numbers are averages and if you are looking for specific information regarding the pricing of your home currently, please contact me for a no obligation market evaluation and consultation.   Hoffman Estates Townhome & Condo Average Prices Hoffman Estates Home Average Prices Hoffman Estates Home Average Market Times  
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This interactive graph gives the monthly average sales prices from January 2015 to March 2018 for Hoffman Estates IL Townhomes & Condos only. For the year of 2017, Hoffman Estates owners have seen an increase in average sales prices from $155,000 to $163,000. These numbers are averages for all sales and if you are looking for specific information regarding the pricing of your home currently, please contact me for a no obligation market evaluation and consultation.   Hoffman Estates Home Average Days on Market Hoffman Estates Home Average Sales PricesHoffman Estates Townhomes/Condos Average Days on Market
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By Lyn Sims, Real Estate Broker Retired
This interactive graph gives the monthly average market time from January 2015 to March 2018 for Hoffman Estates IL Single Family Homes only.  For the year of 2017, Hoffman Estates home owners have seen a distinct decline in days on the market from 72 to 62 at years end.These numbers are averages and if you are looking for specific information regarding the pricing of your home currently, please contact me for a no obligation market evaluation and consultation.    Hoffman Estates Home Average Sales Prices Hoffman Estates Townhomes/Condos Average Sales Hoffman Estates Townhomes/Condos Average Days on Market 
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By Lyn Sims, Real Estate Broker Retired
This interactive graph gives the monthly average sales prices from January 2015 to March 2018 for Hoffman Estates IL Single Family Homes only. For the year of 2017, Hoffman Estates home owners have seen an increase in average sales prices from $300,000 to $316,200.  These numbers are averages for all sales and if you are looking for specific information regarding the pricing of your home currently, please contact me for a no obligation market evaluation and consultation.  Hoffman Estates Home Average Days on MarketHoffman Estates Townhomes/Condos Average SalesHoffman Estates Townhomes/Condos Average Days on Market 
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By Lyn Sims, Real Estate Broker Retired
How's the first quarter 2018 for real estate in Hoffman Estates? The things that you will need to know if you are planning on selling is how is the market doing currently in Hoffman Estates. Here's a few graphs to help you get an idea. What is the percentage of homes that are going under contract each month in Hoffman Estates? This tells you if the market is flat, on the upswing or declining based on homes going under contract. It shows you the 'action' that buyers are taking in the market. What is Hoffman Estate's inventory level? This is told in the months of inventory level. The lower the level of homes on the market the better the market is for a seller. Currently we have been in a sellers market for quite some time. Inventory fluctuates per month and is usually the highest in the s...
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By Lyn Sims, Real Estate Broker Retired
Real Estate Market Update in Hoffman Estates - February 2018 What are Prices Doing?  Average sales price ($298,000) an increase of 2.7% from February 2017.  Remember that every subdivision is responding differently if and 'when' a home in the area goes on the market. Sellers are now pretty happy with prices or have decided that now is a good time to move.  Are you thinking of moving? With our overall amount of inventory we are in a sellers market. Inventory has actually increased from 2017 by 39%. This is unusual as the surrounding areas are having the opposite. Homes going under contract have decreased over 2017 by 11% just because there isn't a good enough supply or the home and buyer are not a good match .  Market time for homes going under contract is 87 days. This is definitely con...
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By Lyn Sims, Real Estate Broker Retired
Real Estate Market Update in Hoffman Estates - January 2018 So let me answer your real estate market questions -- What are Prices Doing?  Average sales price ($261,000) has actually declined 11% from January 2017.  Before you get upset please remember that every subdivision is responding differently if and 'when' a home in the area goes on the market. Sellers are now pretty happy with prices or have decided that now is a good time to move. How about you? With our overall amount of inventory we are in a sellers market. Inventory has increased 49% from 2017 overall.  I would definitely say that the market has had a stall-out with homes taking longer to sell.  The fastest market is never during the winter months. Homes going under contract have decreased over 2017 by 6%.  Market time for h...
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By Lyn Sims, Real Estate Broker Retired
First, you're going to need some general real estate market information on Hoffman Estates. What have prices been doing? How long is it going to take to sell? When's the best time if there is one? Let's start with Hoffman Estates prices and how the market overall has been doing. I've given you a graph that is interactive and will keep you continually updated on what prices will be doing. All you have to do is check back and see what's up. Voila .... mouse over the graph and there are the average selling prices in Hoffman Estates.  Next ... let's see how long (on the average) all this is going to take? Should you even bother with that transfer they've offered you?  Gosh, what if it takes too long then what will you do? Until I've formally sat down with you and toured your house I can onl...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Yorkshire Woods, Hoffman Estates Real EstateReal estate in Yorkshire Woods subdivision in Hoffman Estates, Illinois consists of homes built between 2005 and 2008. As of 01/16/2018, there are 3 homes on the market in Yorkshire Woods subdivision.Yorkshire Woods Homes for SaleWith 2 active, 1 contingent and no pending listings, the average list price of a property on the market in Yorkshire Woods is $515,000, with an average living area of 4,053 square feet. Highest priced house on the market located on Heron Way with 4 bedrooms, 3 full baths, one half bath and 4,513 sqft of living area is listed at $550,000. Lowest priced home located on Heron Way with 4 bedrooms, 3 full baths, 2 half baths and 3,823 sqft of living area is listed at $485,000.Buying or Selling a Property in Yorkshire Woods...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Winston Knolls, Hoffman Estates ILReal estate in Winston Knolls subdivision in Hoffman Estates, Illinois consists of detached single family homes built between 1969 and 1973. As of 01/12/2018, there are 5 homes on the market in Winston Knolls subdivision.Winston Knolls, Hoffman Estates Real Estate for SaleWith 1 active, 4 contingent and no pending listings, the average list price of a property on the market in Winston Knolls is $291,840, with an average living area of 1,651 square feet. Highest priced house on the market located on Hudson Dr with 4 bedrooms, 2 full baths and 1,900 sqft of living area is listed at $329,900. Lowest priced home located on Lexington Dr with 3 bedrooms, 2 full baths and 1,253 sqft of living area is listed at $260,000.Buying or Selling a Property in Winston K...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
White Oak Subdivision, Hoffman Estates ILReal estate in White Oak subdivision in Hoffman Estates, Illinois consists of detached single family homes built between 2003 and 2007. As of 01/11/2018, there are 3 homes on the market in White Oak subdivision.White Oak, Hoffman Estates Homes for SaleWith 2 active, 1 contingent and no pending listings, the average list price of a property on the market in White Oak is $373,000, with an average living area of 3,207 square feet. Highest priced house on the market located on Acorn Ct with 4 bedrooms, 2 full baths, one half bath and 3,240 sqft of living area is listed at $389,999. Lowest priced home located on Brentwood Dr with 5 bedrooms, 2 full baths, one half bath and 3,345 sqft of living area is listed at $360,000.Buying or Selling a Property in...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Stony Ridge, Hoffman Estates ILReal estate in Stony Ridge subdivision in Hoffman Estates, Illinois consists of detached single family homes built between 1974 and 1985. As of 01/10/2018, there are 2 homes on the market in Stony Ridge subdivision.Homes for Sale in Stony Ridge, Hoffman Estates ILWith 2 active, no contingent and no pending listings, the average list price of a property on the market in Stony Ridge is $412,400, with an average living area of 2,623 square feet. Highest priced house on the market located on W New Britton Dr with 4 bedrooms, 2 full baths, one half bath and 2,246 sqft of living area is listed at $424,900. Lowest priced home located on Crab Orchard Dr with 4 bedrooms, 3 full baths, one half bath and 3,000 sqft of living area is listed at $399,900.Buying or Selli...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Poplar Hills, Hoffman Estates Real EstateReal estate in Poplar Hills subdivision in Hoffman Estates, Illinois consists of detached single family homes built between 1977 and 1988. As of 01/09/2018, there are 2 homes on the market in Poplar Hills subdivision.Poplar Hills Homes for SaleWith no active, 2 contingent and no pending listings, the average list price of a property on the market in Poplar Hills is $373,950, with an average living area of 2,316 square feet. Highest priced house on the market located on Leather Leaf Ct with 4 bedrooms, 2 full baths, one half bath and 2,316 sqft of living area is listed at $425,000. Lowest priced home located on Dogwood Dr with 3 bedrooms, 2 full baths is listed at $322,900.Buying or Selling a Property in Poplar Hills?Interested in finding Real Est...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Parcel a, Hoffman Estates HomesReal estate in Parcel a subdivision in Hoffman Estates, Illinois consists of detached single family homes built between 1955 and 2016. As of 01/08/2018, there are 2 homes on the market in Parcel a subdivision.Parcel a Real Estate for SaleWith 1 active, 1 contingent and no pending listings, the average list price of a property on the market in Parcel a is $434,750, with an average living area of 2,450 square feet. Highest priced house on the market located on Basswood St with 3 bedrooms, 2 full baths, 2 half baths and 2,900 sqft of living area is listed at $545,000. Lowest priced home located on Azalea Ln with 3 bedrooms, 2 full baths, one half bath and 2,000 sqft of living area is listed at $324,500.Buying or Selling a Property in Parcel a?Interested in fi...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Ivy Ridge of Princeton Subdivision, Hoffman Estates ILReal estate in Ivy Ridge of Princeton subdivision in Hoffman Estates, Illinois consists of detached single family homes built between 2001 and 2002. As of 01/05/2018, there are 3 homes on the market in Ivy Ridge of Princeton subdivision.Ivy Ridge of Princeton, Hoffman Estates IL Real Estate for SaleWith 3 active, no contingent and no pending listings, the average list price of a property on the market in Ivy Ridge of Princeton is $333,333, with an average living area of 2,906 square feet. Highest priced house on the market located on Colchester Ave with 3 bedrooms, 2 full baths, one half bath and 3,067 sqft of living area is listed at $354,998. Lowest priced home located on Colchester Ct with 3 bedrooms, 2 full baths, one half bath a...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Hunters Ridge Subdivision, Hoffman Estates IllinoisReal estate in Hunters Ridge subdivision in Hoffman Estates, Illinois consists of detached single family homes built between 1993 and 2007. As of 01/04/2018, there are 7 homes on the market in Hunters Ridge subdivision.Homes for Sale in Hunters Ridge, Hoffman Estates ILWith 6 active, 1 contingent and no pending listings, the average list price of a property on the market in Hunters Ridge is $371,843, with an average living area of 3,237 square feet. Highest priced house on the market located on Caribou Ln with 5 bedrooms, 2 full baths, one half bath and 2,930 sqft of living area is listed at $439,900. Lowest priced home located on Mallard Ln with 4 bedrooms, 2 full baths, one half bath is listed at $259,000.Buying or Selling a Property ...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Hoffman Hills, Hoffman Estates Real EstateReal estate in Hoffman Hills subdivision in Hoffman Estates, Illinois consists of detached single family homes built between 1979 and 1988. As of 01/02/2018, there are 2 homes on the market in Hoffman Hills subdivision.Real Estate for Sale in Hoffman Hills, Hoffman EstatesWith 2 active, no contingent and no pending listings, the average list price of a property on the market in Hoffman Hills is $335,000, with an average living area of 1,958 square feet. Highest priced house on the market located on Wilmington Ln with 4 bedrooms, 2 full baths, one half bath and 2,000 sqft of living area is listed at $335,000. Lowest priced home located on Wilmington Ln with 4 bedrooms, 2 full baths, one half bath and 2,000 sqft of living area is listed at $335,00...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Highlands, Hoffman Estates IllinoisReal estate in Highlands subdivision in Hoffman Estates, Illinois consists of detached single family homes built between 1959 and 1983. As of 12/28/2017, there are 6 homes on the market in Highlands subdivision.Highlands, Hoffman Estates IL Homes for SaleWith 3 active, 3 contingent and no pending listings, the average list price of a property on the market in Highlands is $264,908, with an average living area of 1,432 square feet. Highest priced house on the market located on Cooper Rd with 4 bedrooms, 2 full baths and 1,940 sqft of living area is listed at $319,000. Lowest priced home located on Ashley Rd with 4 bedrooms, one full bath, one half bath and 1,263 sqft of living area is listed at $234,900.Buying or Selling a Property in Highlands?Interest...
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