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Northwest Chicago Suburbs Elk Grove Village IL, Multi-Family Homes, Townhomes, Manor Homes February 2008

Hoffman Estates IL homesThere is a large amount of inventory thruout the Chicago Northwest Suburban Market which includes the Elk Grove Village area.  SMART PEOPLE ARE BUYING REAL ESTATE NOW!  Sellers are hot to compete and make their home standout above their competition.  SO WHY NOT GET IN THE GAME?  This is a great time to get your first home, move to a smaller home or get that larger home of your dreams!  Prices have held from 4 to 5% of listing price over the last few months of 2007.  To some buyers 100% financing is still available with a decent credit score and history!

Here is a chart of ACTIVE Multi-family Homes in Elk Gove with the MARKET TIMES posted as "Average Days on the Market".   Multi-family homes consists of "condos, quads, manor homes, coach homes, townhomes".

There are currently 181 homes in various styles and types available with the Average Market Time of 218 days.  The median price is $164,800 and the highest price is $345,000

LYN SIMS  RE/MAX Subrban                                                                    2/11/08
  
Active Listings for Elk Grove Village IL
List Price Range# ListingsAvg. Days on Mkt
Less than $149,99978298
$150,000 - $199,99945197
$200,000 - $249,99926143
$250,000 - $299,99928105
$300,000 - $349,9994177
  
Active Listings Summary
# UnitsAvg. MTMedian List PriceAvg. List PriceMax. List PriceMin. List PriceTotal Volume
181218$164,800$179,084$345,000$102,900

As you can see the average pricing for the area is between $150,000 to $200,000 which makes Elk Grove a great affordable area.  To search for homes currently available in the Elk Grove Village IL area, please go directly to my MLS website at www.LynSims.net. 

If you are looking to find or sell a home in the Elk Grove Village IL area, please feel free to contact Lyn Sims of RE/MAX Suburban at 847-230-7324 or 800-637-9345.  I can provide you with information on many of the areas communities.

Contact me, I'm ready to buy or sell a home!

Schaumburg Area homes,Schaumburg IL real estate

Lyn Sims RE/MAX Suburban 847-230-7324 or 800-637-9345 Outside IL.

Northwest Suburbs of Chicago IL - Elk Grove Village, Schaumburg, Hoffman Estates, Medinah, Itasca, Roselle, Bloomingdale, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, Carol Stream and St. Charles areas.

   

 

Lyn Sims


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0 commentsLyn Sims - Northwest Suburbs • February 11 2008 05:05PM

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