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Hoffman Estates Real Estate Market Update October 2018
Posted: Nov 02, 2018
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.
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.
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.
If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Hoffman Estates. Search all Hoffman Estates homes for Sale on propertyup.comIf you are considering viewing Hoffman Estates, you may want to do so now!
Another Listing: Great family home with highly rated schools including fremd high school! so much space for everyone! 4 bedrooms, 2 bathrooms, separate living room, family room, formal dining room, eat-in kitchen, and sliders to the deck overlooking large fenced yard with storage shed and garden, corner lot and oversized 2-car garage. cozy brick wood-burning fireplace in the family room for cold winter nights. walk to grade school, willow rec center with library, skate park, dog park, playground equipment, tennis courts and basketball courts. minutes from harper community college. Easy commute to work. don't miss this opportunity to live in this wonderful neighborhood in this excellent location!
Gorgeous home, totally remodeled by professionals per code and approved by the city of hoffman estates. 3 bedrooms, 2 full baths, 1 car garage with brand new insulated garage door with opener, 2 transmitters and 3 cars driveway situated on no outlet street with very large fenced yard. All brand new hardwood floors in living and dining rooms. White maple kitchen cabinets with samsung stainless steel appliances, granite counter top back splash and ceramic tiles. Brand new carpet up stairs, all new 6 panel doors and bi-fold closet doors. Full finished basement with full bath, can lights and ceramic tiles. Laundry room with ceramic tiles new location & sump pump and battery backup. Close to all shopping, restaurants and wood field mall. Home warranty included!
Helping you make the right choices when it comes to all things property. Huge price reduction!!!lovely english cottage style ranch on beautifully wooded lot great location. Gated entry leads to charming walkway & welcoming porch.