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Bartlett, IL

Bartlett Illinois Homes - Townhome Market Update June 2009 - Lyn Sims (847)230-7324

Lyn Sims and the Blog Dog: Real Estate Agent in Bartlett, IL

Market Update by Price Range - April, May, June 2009

Diligently trying to keep both buyers and sellers informed on the local Bartlett Illinois housing market has bartlett IL homes,Bartlett illinoisbeen my goal for many years. This market update gives you the number of homes that have sold by price range so you get a feel for the current sales activity. Which is up by the way - but not by much!

15% over the last quarter!

Is it the $8000 Tax Credit? Is it the lower interest rates? Or maybe just great values in the area?

How can you use this information if you are a buyer? The price range that you are thinking of purchasing in, is it one of the more active price areas of the market? It would be telling you that there are a lot of other buyers also in your price range all looking for that 'deal!'

How can this information help you if you are a seller? If you are planning on selling your home soon, you can see which price ranges are the most active. Clearly the price range above $300,000 has been non-existent and rarely sales have occurred. You might have to plan accordingly for extra market time. As a seller, you have to be sure that your home's curb appeal and presentation is ‘spot on’ in a market like this. Possibly some extra updates and staging might be required before you put your home on the market. Do you know what the average market time is for your price range?

For the Bartlett Multi-Family Home Sales from April to June 30th, 2009 you can clearly see that over 84% of the closed sales have been under the $150,000 price range. The lowest sales price was $67,500 and the highest sales price was $275,000.

Bartlett IL Townhomes, Condos,

But what about all the foreclosures Lyn? Of those 20 total sales only 5 were foreclosures and 3 were short sales. Most of those foreclosures were under the $150,000 price.

Looking for a market expert to help you sell your home in the area?


Looking for a great home in the area?


Blog Dog,lyn sims,
Lyn Sims (847)230-7324 at
RE/MAX Suburban



The 'Blog Dog' gives market 'pawspective'.





This darn dog and I proudly sell real estate in the Northwest Suburbs of Chicago. If you are thinking about purchasing or selling your home in the communities of Bartlett, Elk Grove Village, Hoffman Estates, Schaumburg, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.


Sources and credits: MRED MLS, my little calculator and golf pencil.


Disclaimer: All data and information provided on this blog is for informational purposes only. Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.

Bartlett IL Homes - Multi-family Market Update by Price Range June 2009 ©2009 TheBlogDog.net and Lyn Sims

Bartlett Real Estate Market Conditions

Dennis Toomey: Real Estate Agent in Schaumburg, IL

Bartlett Real Estate

Dennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends. Below, at the end of the page you will find Bartlett real estate statistics for the last 12 months as of July 3, 2009.

To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active


If you would like a free list of homes for sale in this area/neighborhood or would like more information about Bartlett, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&page=search&selected=qck&mode=N&acc=32722&s=active


Dennis Toomey

RE/MAX Territory

847-338-0180

http://www.housebyzip.com/

dtoomey@remax.net

Bartlett Real Estate Market Conditions

Market Statistics CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed, Expired Property Type: Detached Single, Attached Single Area: Bartlett Months Back: 12 Months
Active Listings
Detached Single
Bedrooms # Active Avg. LP Avg. MT
All 271 $352,777 196
2 or Less 5 $215,220 129
3 106 $279,946 195
4 137 $395,125 203
5 or More 23 $466,091 178
Attached Single
Bedrooms # Active Avg. LP Avg. MT
All 170 $224,810 180
2 or Less 115 $211,020 177
3 53 $252,775 187
4 2 $276,700 205
Off-Market Listings
Detached Single
Bedrooms # Sold % Sold Avg OLP Avg LP (Sold) Avg SP SP:LP Ratio SP:OLP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd
All 212 63% $342,012 $314,558 $299,568 95% 88% 154 $355,569 34%
2 or Less 1 100% $199,000 $199,000 $189,000 95% 95% 55 0%
3 100 66% $284,522 $265,972 $253,650 95% 89% 127 $285,456 32%
4 106 62% $393,630 $359,686 $342,212 95% 87% 182 $401,504 35%
5 or More 5 36% $426,104 $352,660 $336,000 95% 79% 99 $434,022 64%
Attached Single
Bedrooms # Sold % Sold Avg OLP Avg LP (Sold) Avg SP SP:LP Ratio SP:OLP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd
All 87 54% $233,675 $210,640 $198,839 94% 85% 129 $249,989 43%
2 or Less 59 60% $214,702 $193,952 $183,540 95% 85% 105 $223,612 37%
3 27 44% $276,386 $247,875 $233,154 94% 84% 169 $279,380 53%
4 1 100% $199,900 $189,900 $175,000 92% 88% 447 0%

Bartlett Real Estate Market Conditions

Dennis Toomey: Real Estate Agent in Schaumburg, IL

Bartlett Real Estate

Dennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends. Below, at the end of the page you will find Bartlett real estate statistics for the last 12 months as of June 19, 2009.

To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active


If you would like a free list of homes for sale in this area/neighborhood or would like more information about Bartlett, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&page=search&selected=qck&mode=N&acc=32722&s=active


Dennis Toomey

RE/MAX Territory

847-338-0180

http://www.housebyzip.com/

dtoomey@remax.net

Bartlett Real Estate Market Conditions

Market Statistics CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed, Expired Area: Bartlett Property Type: Detached Single, Attached Single Months Back: 12 Months
Active Listings
Detached Single
Bedrooms # Active Avg. LP Avg. MT
All 280 $352,497 198
2 or Less 5 $219,220 115
3 109 $278,826 189
4 143 $394,468 210
5 or More 23 $469,652 180
Attached Single
Bedrooms # Active Avg. LP Avg. MT
All 175 $225,021 181
2 or Less 120 $213,659 172
3 54 $249,716 198
4 1 $254,900 393
Off-Market Listings
Detached Single
Bedrooms # Sold % Sold Avg LP (Sold) Avg SP SP:LP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd
All 218 64% $317,355 $302,495 95% 152 $361,491 34%
2 or Less 1 100% $199,000 $189,000 95% 55 0%
3 104 68% $269,033 $256,926 95% 136 $290,155 31%
4 105 61% $361,098 $343,615 95% 168 $404,562 35%
5 or More 8 47% $386,213 $369,375 96% 150 $434,022 53%
Attached Single
Bedrooms # Sold % Sold Avg LP (Sold) Avg SP SP:LP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd
All 83 52% $214,337 $202,717 95% 122 $245,297 44%
2 or Less 55 56% $197,786 $187,861 95% 94 $219,759 39%
3 27 45% $248,957 $234,005 94% 168 $279,348 53%
4 1 100% $189,900 $175,000 92% 447 0%

Bartlett Illinois - $8000 Buyer Tax Credit

Lyn Sims and the Blog Dog: Real Estate Agent in Bartlett, IL
Bartlett Illinois
Blog Dog,Lyn Sims


Blog Dog,lyn sims,
Lyn Sims (847)230-7324 at RE/MAX Suburban


The 'Blog Dog' knows Bartlett!









This darn dog and I proudly sell real estate in the Northwest Suburbs of Chicago. If you are thinking about purchasing or selling your home in the communities of Bartlett, Elk Grove Village, Hoffman Estates, Schaumburg, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.




Disclaimer: All data and information provided on this blog is for informational purposes only. Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.


First time Homebuyer Tax Credit - June 2009 ©2009 TheBlogDog.net and Lyn Sims

Hanover Township Assessor - Long Time Occupant Exemption

Lyn Sims and the Blog Dog: Real Estate Agent in Bartlett, IL

LONG-TIME OCCUPANT HOMEOWNER EXEMPTION FOR COOK COUNTY

New exemption will allow homeowners residing in their homes 10 years or more to receive additional tax Hanover Township Assessorrelief if the following requirements are met:

  • Homeowner with a total household income of $75,000 or below will have an increase limited to 7% over the prior year’s taxable value, with no maximum exemption amount.
  • Homeowner with a total household income greater than $75,000, but not exceeding $100,000 will have an increase limited to 10% over the prior year’s taxable value, with no maximum exemption amount.

So an example would be: Your taxes are $3500 per year - the most they could increase would be $245 and you would have to make less than $75,000 per year.

So an example would be: Your taxes are $3500 per year - your income is above $75,000 but below $100,000 your taxes could only increase $350 per year.

Please note the Long-Time Occupant Exemption cannot be received with the 7% Expanded Homeowner Exemption (in layman's terms, this is the regular homeowners exemption that one receives) or the Senior Freeze Exemption. The most beneficial exemption (the one that takes off the most amount of money) will be applied to the property.

If you would like additional information regarding this new exemption or any other exemption, please go to www.cookcountyassessor.com or your local assessor's office for a thorough explanation.

Be sure that you are applying for your exemptions so that you only pay what is necessary every year!

Be vigilant! The county is not making this information readily available to all that need to know!

Exemption Forms

Long-time Occupant Homestead Exemption (LOHE) – Cook County Only
Public Act 95-644 that passed into law in 2007 created a new homestead exemption for counties that are subject to the AGHE (currently only in Cook County). The new exemption is in effect in Cook County beginning with 2007 tax year for residential property that is occupied as a primary residence for a continuous period by a qualified taxpayer with a total household income of $100,000 or less. The property must be occupied for 10 continuous years or 5 continuous years if the person receives assistance to acquire the property as part of a government or non-profit housing program. This exemption limits EAV increases to a specific annual percentage increase that is based on the total household income of $100,000 or less. A total household income of $75,000 or less is limited to a 7% annual percentage increase in EAV or a total household income of over $75,000 to $100,000 is limited to a 10% annual percentage increase in EAV. The minimum limit is the same amount calculated for the GHE with no maximum limit amount for the exemption. Properties cannot receive both the LOHE and the AGHE, GHE or SCAFHE. Properties that qualify for the SCAFHE will receive the same amount calculated for the GHE. For information and to apply contact the Cook County Assessor's Office.


Blog Dog,Lyn Sims


Blog Dog,lyn sims,
Lyn Sims (847)230-7324 at RE/MAX Suburban


The 'Blog Dog' wants to be sure you file for your exemption!









This darn dog and I proudly sell real estate in the Northwest Suburbs of Chicago. If you are thinking about purchasing or selling your home in the communities of Bartlett, Elk Grove Village, Hoffman Estates, Schaumburg, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.


Sources and credits: Cook County Assessor

Disclaimer: All data and information provided on this blog is for informational purposes only. Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.



Hanover Township Assessor ©2009 TheBlogDog.net and Lyn Sims