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 been 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!

60% 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 Single Family Home Sales from April to June 30th, 2009 you can clearly see that over 57% of the closed sales have been under the $300,000 price range. The lowest sales price was $148,000 and the highest sales price was $620,000.

What about foreclosures Lyn? Of those 57 total sales only 7 were foreclosures and 6 were short sales. Most of those foreclosures were under the $200,000 price.

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

Looking for a great home in the area?

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 Market Update by Price Range June 2009 ©2009 TheBlogDog.net and Lyn Sims

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 been 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.

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?



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

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

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%

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