Hanover Park, IL

The table below lists all of the single family detached and single family attached homes currently on the market in Hanover Park, IL The data lists available homes by price range with average time on market in each range.

Included in this list are many Foreclosures and Short Sale properties. Contact us for information on how to process.

Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria.

Active Listings

List Price Range # Listings Avg. Days on Mkt Less than $49,999 7 154 $50,000 - $99,999 51 179 $100,000 - $149,999 60 182 $150,000 - $199,999 46 169 $200,000 - $249,999 23 212 $250,000 - $299,999 6 347

Active Listings Summary

# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 193 186 $129,900 $136,940 $299,500 $34,900 $26,429,405

Positive Signs continue in our Northwest Suburban Real Estate Market for the 8th consecutive month. We are moving ahead with recovery here and sales have successfully reached above the 2010 level of closings. For November, Hanover Park Single Family Homes have now reached the number of 2010 closings and Hanover Park Multi-Family are down 31% over 2010.

For Hanover Park there are still no price gains calculated with foreclosures still leading the way in current sales. What is promising is that in a few different surrounding markets the average sales prices are now stabilizing. If all goes well, our next trend will be for prices to finally level off and slight increases to begin in our area. I should point out that how much inventory we have going into winter is very important and we currently are holding near 8 months supply. We are at a dangerous teetering point here where we can continue to move ahead or have a stall out and slowdown that will continue through our winter.

My summary shows painfully slow growth and sales have been erratic at best at the beginning and again for the end of this year.

Hanover Park Home supply declined (yipee) for November at 4.5 months from October's 7 months. Homes under contract was 16.2% of inventory which is excellent and above surrounding area sales.

The median sales price is now $100,000 from $124,900 just the month before showing that the absolute lower end homes are selling first.

Looking for an agent that knows this fluctuating market? Give me a call to discuss your housing situation and needs.

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In the table below lists all of the single family detached and single family attached homes currently on the market in Hanover Park, IL The data lists available homes by price range with average time on market in each range.

Included in this list are many Foreclosures and Short Sales.

Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria.

Active Listings

List Price Range # Listings Avg. Days on Mkt Less than $49,999 11 136 $50,000 - $99,999 43 166 $100,000 - $149,999 66 184 $150,000 - $199,999 59 173 $200,000 - $249,999 28 182 $250,000 - $299,999 7 266

Active Listings Summary

# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 214 177 $139,900 $141,929 $299,500 $30,000 $30,372,718

Bruno's Pro Bone O Pet Pantry

Even pets need help in this economy and I've come across Bruno's that does just that. Need help so your pets will have food?

Bruno's Pro Bone O Pet Pantry is dedicated to temporarily providing free pet food for the dogs and cats of low income, elderly and disabled people who find themselves in an unexpected crisis. Bruno's Pantry operates in select areas of Kane and DuPage Counties in Illinois. They are able to accomplish this goal by soliciting for and collecting pet food through a network of agencies, programs and the generosity of the community they serve. Their mission is to ensure that pets are not forgotten or abandoned during financial hardship and can remain in their home and with their family, thereby improving the quality of life for both pets and their owners.

You must fill out an application that shows your financial need. You must also agree to their guidelines.

Food will be delivered to you once a month after eligibility.

Donations are also gladly accepted, please see their site.

The office of Fred Crespo invites you to a town hall meeting that will be hosted at the Hanover Park Village Hall on Wednesday, November 16^th at 6:00 PM.

This town hall meeting will include a general overview of the past legislative session, discussion about the fall veto session, state and local issues, as well as a question and answer session for members of the audience.

Mayor Rodney Craig and representatives from the Metropolitan Water Reclamation District of Greater Chicago will also be in attendance, so this is a unique opportunity to meet with several elected officials at once to ask questions about local and state affairs.

This event will take place in room 214 of the Hanover Park Village Hall, at 2121 West Lake Street.

To RSVP or for more information, please contact Fred Crespo's Office at 630-372-3340.