Despite all the negative media reports, the Hanover Park real estate market saw some steady growth throughout 2007. There is no denying that numbers are down from previous years however, it is not as bad as the media would lead you to believe.
Real estate markets are all local. Each one very different from the next. While one are may have no significant activity at all, another may have a steady, even flow of activity. Therefore, it would be unfair to base a decision of moving and not moving on these "national statistics" reported from the media.
Know what is going on in your specific market place. If you are a seller, your real estate agent should be keeping you aware of what your competition is. What are they priced at? How long have they been on the market? How do they compare in amenities and/or upgrades to you? Have they gone or are they under contract? These are all things they will help make the marketing and selling of your home less stressful and easier for you and your real estate agent.
Here are some statistics on available homes currently on the market and statistics on year to date home sales and market times.
Here is a chart of ACTIVE (Single Family) LISTINGS in HANOVER PARK and the MARKET TIMES (In days):
Bedrooms | # Active | Avg. LP | Avg. MT |
All | 154 | $255,393 | 167 |
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2 or Less | 2 | $239,900 | 165 |
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3 | 86 | $235,935 | 175 |
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4 | 58 | $276,896 | 158 |
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5 or More | 8 | $312,538 | 148 |
Here are the single family properties that have sold in Hanover Park since January 1, 2007 to December 31, 2007...
Bedrooms | # Sold | % Sold | Avg LP (Sold) | Avg SP | SP:LP Ratio | Avg MT (Sold) |
All | 185 | 100% | $246,571 | $239,228 | 97% | 128 |
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2 or Less | 7 | 100% | $204,543 | $198,114 | 97% | 91 |
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3 | 114 | 100% | $238,665 | $232,068 | 97% | 118 |
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4 | 56 | 100% | $263,659 | $254,802 | 97% | 146 |
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5 or More | 8 | 100% | $276,388 | $268,217 | 97% | 167 |
There has been a very positive increase in activity in the last 2 months of 2007. With that momentum, we think 2008 is going to be a great year!
The best decision you can make is a well informed and educated decision. We create value by providing you with all the information needed to make that educated decision!
Our goal is to always provide up to date information about the Hanover Park real estate market. It is important to know about the Hanover Park homes for sale and Hanover Park properties to sale.
If you would like more detailed information about:
Get a Community Report or a Neighborhood Valuation
Or if you are looking to find a home in the Bloomingdale, Hanover Park, Glendale Heights, Carol Stream, Dupage County area or Cook County area, please feel free to contact Rick and Lynn Orze at 630-339-4022. We would be happy to provide you with information on surrounding communities.
**INFORMATION SOURCE: MULTIPLE LISTING SERVICE OF NORTHERN ILLINOIS (MLSNI)
It is a new year with lots of new opportunities. The "spring real estate market" is just underway. It is a new market with new homes coming on the market. New prices and new focuses. With so many people now accepting the changes in the market, there are NEW BUYERS too!
Sellers should be aware of market conditions in their area. Market conditions are local so what may be happening in the next town over or the next state over may not have any bearing on the real estate market in you community. It takes more than just a sign in the ground and the MLS (Multiple Listing Service) to get your home sold. Make sure you hire a real estate agent with an aggressive marketing plan. 85% of people start their home search on the internet. Make sure your agent has the internet exposure needed to get the exposure that is going to reach those "internet shoppers."
Here are some statistics on available homes currently on the market and statistics on year to date home sales and market times.
Here is a chart of ACTIVE (Single Family) LISTINGS in BARTLETT and the MARKET TIMES (In days):
Bedrooms | # Active | Avg. LP | Avg. MT |
All | 206 | $401,089 | 171 |
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3 | 74 | $313,880 | 178 |
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4 | 121 | $446,172 | 163 |
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5 or More | 11 | $491,851 | 207 |
Here are the single family properties that have sold in Bartlett since January 1, 2007 to December 31, 2007...
Bedrooms | # Sold | % Sold | Avg LP (Sold) | Avg SP | SP:LP Ratio | Avg MT (Sold) |
All | 361 | 100% | $355,173 | $342,236 | 96% | 126 |
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2 or Less | 3 | 100% | $196,117 | $189,167 | 96% | 121 |
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3 | 170 | 100% | $301,455 | $292,416 | 97% | 104 |
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4 | 177 | 100% | $396,577 | $380,814 | 96% | 140 |
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5 or More | 11 | 100% | $562,497 | $533,165 | 95% | 232 |
Numbers may be down from past years but there is still steady activity. After all, there is no safer investment than a real estate investment. This market is best described as an "opportunity market." So if you are considering making a move whether it is buying or selling, take advantage of this "opportunity market" today!
The best decision you can make is a well informed and educated decision. We create value by providing you with all the information needed to make that educated decision!
Our goal is to always provide up to date information about the Bartlett real estate market. It is important to know about the Bartlett homes for sale and Bartlett properties to sale.
If you would like more detailed information about:
Get a Community Report or a Neighborhood Valuation
Or if you are looking to find a home in the Hanover Park, Carol Stream, Bloomingdale, West Chicago, Dupage County area or Cook County area please feel free to contact Rick and Lynn Orze of RE/MAX All Pro at 630-339-4022. We would be happy to provide you with information on surrounding communities.
**INFORMATION SOURCE: MULTIPLE LISTING SERVICE OF NORTHERN ILLINOIS (MLSNI)
It has been getting colder and colder as the week goes on. They are predicting temperatures in the single digits by the end of the week. It is nice to see that the weather has not stopped Hanover Park homes from going under contract.
The Hanover Park real estate market has seen some great activity this past week. 16 properties went under contract in 7 days. That is fantastic for sellers and for the buyers too!!
Here is the Hanover Park real estate statistics for the week January 7 through January 13, 2008. These numbers include ALL SINGLE FAMILY HOMES FOR SALE and ATTACHED HOUSING FOR SALE including Townhouses, Condos and Duplexes.
SINGLE FAMILY HOMES
3 NEW
5 PRICE CHANGES
7 CONTINGENT/PENDING ( UNDER CONTRACT )
1 CLOSED
ATTACHED HOUSING (TOWNHOUSES, CONDOS AND DUPLEXES)
4 NEW
5 PRICE CHANGES
9 CONTINGENT/PENDING ( UNDER CONTRACT )
4 CLOSED
The best decision you can make is a well informed and educated decision. We create value by providing you with all the information needed to make that educated decision!
Our goal is to always provide up to date information about the Hanover Park real estate market. It is important to know about the Hanover Park homes for sale and Hanover Park properties to sale.
If you would like more detailed information about:
Get a Community Report or a Neighborhood Valuation
Or if you are looking to find a home in the Bloomingdale, Hanover Park, Glendale Heights, Carol Stream, Dupage County area or Cook County area, please feel free to contact Rick and Lynn Orze at 630-339-4022. We would be happy to provide you with information on surrounding communities.
**INFORMATION SOURCE: MULTIPLE LISTING SERVICE OF NORTHERN ILLINOIS (MLSNI)
All though it is very cold out....we are beginning our "spring market." New Bartlett home are coming on the market. Bartlett homes are going under contract!!! The Bartlett real estate market continues to see steady activity through the beginning of the year.
Here is the Bartlett real estate statistics for the week of January 7 through January 13, 2008. These numbers include ALL SINGLE FAMILY HOMES FOR SALE and ATTACHED HOUSING FOR SALE including Townhouses, Condos and Duplexes.
SINGLE FAMILY HOMES
4 NEW
3 PRICE CHANGES
4 CONTINGENT/PENDING ( UNDER CONTRACT )
2 CLOSED
ATTACHED HOUSING (TOWNHOUSES, CONDOS AND DUPLEXES)
5 NEW
5 PRICE CHANGES
2 CONTINGENT/PENDING ( UNDER CONTRACT )
2 CLOSED
The best decision you can make is a well informed and educated decision. We create value by providing you with all the information needed to make that educated decision!
Our goal is to always provide up to date information about the Bartlett real estate market. It is important to know about the Bartlett homes for sale and Bartlett properties to sale.
If you would like more detailed information about:
Get a Community Report or a Neighborhood Valuation
Or if you are looking to find a home in the Hanover Park, Carol Stream, Bloomingdale, West Chicago, Dupage County area or Cook County area please feel free to contact Rick and Lynn Orze of RE/MAX All Pro at 630-339-4022. We would be happy to provide you with information on surrounding communities.
**INFORMATION SOURCE: MULTIPLE LISTING SERVICE OF NORTHERN ILLINOIS (MLSNI)
Winter is in full swing and so is the frigid weather. It is hard to believe last weekend we had temperatures in the 60's.
The Glendale Heights real estate market is still showing signs of positive activity despite the cold weather. Our "spring market" has just begun!
Here is the Glendale Heights real estate statistics for the week of January 7 through January 13, 2008. These numbers include ALL SINGLE FAMILY HOMES FOR SALE and ATTACHED HOUSING FOR SALE including Townhouses, Condos and Duplexes.
SINGLE FAMILY HOMES
7 NEW
5 PRICE CHANGES
2 CONTINGENT/PENDING ( UNDER CONTRACT)
0 CLOSED
ATTACHED HOUSING (TOWNHOUSES, CONDOS AND DUPLEXES)
3 NEW
3 PRICE CHANGES
1 CONTINGENT/PENDING (UNDER CONTRACT)
3 CLOSED
The best decision you can make is a well informed and educated decision. We create value by providing you with all the information needed to make that educated decision!
Our goal is to always provide up to date information about the Glendale Heights real estate market. It is important to know about the Glendale Heights homes for sale and Glendale Heights properties to sale.
You can find more information about:
Glendale Heights homes for sale and Glendale Heights properties for sale
the Village of Glendale Heights
Glendale Heights Park District
Get a Community Report or a Neighborhood Valuation
Or if you are looking to find a home in the Glendale Heights, Bloomingdale, Carol Stream, Dupage County area, please feel free to contact Rick and Lynn Orze of RE/MAX All Pro at 630-339-4022. We would be happy to provide you with information on surrounding communities.
**INFORMATION SOURCE: MULTIPLE LISTING SERVICE OF NORTHERN ILLINOIS (MLSNI)
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Serving West and NW suburbs. We work very hard to educate and help find that perfect fit for our clients. We are committed to bringing the highest level of professionalism to the real estate industry.
We are a husband/wife team living in Carol Stream for over 15 years and selling real estate full time for over 10 years. We specialize in the sales and marketing of homes in the West and Far Western Suburbs of Chicago including but not limited to Carol Stream homes for sale, Bloomingdale homes for sale, Glendale Heights homes for sale, Hanover Park homes for sale, West Chicago homes for sale, Roselle homes for sale, Bartlett homes for sale, St. Charles homes for sale, Geneva homes for sale and Batavia homes for sale. Search ALL Properties for sale. Do a property search for Illinois homes for sale and Illinois properties for sale available through the Multiple Listing Service of Northern Illinois (MLS) covering the Chicagoland 6 county area including but not limited to Cook County homes for sale, Dupage County homes for sale, Kane County homes for sale, Lake County homes for sale, McHenry County homes for sale and Will County homes for sale. Save your property search criteria and we will send you an email alert whenever new listings matching your criteria come on the market. Sign up for email alerts by clicking Save this search on the property results page. Rick holds a real estate broker's license while Lynn is a dedicated REALTOR. Together we provide twice the attention, service and dedication for the price of one. We work very hard to educate and help find that perfect fit for our clients. We feel the best decision one can make is a well educated decision. We are consistant top producers, committed to bringing the highest level of professionalism to the real estate industry. We are committed to the client service based on personal attention, follow-up and follow-through. We are also committed to the successful sale, not just the listing of your home. You can search over 130,000 homes in the Chicagoland area and learn more about the services we provide by visiting our website at www.rickorze.com We pride ourselves on honesty, integrity, patience and the ability to listen. We love what we do and we are never too busy for your referrals!
We specialize primarily in Residential and Relocation real estate in Illinois. We work with both buyers and sellers providing both personalized and sincere service. Rick handle most of the listings while Lynn takes care of most of the buyers needs. Since part of our job description is educating the client we love working with first time home buyers and home sellers. It is very rewarding to help people through their first real estate experience! We are strong contract negotiators treating each transaction as if it was our own.
We are very excited about what the world of marketing has become. We have a strong internet presence, advertising in some of the largest real estate website (ie. REALTOR.com, RE/MAX.com, craigslist.com, Chicagotribune.com, DailyHerald.com, ActiveRain.com, Localism.com, etc.) We are always trying to keep on top of all the latest and most innovated marketing tools. We provide professional property brochures, property CD's played to easy listening music and website flyers. We take our own virtual tours or photo shows (played to easy listening music) that do not present properties in a "fish bowl" like manner. We also market to the area with "Just Listed" postcards that help get the word out about your home being for sale. In addition we provide our 24 hour Real Estate Marketing Hotline that offers direct connection to our office, fax on demand and voicemail options.
Contributions and Accomplishments made by These Dupage County REALTORS
$100,000 in a calendar year. Our office, RE/MAX All Pro - Bloomingdale, Illinois has been awarded the "Miracle Office" status for the last 4 years. In order to receive this status, each agent in the office personally makes a contribution to CMN. We have made a commitment to make a contribution to CMN from each commission check we receive. This is just one of the many ways these RE/MAX All Pro agents give back to the community.
Our Interests Outside of Real Estate:
We are a family of 4 and are very luck to have children that have grown to enjoy the similar hobbies that we have enjoyed for so many years. When time permits, it is not uncommon to find us all playing a round of golf at the youth links. Our son just completed his first year of Carol Stream Travel Baseball. Rick was our pitching coach. It was a very exciting year and mom and sister never missed a game! We are the boys BIGGEST FANS!! Although we don't get to relax too much, we never miss an opportunity to spend a little time fishing for walleye. During the winter months we all enjoy our bowling leagues. Although mom and dad are having a difficult time keeping up with the kids. They are both middle school age and have bowled a few more 200 games than mom and dad. It is hard to keep up with them but we enjoy the challenge!
"Incredible"
Rick and Lynn,
I wanted to write a short note to thank you for an incredible job. I have dealt with many types of business and you both are by far one of the most professional teams I have ever had the pleasure to work with.
Lynn is absolutely incredible! I told her what I was looking for and she did the research to find the best match. I find this outstanding because all the other realtors I have dealt with just gave me a big stack of listings and wanted me to do the work. As you know, I ended up buying the second house she showed me. I really appreciate you negotiating the best selling price of my house and the best purchase price for my new house. You are a real pro!
It's always a real pleasure working with professionals that obviously love what they do. Thank you for a job well done and a great buying experience.
Mr. Skinner ~ West Chicago, Il
"Helping Dreams Come True"
Thank you so much for helping our dream come true. You will never know how much we appreciate all you've done. Your constant availability to go see a house, re-see a house and then go see it again. Your attentiveness to our phone calls, your patience with our panic attacks and fears. You're awesome! Thank you for always listening to us when we called & calming our fears- and boy did we have fears! We sure didn't have far to look far to realize how lucky we were to be dealing with such professionals!
Thank you for so many things!
Sincerely,
Mr. and Mrs. Boyle ~ Carol Stream, IL
"Let The Experts Do The Work"
Thank you so much for making the sale of my house so easy! I literally sat back and did nothing. I recommend you guys to everyone. If I ever move back to Illinois you guys can help me find my new home.
Best Regards!
Ms. Cooper ~ Glendale Heights, IL
"Integrity"
Wow, where do we even start? Thank you for all that you did to help us sell our home! We don't think it could have worked out any better. Thank you for helping us find our new home, and all that you had to put up with in the process. It was a real pleasure to work with you. You are quite a team!
Thank you again,
Mr. and Mrs. Paul ~ Carol Stream, IL
"Educating First Time Home Buyers"
Thank you so much for all your help, you really showed us the ropes for buying our first home!!
The Williams' Sisters, Bartlett, IL
"Dedication and Trust"
We are so thankful for the many hours of hard work and dedication you each put in to helping sell our house and finding our new one. It felt good to be able to trust and really like the people we were working with. You guys are great! And make an awesome team. We recommend you to everybody!
Dr. and Mrs. Pyka, Glen Ellyn, IL
"Knowledgeable"
Thank you for your wonderful help. There are so many things that we are greatful to you and Lynn for. With the sale of our house, everything went so smoothly and quickly. What we had hoped for came to pass. We especially appreciate your patience. Rick, you made us feel that none of our questions were dumb and we felt comfortable with you and you geniunely cared for what we wanted. Your know what you are talking about and you are very knowledgeable concerning Concord Pointe. That was a huge factor for us.
Rick---you ARE the best!!!!
Mr. and Mrs. Peterson, Carol Stream, IL
"Expect Care" Oh my gosh, where do we start? The support you provided for us was incredible. It seemed like every time we came upon an obsticle (and there were many) you took care of everything and even managed to calm us in the process. We both truely appreciate you. Mr. and Mrs. Gehrke, Wheaton, IL
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