Saturday 26 August 2017

Hoffman Estates Homes For Sale Real Estate Market Report From July 1, 2017 to July 31, 2017. Now is the Time to Sell!


If you are thinking to purchase real estate in Hoffman Estates as your primary residence or an investment property, you should read our latest Hoffman Estates Real Estate Report. The PropertyUp Inc., John Herman Team has reviewed the data and reports a an increase month to month supply of inventory. There is a 5.85 month(s) supply of inventory on the market in Hoffman Estates in Jul 31, 2017. Now is the Time to Sell! The average market time for a Single Family Homes to sell in Hoffman Estates last month was 40 days. It took on average 22 days to sell Hoffman Estates Condo, Townhouse or a Duplex. The number of home sales in Hoffman Estates from the July 1, 2017 through July 31, 2017 was 5.9 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 $147/Sq.Ft, which is 5% an increase from last month.

In Hoffman Estates there were 18 units sold in July in the price range between $62,001 - $230,333 with an average of 2.2 bedrooms and 1.3 bathrooms and average Square footage of 1,119SF.



In Hoffman Estates there were 48 units sold in July in the price range between $230,334 - $398,665 with an average of 3.5 bedrooms and 2 bathrooms and average Square footage of 1,888SF.

In Hoffman Estates there were 9 units sold in July in the price range between $398,666 - $505,000 with an average of 4.3 bedrooms and 2.8 bathrooms and average Square footage of 3,035SF.

The low price range had the the most activity. Homes up to $62,001 - $230,333 were on the market on average 25 days and sold an average of $145,189.

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.com If you are considering viewing Hoffman Estates, you may want to do so now!

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