Well lately
we’ve heard some media buzz that improvement is happening in
the Bartlett Market and I just wanted to let
you know that YES –
it seems to be true!
So for the 1st quarter of 2009 .............. we’ve had 36 properties close – YIPPEE.
Why
am I enthusiastic? Because Bartlett is
doing better than the surrounding towns of Schaumburg and
Hoffman Estates as far as number of sales and in higher prices.
The graphs show
us that obviously
the first time buyers are spurring along the market in the lower price
ranges all thruout the Northwest Suburbs.
The majority of sales for Bartlett, over 66% were
under $300,000. Also for those concerned, 6 were marked
foreclosures and 5 were marked short sales.
Our MLS allows us to differentiate these from regular
closings. The
lowest
sales price was $190,000 which is
such a great deal for a 3BR home in Bartlett I'm sure you'll agree!
This graph is of the single family homes that have sold during the last half of 2008. Over 59% have sold below the $300,000 price range.
There are currently 76 homes for sale below $300,000 available in Bartlett. Think you might want to start looking?
Lyn Sims (847)230-7324 at RE/MAX Suburban
The 'Blog Dog' knows Bartlett!
That darn dog and I proudly serve and 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: MRED MLS of Northern IL
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 Real Estate Market Update - April 2009 ©2009 TheBlogDog.net and Lyn Sims
© 2010 Lyn Sims and The Blog Dog
