Bartlett Multi-Family Closed Sales Update - April 2009
So for the 1st quarter of 2009 .............. we’ve had 18 properties close.
Why
am I not enthusiastic? Because Bartlett Single
Family is
doing better than the surrounding towns of Schaumburg and
Hoffman Estates as far as number of sales and in higher prices.
Bartlett Townhomes are not selling as they should and are 30%
down from the second half of 2008.
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 88% were under $250,000. Also for those concerned, 2 were marked foreclosures and 3 were marked short sales. Our MLS allows us to differentiate these from regular closings. The lowest sales price was $71,000 which is such a great deal for a quad in Bartlett I'm sure you'll agree!
This graph is of the Multi-family homes (townhomes, quads, condos) that have sold during the last half of 2008. Over 74% have sold below the $250,000 price range.
There are currently 100 homes for sale below $250,000 available in Bartlett. And there are 39 choices below $175,000.
Think you might want to start looking? The 'Blog Dog' and I can sniff out some great deals!
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 Multi-Family Housing Market Update - April 2009 ©2009 TheBlogDog.net and Lyn Sims
© 2010 Lyn Sims and The Blog Dog
