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Saturday, September 18, 2010

Hoffman Estates, IL - Current Housing Market

The chart shows the market activity in Hoffman Estates in the last 30 days based on information from the MRED Multiple Listing Service.

There are currently 225 active listings of detached single family homes as of 09/18/2010.

The median list price is $290,500.00

In the last 30 days there have been 23 closed sales.

The median sales price was $240,000.00

At the current rate of absorption there are 9.78 months of unsold single family inventory in Hoffman Estates. This level of inventory is considered an over supply.

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