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Arlington Heights, IL Real Estate News

By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Located only 25 miles from downtown Chicago, Arlington Heights is a community in Chicago's desirable Northwest suburban corridor. A growing downtown skyline, expanding shopping areas, and new office parks attest to the Village's vibrancy. The history of Arlington Heights goes back about a century and a half ago. Originally known as Dunton, the fledgling town was named after William Dunton, who in 1850 deeded 16 acres for a right-of-way and depot for the Illinois and Wisconsin Railroad Co. The railroad, which would later become the Chicago and North Western Transportation Co., steamed through in 1854. By 1857, six daily trains were operating between Dunton and Chicago. By the 1880s, Dunton was home to more than 1,000 people, and the area near the train station was a thriving commercial m...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Arlington Heights Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Arlington Heights real estate statistics for the last 12 months as of September 18, 2007.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=activeIf you would like a free list of homes for sale in this area/neighborhood or would like more information about Arlington Heights, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent....
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Arlington Heights Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Arlington Heights real estate statistics for the last 12 months as of August 30, 2007.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=activeIf you would like a free list of homes for sale in this area/neighborhood or would like more information about Arlington Heights, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Arlington Heights Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Arlington Heights real estate statistics for the last 12 months as of August 30, 2007.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=activeIf you would like a free list of homes for sale in this area/neighborhood or would like more information about Arlington Heights, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
   The table below lists all of the currently active single family detached and single family attached homes in Arlington Heights, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices. For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.   Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 84 164 $150,000 - $199,999 113 117 $200,000 - $249,999 52 118 $250,000 - $299,999 90 136 $300,000 - $349,999 112 176 $350,000 - $399,999 116 158 $400,000 - $449,999 82 142 $450,000 - $499,999 66 174 $500,000 - $549,999 52 95 $550,000 - $599,999 31 149 $600,000 - $699,999 28 119...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Arlington Heights Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Arlington Heights real estate statistics for the last 12 months as of August 20, 2007.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=activeIf you would like a free list of homes for sale in this area/neighborhood or would like more information about Arlington Heights, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
  The table below lists all of the currently active single family detached and single family attached homes in Arlington Heights, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices. For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.   Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 86 158 $150,000 - $199,999 113 121 $200,000 - $249,999 49 115 $250,000 - $299,999 84 130 $300,000 - $349,999 112 167 $350,000 - $399,999 106 156 $400,000 - $449,999 87 152 $450,000 - $499,999 66 163 $500,000 - $549,999 59 92 $550,000 - $599,999 29 148 $600,000 - $699,999 25 107 ...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Arlington Heights Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Arlington Heights real estate statistics for the last 12 months as of August 13, 2007.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=activeIf you would like a free list of homes for sale in this area/neighborhood or would like more information about Arlington Heights, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Arlington Heights Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Arlington Heights real estate statistics for the last 12 months as of August 5, 2007.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=activeIf you would like a free list of homes for sale in this area/neighborhood or would like more information about Arlington Heights, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Arlington Heights Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Arlington Heights real estate statistics for the last 12 months as of July 29, 2007.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=activeIf you would like a free list of homes for sale in this area/neighborhood or would like more information about Arlington Heights, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Arlington Heights Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Arlington Heights real estate statistics for the last 12 months as of July 23, 2007.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=activeIf you would like a free list of homes for sale in this area/neighborhood or would like more information about Arlington Heights, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Market Statistics CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed, Expired   Area: Arlington Heights   Property Type: Detached Single, Attached Single   Months Back: 12 Months   Active Listings Detached SingleBedrooms# ActiveAvg. LPAvg. MTAll582$539,0011532 or Less23$317,0521583250$400,4911384260$636,0391705 or More49$834,964140Attached SingleBedrooms# ActiveAvg. LPAvg. MTAll460$244,6141422 or Less382$216,981148376$368,57611741$325,000415 or More1$1,299,00080Off-Market Listings Detached SingleBedrooms# Sold% SoldAvg LP (Sold)Avg SPSP:LP RatioAvg MT (Sold)Avg LP (Unsold)% ExpdAll50177%$483,048$464,68896%132$548,12520%2 or Less2080%$358,215$342,43096%102$275,88016%323478%$390,773$375,47196%110$395,86219%420777%$567,523$...
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By Exit Platinum Realty
(EXIT PLATINUM REALTY)
6/13/2007 - Marine Corps Coordinating Council of Chicago meets at the R/S Chicago located at Wolf and Oakton in Des Plaines, at 1900. 6/15/2007 - Job Fair will be held at Arlington Park Race Track, Colonel Roy Arnold, President. 6/15-16/2007 - PFC Geoffrey Morris Memorial Fishing Tournament to be held at the Port of Waukegan. On June 16, there will be onshore activities from 1200 to 2200.  Included will be children's activities with Dr. Experemento, a live Coast Guard in water rescue demonstration, Tournament awards and a number of live band entertainment. The tax deductible entry fee will benefit the Illinois Military Family Relief Fund http://www.operationhomefront.org/  Please click here for Info flyer or here for entry forms and schedule.  6/21/2007 - Marine For Life Luncheon will b...
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By Mara Kalva
(Remax)
BIVOUAC OF THE DEAD"  The muffled drum's sad roll has beatThe soldier's last tattoo;No more on life's parade shall meetThat brave and fallen few.On Fame's eternal camping-groundTheir silent tents are spread,And Glory guards, with solemn round,The bivouac of the dead.No rumor of the foe's advanceNow swells upon the wind;Nor troubled thought at midnight hauntsOf loved ones left behind;No vision of the morrow's strifeThe warrior's dream alarms;No braying horn nor screaming fifeAt dawn shall call to arms.Their shriveled swords are red with rust,Their plumed heads are bowed,Their haughty banner, trailed in dust,Is now their martial shroud.And plenteous funeral tears have washedThe red stains from each brow,And the proud forms, by battle gashedAre free from anguish now.The neighing troop, the...
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By Ken Kuly
(Baird & Warner)
Friday, December 22, 2006The clock is ticking and it's nearly time to put those New Year's goals on paper. Take stock of your finances and get them in line to fulfill this year's dreams. The right plan coupled with a good team of experts is a win-win combination. When it's time to make your move, let's talk.Regards,Ken Kuly General Real Estate News & ViewsDEFINITION: GIFT LETTERThis is the gift that keeps on giving.Read More WORDS OF WISDOM 12/22/06It's the season of gift giving.Read More IMPROVEMENT WISEWhen you're getting ready to list your home for sale, you might consider some improvements to attract buyers and increase your profit. Which improvements matter most and give the biggest return? Should you add on a family room? Put in a new kitchen? A new deck? What works and what doesn...
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Below are the closed transactions for 2005 and 11 months of 2006 for Arlington Heights, IL per the mls. As you can see there has been a 10% drop in closings for the current year. This number is only part of the truth in my opinion. Less homeowners are selling by owner which has increased the number of recorded sales in the mls for 2006. This means the numbers actually look better then they really are.Also 2006 started off as a great year with 27 more units closed by the end of March then in 2005, that's a 34% increase. After that is when things slowed down and in a big way. The next 8 month of 2006 have 20% less closing than in 2005. Only 406 from April - Nov 2006 vs. 485 in 2005 during the same period. Here are the numbers before we go any further:2005 closed single family unitsJan  '0...
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By Ken Smith
(Suburban House Hunters)
Here is a quick overview of the single family market in Arlington Heights, IL. There currently is about 29 months of inventory. While part of the increase is seasonal it does show we are clearly in a buyers market.currently on the market: 472 currently under contract: 60closed in the last 90 days: 48est. inventory: 29 months (10 months longer than 9/25 update)lowest price: $259,900 highest price: $2,499,000Here is a quick overview of the condo market in Arlington Heights, IL. There currently is about 11 months of inventory. currently on the market: 279 currently under contract: 35 closed in the last 90 days: 78 est. inventory: 11 months (Down 10 months from 9/25 update) lowest price: $91,900 highest price: $895,000Past Market Updates: 09/25/06, 07/05/06 (use this to compare and see how ...
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By Ken Smith
(Suburban House Hunters)
Million dollar homes in Arlington Heights is becoming common place. With 25 current listing over 1 million dollars and as high as $2.5 million you have a large selection of new construction high end homes. These homes are up to 6,000 sq feet and have up to 4 car garages. But with only 5 homes selling in this price range in the last 6 months the question becomes why are so many being built?The highest price closed sale in Arlington Heights in the last 6 months is only $1,225,000. This is less than half the price of the current highest priced listing and the marketing time on this home was 273 days.Builders have taken the "build it and they will come" approach, to bad for them the buyers don't agree. Many of these high end listings have been reducing prices to try and get buyers in the do...
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By Ken Smith
(Suburban House Hunters)
Here is a quick overview of the single family market in Arlington Heights, IL. There currently is about 19 months of inventory. This is a growing number and is starting to strongly suggest we are in a buyers market. currently on the market: 537 currently under contract: 83closed in the last 90 days: 82est. inventory: 19 months (2 months longer than 7/05 update)lowest price: $284,900 highest price: $2,399,000Here is a quick overview of the condo market in Arlington Heights, IL. There currently is about 21 months of inventory. currently on the market: 310 currently under contract: 55 closed in the last 90 days: 44 est. inventory: 21 months  lowest price: $91,900 highest price: $895,000Past Market Updates: 07/05/06 (use this to compare and see how the market has changed)Visit www.SuburbanH...
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By Ken Smith
(Suburban House Hunters)
I posted about Arlington Heights IL in the last post so I figured you should see some hard numbers. I am going to use only single family homes for this update.Homes listed - 496Under Contract - 89Closed in the last 90 days - 85If it takes 90 days for 85 homes to sell then we have 524 days of inventory on the market today. That means if nothing new is added and home sales stayed the same as the last 90 days that it would take well over a year to sell every home that is currently listed. The one bright spot is that there are 89 homes under contract and that might help increase the sales pace a little. This helps show that YES the market is MUCH slower and you need to work with an agent or team of agents that can offer a great marketing plan that includes a web site that ranks high in Goog...
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