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Hanover Park, IL Real Estate News

By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Hanover Park IL Homes - Hanover Park IL Real Estate - Housing Market for August 2012 Looking for current and concise market information for Hanover Park IL Homes?  You've come to the right place and I've actually been seeing a distinct improvement for the last 15 months.  Interest rates have never been lower with affordability continuing to be the best it's ever been.Let's talk about a few different market facets here - the months supply of inventory for Hanover Park IL Homes has been steadily decreasing and has actually kept our recovery on an even keel. We have 23% less in housing inventory then we did a year ago.  With too many homes on the market that makes it more competitive and prices are forced downward, this is what we have experienced in the past.  Another indicator that the H...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
The table below lists all of the single family detached and single family attached homes currently on the market in Hanover Park, IL The data lists available homes by price range with average time on market in each range.   Included in this list are many Foreclosures and Short Sale properties. Contact us for information on how we may assist you in seeing these properties.   Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 9 142 $50,000 - $99,999 51 148 $100,000 - $149,999 40 177 $150,000 - $199,999 39 142 $200,000 - $249,999 16 397 $250,000 - $299,999 3 303 $350,000 - $399,999 1 225    Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 159 182 $125,900 $132,106 $369,000 $29,900 $21,004,890    
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
The table below lists all of the single family detached and single family attached homes currently on the market in Hanover Park, IL The data lists available homes by price range with average time on market in each range.   Included in this list are many Foreclosures and Short Sale properties. Contact us for information on how we may assist you in seeing these properties. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 6 185 $50,000 - $99,999 43 170 $100,000 - $149,999 42 202 $150,000 - $199,999 46 167 $200,000 - $249,999 19 278 $250,000 - $299,999 6 172 $350,000 - $399,999 1 166    Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 163 190 $136,500 $143,911 $369,000 $39,900 $23,457,424  
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
The table below lists all of the single family detached and single family attached homes currently on the market in Hanover Park, IL The data lists available homes by price range with average time on market in each range.   Included in this list are many Foreclosures and Short Sale properties. Contact us for information on how we may assist you in seeing these properties. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 8 155 $50,000 - $99,999 42 167 $100,000 - $149,999 38 138 $150,000 - $199,999 51 172 $200,000 - $249,999 22 283 $250,000 - $299,999 5 169 $350,000 - $399,999 1 134    Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 167 176 $145,000 $143,462 $369,000 $39,000 $23,958,224  
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Operation Support Our Troops (OSOT) - Freedom Bash 2012 Friday, June 8 (5:00 - 10:00PM) Saturday, June 9 (9:00AM - 12:00PM) Hanover Township Building 250 S. IL Route 59 Bartlett IL 60103 Please bring the TOP 10 comforts of home for a service member to the event (donors will receive a special thank you). Peanut butter & jelly International Phone Cards Mayonnaise (small packet type) Nasal spray/eye drops Crackers Cereal Bars Foot Powder Body Wash Microwave Popcorn Mouthwash (630) 837-0301 for questions   freedombash@hanover-township.org www.freedombash.com
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
The table below lists all of the single family detached and single family attached homes currently on the market in Hanover Park, IL The data lists available homes by price range with average time on market in each range.   Included in this list are many Foreclosures and Short Sale properties. Contact us for information on how we may assist you in seeing these properties. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 8 164 $50,000 - $99,999 44 153 $100,000 - $149,999 50 171 $150,000 - $199,999 48 163 $200,000 - $249,999 18 294 $250,000 - $299,999 6 286 $350,000 - $399,999 1 96    Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 175 180 $135,000 $139,449 $369,000 $29,500 $24,403,563  
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
The table below lists all of the single family detached and single family attached homes currently on the market in Hanover Park, IL The data lists available homes by price range with average time on market in each range.   Included in this list are many Foreclosures and Short Sale properties. Contact us for information on how we may assist you in seeing these properties.   Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 8 226 $50,000 - $99,999 55 165 $100,000 - $149,999 56 154 $150,000 - $199,999 46 161 $200,000 - $249,999 21 253 $250,000 - $299,999 7 225 $350,000 - $399,99...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
The table below lists all of the single family detached and single family attached homes currently on the market in Hanover Park, IL The data lists available homes by price range with average time on market in each range.   Included in this list are many Foreclosures and Short Sale properties. Contact us for information on how we may assist you in seeing these properties.   Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 6 185 $50,000 - $99,999 56 181 $100,000 - $149,999 61 149 $150,000 - $199,999 47 145 $200,000 - $249,999 24 222 $250,000 - $299,999 5 365 $350,000 - $399,99...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
The table below lists all of the single family detached and single family attached homes currently on the market in Hanover Park, IL The data lists available homes by price range with average time on market in each range.   Included in this list are many Foreclosures and Short Sale properties. Contact us for information on how to process.   Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 7 154 $50,000 - $99,999 51 179 $100,000 - $149,999 60 182 $150,000 - $199,999 46 169 $200,000 - $249,999 23 212 $250,000 - $299,999 6 347    Active Listings Summary # Units Avg. MT Median Li...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Positive Signs continue in our Northwest Suburban Real Estate Market for the 8th consecutive month. We are moving ahead with recovery here and sales have successfully reached above the 2010 level of closings. For November, Hanover Park Single Family Homes have now reached the number of 2010 closings and Hanover Park Multi-Family are down 31% over 2010.  For Hanover Park there are still no price gains calculated with foreclosures still leading the way in current sales.  What is promising is that in a few different surrounding markets the average sales prices are now stabilizing.  If all goes well, our next trend will be for prices to finally level off and slight increases to begin in our area. I should point out that how much inventory we have going into winter is very important and we c...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Hanover Park, IL The data lists available homes by price range with average time on market in each range.   Included in this list are many Foreclosures and Short Sales.   Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 11 136 $50,000 - $99,999 43 166 $100,000 - $149,999 66 184 $150,000 - $199,999 59 173 $200,000 - $249,999 28 182 $250,000 - $299,999 7 266    Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List P...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Bruno's Pro Bone O Pet PantryEven pets need help in this economy and I've come across Bruno's that does just that.  Need help so your pets will have food? Bruno's Pro Bone O Pet Pantry is dedicated to temporarily providing free pet food for the dogs and cats of low income, elderly and disabled people who find themselves in an unexpected crisis. Bruno's Pantry operates in select areas of Kane and DuPage Counties in Illinois. They are able to accomplish this goal by soliciting for and collecting pet food through a network of agencies, programs and the generosity of the community they serve. Their mission is to ensure that pets are not forgotten or abandoned during financial hardship and can remain in their home and with their family, thereby improving the quality of life for both pets and...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
The office of Fred Crespo invites you to a town hall meeting that will be hosted at the Hanover Park Village Hall on Wednesday, November 16th at 6:00 PM.   This town hall meeting will include a general overview of the past legislative session, discussion about the fall veto session, state and local issues, as well as a question and answer session for members of the audience.   Mayor Rodney Craig and representatives from the Metropolitan Water Reclamation District of Greater Chicago will also be in attendance, so this is a unique opportunity to meet with several elected officials at once to ask questions about local and state affairs.     This event will take place in room 214 of the Hanover Park Village Hall, at 2121 West Lake Street.   To RSVP or for more information, please contact Fr...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Signs of life in our Hanover Park IL Real Estate Market recently.  We are moving ahead and sales have finally reached above the 2010 level of closings. For the 3rd Quarter of 2011 Hanover Park Single Family Homes are 60% above 2010 closings but unfortunately Hanover Park Multi-Family are down -46% over 2010.As of yet there are still no price gains that I can see with the foreclosures still leading the way in current sales. If all goes well, the next trend will be for prices to finally level off and slight increases to begin. This also would depend on how much inventory we have going into the winter months ahead. Currently the number of properties for sale is also down from the 2010 levels. Hopefully townhome and condo sales will begin to make a recovery like the single family homes have...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in HanoverPark, IL The data lists available homes by price range with average time on market in each range.   Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 6 244 $50,000 - $99,999 55 243 $100,000 - $149,999 64 206 $150,000 - $199,999 54 179 $200,000 - $249,999 28 179 $250,000 - $299,999 12 198    Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 219 206 $130,000 $142,306 $299,500 $30,000 $31...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Pricing your home to sell - how shall we arrive at a good price?   Well there’s actually three things that are enmeshed together:  they are Price, Condition, Location.  All three actually make your Hanover Park IL Home either sell or be rejected by prospective buyers. Obviously in this market with the elevated inventory you have to be ‘spot on’ with your homes price.  Too high and no one will take your home seriously and it will be passed over.  A fair price – what a seller is willing to accept and a buyer is willing to pay.  That’s what we normally strive for. For Hanover Park IL Homes here are some enlightening statistics that I've found.  Price your house right in the beginning and you'll make more money!  It's true and here's what I've found from current sold sales. Hanover Park Hom...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Welcome to the roller coaster ride for Hanover Park Homes!  In this gyrating edition of June's market update I'm going to decipher for you the current market trends (cause that's what I do) and tell you about time on market.  A more complex word that some use might be 'absorption rate'.  So how long will it take your Hanover Park home to sell?Let's begin with the use of the economic basic of supply and demand. Obviously in this market we have too much supply. When that happens the time it takes to sell your Hanover Park home also goes up. Buyers have a tremendous amount to choose from on the market but don't be fooled they are 'ready to pull the trigger' if they see something they want!Pricing your home correctly in the beginning has many advantages as these graphs will illustrate to yo...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
     $64,000 This ugly duckling has possibilities. This two bedroom, 1 bath duplex (no association fee) is conveniently located, but needs some work.            Green is in! After some cosmetics, you will see a very marketable property at 200% of close price.
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Rabies Vaccine and Microchip Clinic The Cook County Animal and Rabies Control clinics allow affordable rabies vaccinations to bring all citizens into compliance with the law while providing an essential public health protection against a deadly disease that has caused public health concerns in four states over the past two years. Rabies vaccines will cost $7 for a one year and $21 for a three year.  Ferrets may only be vaccinated for one year and the cost of the vaccine is $9.  Pet owners can have their pets microchipped for $10; however, this does not include the national registration fee. 2011 Clinic DatesCook County’s low cost clinic services will be offered starting March 23 and running through November 9. The mobile clinics will operate at various locations throughout the County. C...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Hanover Park, IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 204 169 $150,000 - $199,999 66 167 $200,000 - $249,999 39 183 $250,000 - $299,999 10 188 $300,000 - $349,999 1 57 $600,000 - $699,999 1 840    Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 321 173 $129,900 $138,378 $624,900 $39,900 $...
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