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Streamwood, IL Real Estate News

By Lyn Sims, Real Estate Broker Retired
EVERY REAL ESTATE MARKET IS LOCAL.  ASK A SEASONED REALTOR, LIKE LYN SIMS, WHAT'S GOING ON LOCALLY! This time may be your best opportunity market in years.  Mortgage interest rates are low and prices in Northwest Illinois are still holding strong, generally area prices are flat.  Over time, no investment comes close to real estate so now is a great time to buy, sell or invest. All real estate is local.  What's happening in your local market is all that matters.  Ask a great local REALTOR, like Lyn Sims at RE/MAX Suburban what's going on in your market.  She is an expert in pricing, buying, demand and selling patterns. Don't be scared off by stories about a "credit crunch."  Conventional loans are available for credit-worthy buyers seeking these types of mortgages.  And mortgage interest...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Streamwood 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 Streamwood real estate statistics for the last 12 months as of November 26, 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 Streamwood, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&pa...
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By Greg Wilson
(1st Cornerstone Realty)
Area Market Survey CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed Property Type: Detached Single, Attached Single Area: Streamwood Months Back: All Months Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 25 137 $150,000 - $199,999 99 134 $200,000 - $249,999 155 154 $250,000 - $299,999 105 136 $300,000 - $349,999 22 136 $350,000 - $399,999 15 113 $400,000 - $449,999 6 183 $450,000 - $499,999 2 240 $500,000 - $549,999 12 172 $550,000 - $599,999 2 95 $600,000 - $699,999 4 151 Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 447 143 $234,900 $250,173 $675,000 $83,900 $111,827,151 Sold Properties Sold Price Range # Listin...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Looking for a townhome, condo, quad in the Streamwood area?   This is a great time to get your first home, move to a smaller home, or move to a larger home.  Interest rates are stable and recently lowered despite all the media hype and is available to all with fairly decent credit.  In fact, I do still have 100% financing if that is your requirement!  These are the current market numbers and availability for Multi-family or attached homes in Streamwood, IL.  The best selections are in the $200,000 to $250,000 range and we've got great larger executive styled homes for price ranges above that!  The median listing price for Streamwood is $195,000.  Some "handyman specials" and "fixer uppers" are available for buyers trying to get "instant equity" in the market by doing the work themselves...
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By Lyn Sims, Real Estate Broker Retired
Looking for a home in the Streamwood IL area?  This is a great time to get your first home, move to a smaller home, or move to a larger home.  Interest rates are stable and recently lowered despite all the media hype and is available to all with fairly decent credit.  In fact, I do still have 100% financing if that is your requirement!  These are the current market numbers and availability for single family homes in Streamwood.  Lots of great selections near the $250,000 range and we've got great custom construction for price ranges above that!  The median listing price for Streamwood is $258,900.  Some "handyman specials" and "fixer uppers" are available for buyers trying to get instant equity in the market by doing the work themselves!To search for homes currently available in the Str...
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By Greg Wilson
(1st Cornerstone Realty)
Area Market Survey CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed Property Type: Detached Single, Attached Single Area: Streamwood Months Back: All Months Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 26 160 $150,000 - $199,999 98 131 $200,000 - $249,999 153 145 $250,000 - $299,999 113 132 $300,000 - $349,999 22 129 $350,000 - $399,999 16 105 $400,000 - $449,999 7 175 $450,000 - $499,999 2 233 $500,000 - $549,999 12 165 $550,000 - $599,999 3 75 $600,000 - $699,999 4 144 Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 456 138 $234,900 $252,048 $675,000 $83,900 $114,933,898 Sold Properties Sold Price Range # Listin...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Streamwood 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 Streamwood real estate statistics for the last 12 months as of November 14, 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 Streamwood, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&pa...
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By Greg Wilson
(1st Cornerstone Realty)
Area Market Survey CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed Property Type: Detached Single, Attached Single Area: Streamwood Months Back: All Months Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 25 161 $150,000 - $199,999 99 124 $200,000 - $249,999 157 137 $250,000 - $299,999 116 137 $300,000 - $349,999 22 130 $350,000 - $399,999 16 100 $400,000 - $449,999 7 170 $450,000 - $499,999 3 203 $500,000 - $549,999 11 175 $550,000 - $599,999 3 70 $600,000 - $699,999 4 139 Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 463 135 $234,900 $251,681 $675,000 $83,900 $116,528,109 Sold Properties Sold Price Range # Listin...
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Buyers and sellers continue to trade up, trade down, relocate or purchase a 2nd home.  First time buyers in Illinois accounted for 40% of the market!   Highlights of the typical Illinois Home Buyer from 2006 are: Median age of home buyers was 37 years old. Amoung first time buyers, the median age was 31. Median household income was $73,300 compared to $71,800 in the U.S. 57% of home buyers were married couples, 26% single females (yeah girls!), 8% singles males, and 9% were unmarried couples. First-time homebuyers accounted for 44% of homes purchased in 2006. 62% of first-time buyers were between 25 and 34 years old. Median income of first-time buyers was $59,500 compared to $58,300 amoung all first-time buyers nationally. 62% of homes purchased were detached single family. Typical buye...
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By Greg Wilson
(1st Cornerstone Realty)
Area Market Survey CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed Property Type: Detached Single, Attached Single Area: Schaumburg Months Back: All Months Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 50 138 $150,000 - $199,999 174 129 $200,000 - $249,999 134 101 $250,000 - $299,999 82 128 $300,000 - $349,999 83 157 $350,000 - $399,999 46 148 $400,000 - $449,999 37 157 $450,000 - $499,999 15 149 $500,000 - $549,999 8 124 $550,000 - $599,999 9 206 $600,000 - $699,999 14 175 $700,000 - $799,999 12 141 $800,000 - $899,999 7 157 $900,000 - $999,999 4 182 $1,000,000 - $1,999,999 3 149 Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Pric...
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By Greg Wilson
(1st Cornerstone Realty)
Area Market Survey CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed Property Type: Detached Single, Attached Single Area: Streamwood Months Back: All Months Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 26 141 $150,000 - $199,999 101 124 $200,000 - $249,999 155 137 $250,000 - $299,999 121 134 $300,000 - $349,999 22 127 $350,000 - $399,999 15 125 $400,000 - $449,999 6 183 $450,000 - $499,999 4 159 $500,000 - $549,999 12 171 $550,000 - $599,999 2 98 $600,000 - $699,999 4 132 Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 468 134 $234,900 $250,982 $675,000 $83,900 $117,459,560 Sold Properties Sold Price Range # Listi...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Streamwood 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 Streamwood real estate statistics for the last 12 months as of November 2, 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 Streamwood, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&pag...
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By Greg Wilson
(1st Cornerstone Realty)
Area Market Survey CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed Property Type: Detached Single, Attached Single Area: Streamwood Months Back: All Months Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 28 137 $150,000 - $199,999 104 123 $200,000 - $249,999 160 142 $250,000 - $299,999 124 140 $300,000 - $349,999 24 114 $350,000 - $399,999 17 137 $400,000 - $449,999 9 174 $450,000 - $499,999 5 178 $500,000 - $549,999 13 168 $550,000 - $599,999 2 89 $600,000 - $699,999 4 123 Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 490 137 $235,900 $252,871 $675,000 $79,900 $123,907,017 Sold Properties Sold Price Range # Listi...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Streamwood 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 Streamwood real estate statistics for the last 12 months as of October 25, 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 Streamwood, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&pag...
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Sale summary for the Surrey Woods Townhome community in Streamwood IL near 59 & Bode Rds. Very popular area surrounded by the Cook County Forest Preserve with wonderfully maintained walking, jogging & bike paths.  Not to mention the great old oak trees in the area.  There is also a pond & play area that is maintained by the Streamwood Park District too.  The area is mainly comprised of private entry 2-story styling with either a 1 or 2 car garage. Some basements are available but rarely go on the market.  Square footage is somewhere between 1100 to 1700 sq ft and prices between $194,000 to $276,000.2BR 1.5BA Brimfield Model, 1 car garage $194,500 to 197,000.2BR 1.5BA Cantebury Model, 1 car garage $195,000 to $216,000.2BR 2.5BA, Den, Ashford Model, 2 car garage $248,000 to $276,000There ...
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By Greg Wilson
(1st Cornerstone Realty)
Area Market Survey CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed Property Type: Detached Single, Attached Single Area: Streamwood Months Back: All Months Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 26 153 $150,000 - $199,999 101 118 $200,000 - $249,999 160 139 $250,000 - $299,999 124 140 $300,000 - $349,999 25 110 $350,000 - $399,999 17 130 $400,000 - $449,999 9 167 $450,000 - $499,999 5 171 $500,000 - $549,999 12 172 $550,000 - $599,999 2 82 $600,000 - $699,999 4 116 Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 485 135 $235,900 $253,333 $690,000 $79,900 $122,866,387 Sold Properties Sold Price Range # Listi...
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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 Streamwood, 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 26 151 $150,000 - $199,999 100 115 $200,000 - $249,999 151 135 $250,000 - $299,999 122 133 $300,000 - $349,999 26 99 $350,000 - $399,999 17 125 $400,000 - $449,999 9 162 $450,000 - $499,999 5 166 $500,000 - $549,999 13 156 $550,000 - $599,999 2 77 $600,000 - $699,999 3 106    Active L...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Streamwood 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 Streamwood real estate statistics for the last 12 months as of October 16, 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 Streamwood, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&pag...
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There is a large amount of inventory thruout the Chicago Northwest Suburban Market which includes the Streamwood IL area.  Sellers are hot to compete and make their home standout above their competition.  This is a great time to get your first home or move to a smaller home.  Prices have held from 4 to 5% of listing price over the last few months.Here is a chart of ACTIVE Multi-family Homes in Streamwood with the MARKET TIMES posted as "Average Days on the Market". There are currently 212 homes in various styles and types (Condos, Manor Homes, Coach Homes, Townhomes, Duplexes, Quads) available with the Average Market Time of 117 days.  The median price is $199,900 and the highest price is at $449,900.  Status: Active   Property Type: Attached Single   Area: Streamwood                   ...
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There is a larger amount of inventory thruout the Chicago Northwest Suburban Market which includes the Streamwood IL and Schaumburg IL areas.  Sellers are competing to make their homes standout and enhance their chances of an offer.  Prices have held between 3 to 4% from the listing price over the last 9 months.Here is a chart of ACTIVE Single Family Home Prices in Steamwood with the MARKET TIMES posted as "average days on the market".There are currently 254 single family homes available with an average market time of 136 days.  The median price is $259,000 and the highest listing price is $690,000.There have been 1378 sold and closed homes with the average sale price of $268,790 with the average market time of 75 days.Status: Active, Pending, Closed   Property Type: Detached Single   A...
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