Hoffman Estates Real Estate Trends & Statistics

Hoffman Estates Median List Price

$224,999

Share Download Embed

Hoffman Estates Market Snapshot

Share Download Embed

	Today	1 Month Ago		1 Year Ago
Total Inventory	166	192	14%	277	40%
Median List Price	$224,999	$229,900	2%	$194,900	15%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	13%	13%		17%
Median DOM	49	47	4%	63	22%
Median House Size	1,604	1,716	7%	1,681	5%
Median $/Sqft	$133/sqft	$128/sqft	4%	$124/sqft	7%

	Today	1 Month Ago		1 Year Ago
Total Inventory	99	118	16%	151	34%
Median List Price	$300,000	$299,900		$260,000	15%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	10%	9%		15%
Median DOM	50	47	6%	61	18%
Median House Size	1,994	2,170	8%	2,149	7%
Median $/Sqft	$142/sqft	$137/sqft	4%	$134/sqft	6%

	Today	1 Month Ago		1 Year Ago
Total Inventory	67	74	9%	126	47%
Median List Price	$110,000	$105,000	5%	$86,000	28%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	18%	19%		20%
Median DOM	48	57	16%	66	27%
Median House Size	1,314	1,156	14%	1,200	9%
Median $/Sqft	$89/sqft	$81/sqft	10%	$89/sqft

Hoffman Estates Market Data

Share Download Embed

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	74	63	37	49	50	49	55
New Listings	73	63	32	98	76	92	124
Sold/Expired	144	126	100	114	107	114	128

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	38	39	20	29	34	32	35
New Listings	40	35	16	56	44	53	76
Sold/Expired	81	74	57	64	61	76	80

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	36	24	17	20	16	17	20
New Listings	33	28	16	42	32	39	48
Sold/Expired	63	52	43	50	46	38	48

Hoffman Estates, Illinois real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Hoffman Estates homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Hoffman Estates. Movoto is your comprehensive source for Hoffman Estates property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Hoffman Estates, IL Market Overview

Inventory: 166 Recently Sold: 128 New Listings: 124 Distressed: 13

Hoffman Estates's home resale inventories decreased sharply, with a 14 percent decrease since April 2013. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in May. The median listing price in Hoffman Estates went down from April to May. There were a total of 2 price increases and 55 price decreases.

Updated: 05/01/2013

Change City

Nearby Homes for Sale

5427 Swan Cir, Hoffman Estates, IL

$619,900
Beds: 4
Baths: 4
Sqft: $137
DOM: 4 25

1630 Ashley Rd, Hoffman Estates, IL