Real Estate Market Update in Hoffman Estates - March 2019What are Prices Doing? Average sales price ($339,900) an increase of 2.7% from March 2018. Remember that every Hoffman Estates subdivision is responding & recovering differently if and 'when' a home in the area goes on the market. Sellers are now pretty happy with prices or have decided that now is a good time to move. How about you? Are you thinking of moving?With our overall amount of inventory we are still in a sellers market. Inventory has actually increased from 2018 slightly in Hoffman Estates. Homes actually closing is down from 2018 by 33%.Homes going under contract decreased over 2018 by 6% just because there isn't a good enough supply or the home and buyer are not a good match. Market time for homes going under contrac...
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