(PRWEB) April 25, 2013
There were mixed results for the number of closed sales for attached and detached homes, condos, and townhome for sale in Hoffman Estates. The number of closed sales for attached homes increased from 19 closed sales in March 2012 to 23 closed sales in March 2013. Whereas, the number of closed sales for detached homes fell from 29 closed sales for March 2012 to 27 closed sales for March 2013. There were also mixed results for the median sales price for both attached and detached homes sold in March 2013. The median sales price for attached homes fell from $ 63,500 in March 2012 to $ 60,000 in March 2013. However, the median sales price for detached homes rose from $ 206,000 in March 2012 to $ 214,000 in March 2013. The number of Hoffman Estates homes for sale dropped in March 2013 for both attached and detached homes. The number of attached homes for sale fell from 146 homes in March 2012 to 82 homes in March 2013, and the number of detached homes for sale dropped from 173 homes in March 2012 to 119 homes in March 2013. There were mixed results in the number of new listings for the area, as the number of new listings for attached homes rose from 36 new listings in March 2012 to 39 new listings in March 2013, but the number of new listings for detached homes fell from 53 new listings in March 2012 to 51 new listings in March 2013. There was a decrease in the months supply of inventory for both attached and detached homes in the area. The months supply of inventory for attached homes fell from 8.6 homes in March 2012 to 3.0 homes in March 2013, and the months supply of inventory for detached homes dropped from 7.6 homes in March 2012 to 3.8 homes in March 2013. There were also mixed results for the market time for both attached and detached home, townhomes, and condos in Hoffman Estates. The average number of days attached homes remained on the market increased from 90 days in March 2012 to 110 days in March 2013, and the number of days detached homes remain on the market decreased from 186 days in March 2012 to 93 days in March 2013.
Welcoming his 12th year of Real Estate experience, John Herman effectively turns buyers into owners, and closes listings successfully with Barrington Real Estate, Illinois. Clients are quickly referred to as guests in his home market, welcoming everyone to his performance standards uniquely separating him from the competition. Johns diligent work with clients earned him a 2011 Five Star Professional Award. As a daily hard working Realtor, John has made it in the top 7% of Real Estate agents granted this award. With his Masters Degree, John is also certified in Foreclosure and Short Sale transactions along with certification as an Accredited Home Buyer Representative. John and his team are localized experts with over 20 years of real estate experience within the beautiful area of Chicago. John Herman controls the necessary actions to position the right inspector, plumber, or resourceful help needed to close every deal properly.
