1808 N Arlington Heights Road Arlington Heights, IL 60004 847.577.9797 | remaxsuburban.com
Real Estate Market Report | November 2017
Each Office Independently Owned and Operated.
Bonnie Rooney
Hunting Ridge
Broker, GRI, CDPE, SFR
847.977.4715
RooneyRealEstate@gmail.com www.BonnieRooney.com
Serving the Palatine Area for Over a Decade! Visit www.HuntingRidgeHomes.com for current market activity, community information, and more.
Do We List During the Holidays, Wait Until the New Year, or Hold Off Until Spring?
Real estate sales during the holidays and winter season have seen an upswing in recent years. Research indicates this trend is due to holiday gatherings offering families the opportunity to discuss future needs without the interference of hectic work and daily schedules. And, of course, as we all know the New Year offers the feeling of a fresh start! The Advantage of Listing Before the Holidays Research also reveals that online home searches have risen dramatically. Take advantage of this increased exposure by ensuring your home is professionally marketed with great photos and a detailed description. Worried about selling over the holiday? Remember that most people searching are in the “looking phase” and you can control the final closing date, but be ready to sell your home in early 2018. The Advantage of Listing in Early 2018 If the holiday season is too busy to prepare your home for sale, then look to list it in the first few months of the
year to capitalize on re-energized home buyers, those who decided to move during the holidays, and buyers who need to relocate in the New Year. Worried about Missing the Spring Market? No one can predict the future, though if you wait until everyone else lists their home in the spring, your home may not see the exposure you are expecting, especially if there is lower demand!
Seasons Greetings Presented by
BONNIE ROONEY
Your Hunting Ridge Real Estate Specialist and Local Community Neighbor
Even with these new trends, the holiday and winter season inventory is still generally lower and therefore, your home will actually receive more exposure to serious buyers, which can lead to a quicker sale and higher price.
Jonathan and Angela-Marie, For more information on the best time to list your Hunting Ridge home, contact me today at 847.977.4715. I wish you a delightful and prosperous holiday season! Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.847.8631 | ©2017
Prepared Especially for Jonathan and Angela-Marie Williamson
HUNTING RIDGE | Market Report
FIVE-STAR ZILLOW REVIEW Bonnie Rooney Broker, GRI, CDPE, SFR
847.977.4715
RooneyRealEstate@gmail.com www.BonnieRooney.com Serving the Palatine Area for Over a Decade!
“Bonnie is an excellent agent and really went to bat for me. The negotiation was very long and difficult due to seller drama, but above all the buyer team maintained a high degree of professionalism and integrity. She had done an amazing amount of homework on the property and the seller to help arrive at a fair price. She recommended superior outside assistance including home inspector, attorney, and a basement water proofing company. The agent service continued after the closing when during the walk through it was discovered that an item included with the sale was missing. Both Bonnie and the attorney worked until the item was returned by the seller. Bonnie Rooney comes highly recommended.” — Kurt F.
Jonathan and Angela-Marie, If you want to know what your home would sell for in today’s market, please visit www.HuntingRidgeHomes.com for your free report.
HUNTING RIDGE | CURRENT MARKET ACTIVITY
Hunting Ridge Homes Currently Listed Status
Address
Beds
Baths
Estimated Square Feet
Finished Basement
List Price
List Date
Active
1106 W. Peregrine Drive
3
2.0
2,044
No
$364,900
09/26/17
Active
1010 W. Peregrine Drive
5
3.1
3,100
Yes
$425,000
10/08/17
Active
1083 W. Hunting Drive
5
3.0
1,680
Yes
$429,000
07/31/17
Active
1124 W. Illinois Avenue
5
2.1
2,759
Yes
$439,900
08/02/17
Active
849 W. Partridge Drive
5
3.0
2,505
Yes
$449,900
11/09/17
Active
750 S. Harvard Court
4
2.1
2,707
Yes
$450,000
10/30/17
Active
813 W. Exner Court
5
3.1
3,510
No
$524,900
08/19/17
Active
1132 W. Skylark Drive
6
3.1
3,360
Yes
$525,000
10/06/17
Active
1100 W. Hunting Court
5
2.1
2,716
No
$529,900
09/05/17
Active
663 S. Mallard Drive
6
3.1
3,671
Yes
$595,000
07/20/17
Hunting Ridge Homes Currently Under Contract There is currently 1 home under contract in Hunting Ridge. For more information on this home, call me today at 847.977.4715.
Hunting Ridge Homes Sold in the Last 90 Days
ACTIVE PENDING Under Contract
Status
Address
List Price
List Date
Sold Price Sold Date
Sold
825 S. Harvard Drive
Beds 5
Baths Estimated Square Feet Finished Basement 3.1
3,061
No
$450,000
08/26/17
$440,000
10/27/17
Sold
1060 W. Peregrine Drive
4
2.1
2,500
Yes
$524,900
07/07/17
$507,500
10/06/17
Sold
1050 W. Illinois Avenue
5
3.1
3,650
Yes
$499,900
03/28/17
$475,000
08/31/17
Sold
940 S. Mallard Court
4
2.1
2,707
No
$495,000
06/23/17
$489,777
08/15/17
Sold
1011 W. Partridge Drive
5
3.1
3,331
No
$500,000
05/30/17
$490,000
08/15/17
Bonnie Rooney and RE/MAX Suburban are not in any way affiliated with Hunting Ridge Owners Association, nor is this in any way an official advertisement or publication of Hunting Ridge. ©2017 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MRED MLS as of November 13th, 2017. Listings and sales may not be those of RE/MAX Suburban. The National Association of Realtors® and MRED MLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.
Sold ©2017 Google A visual representation of the MLS data on the right page.
HUNTING RIDGE | CURRENT MARKET STATISTICS Average Active Price
$473,350
Average Sold Price
$480,455
Average DOM (Solds)
59
Fast, hassle free approvals and incredible rates HomeTrust’s industry leading experience and fast approvals help you win when you are competing against other buyers. Call me today for a fast and detailed analysis.
5
97 %
Homes Sold
Average SP/LP Ratio
www.hometrustmortgage.com David Geiselhart Office: (847) 517-1700 | Cell: (847) 338-7080 | DGeiselhart@HomeTrustMortgage.com Your Hunting Ridge Mortgage Specialist • NMLS#215362 • Illinois Residential Mortgage Licensee #MB0004560