MAUREEN BRAND CRS, GRI, SFR, CDPE Each office Independently owned and operated.
847.477.0029
1310 N Roselle Road, Schaumburg, IL 60195 847.230.7001
MaureenBrand@outlook.com www.MaureenBrand.com
POPLAR CREEK & THE LINKS AT POPLAR CREEK
IRENE MARKGRAF SRES, GRI, ABR, SFR
847.951.1749 IreneMarkgraf@outlook.com www.IreneMarkgraf.com
MAY 2019 | REAL ESTATE MARKET REPORT
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2019
Visit www.PoplarCreekandTheLinks.com for community info and recent sales.
HOUSING MARKET IS NORMALIZING IN 2019 30-YEAR FIXED INTEREST RATES 5.3
The real estate market is projected to have a GREAT year in 2019! Interest rates will rise as price appreciation starts to slow to more normal levels.
HISTORIC RATES
5.2 4.9 Q1
5.0
Q3
Q4
Q2
Sales of new and existing homes will climb as more inventory comes to the market!
8.86%
1980
12.7%
1990
8.12%
2000
6.29%
Even with rates rising, you can still secure a lower rate than your parents or grandparents did!
2019
6.24
HOME SALES
HOME PRICES
2018 2019
in millions
6.08
According to CoreLogic’s Home Price Index
Home Prices in 2019 will appreciate by:
4.8%
1970
6.02
6.04
6.07 6.00
6.00 5.96
www.PoplarCreekandTheLinks.com
year-over-year
*Historic normal home price appreciation is 3.6%
Freddie Mac
Fannie Mae
MBA
NAR
Jonathan and Angela-Marie, Call us today to find out how the specific market trends in Poplar Creek & The Links at Poplar Creek could impact your home value! Source: Freddie Mac, Fannie Mae, MBA, CoreLogic & NAR https://www.keepingcurrentmatters.com/2018/12/28/where-is-the-housing-market-headed-in-2019-infographic/
PRESENTED BY MAUREEN BRAND & IRENE MARKGRAF YOUR POPLAR CREEK & THE LINKS AT POPLAR CREEK REAL ESTATE SPECIALISTS
PREPARED ESPECIALLY FOR
Jonathan and Angela-Marie Williams
MAUREEN BRAND CRS, GRI, SFR, CDPE
"I have hired Maureen twice now and can honestly say in my opinion, there is no one better. She is very professional, responsive, and knowledgeable on the homes and the process. I have also recommended Maureen to a friend of mine whom Maureen recently found a condo for." — DJ R.
847.477.0029 MaureenBrand@outlook.com www.MaureenBrand.com
IRENE MARKGRAF SRES, GRI, ABR, SFR
"Wow. My family and I have partnered with Irene to purchase our first home, sell that home, and purchase our second home—we could not have found a more thorough expert to help us with these three transactions." — Eric S.
847.951.1749 IreneMarkgraf@outlook.com www.IreneMarkgraf.com
Active
Pending
Sold
POPLAR CREEK & THE LINKS AT POPLAR CREEK MARKET REPORT Jonathan and Angela-Marie, If you’re curious about your home’s current value, whether for future sale, estate planning, or any other reason, call us today at 847.477.0029 or 847.951.1749. Let our marketing go to work for you!
HOMES CURRENTLY LISTED
A visual representation of the MLS data on the right page. Status
Street Name
Subdivision
Ac ve
Seaver Lane
Links at Poplar Creek
Property Type
Beds
Total Baths
Est. Sq. Ft.*
List Price
2 Story
3
2.1
1,900
$273,000
HOMES UNDER CONTRACT Status
Street Name
Subdivision
Property Type
Beds
Total Baths
Est. Sq. Ft.*
List Price
Pending
Poplar Creek Drive
Links at Poplar Creek
2 Story
2
2.1
1,900
$319,000
Pending
Pebble Beach Drive
Poplar Creek
Ranch
2
2.1
1,400
$259,000
Pending
Pebble Beach Drive
Poplar Creek
2 Story
2
2.1
N/A
$262,900
HOMES SOLD IN THE LAST 180 DAYS ©2018 GOOGLE POPLAR CREEK AND THE LINKS AT POPLAR CREEK
AT A GLANCE
HOMES HO OMES U UNDER NDER C CONTRACT ON NTRACT Status
Address
Subdivision
Property Type
Beds
Total Baths
Est. Sq. Ft.
List Price
Sold Price
Closed Date
Sold
2202 Seaver Lane
Links at Poplar Creek
2 Story
3
3.1
1,900
$317,500
$300,000
04/11/19
AVERAGE ACTIVE LIST PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQFT
NUMBER OF HOMES SOLD
AVERAGE SP/LP RATIO
AVERAGE DAYS ON MARKET
Sold
2223 Seaver Lane
Links at Poplar Creek
2 Story
2
2.1
1,654
$244,900
$233,000
03/01/19
$273,000
$248,944
$144
9
96%
93
Sold
2246 Seaver Lane
Links at Poplar Creek
2 Story
2
2.1
1,400
$225,900
$218,000
01/23/19
Sold
2211 Seaver Lane
Links at Poplar Creek
2 Story
2
3.1
2,054
$294,500
$285,000
10/25/18
Sold
2271 Seaver Lane
Links at Poplar Creek
3+ Stories
2
3.1
1,654
$272,500
$262,000
10/22/18
Sold
1636 Pebble Beach Drive
Poplar Creek
2 Story
2
2.1
1,867
$269,900
$260,000
03/12/19
Sold
1723 Pebble Beach Court
Poplar Creek
2 Story
2
2.1
1,604
$194,900
$185,000
03/11/19
Sold
1682 Pebble Beach Drive
Poplar Creek
2 Story
2
3.1
1,865
$265,000
$255,000
02/27/19
Sold
1784 Monterey Court
Poplar Creek
2 Story
2
2.1
1,604
$249,900
$242,500
12/03/18
Want to know the true value of your Home? Receive the most accurate assessment of your home's value, R provided to you as a complimentary service by Maureen Brand and Irene Markgraf, your Poplar Creek and The Links at Poplar Creek real estate specialists.
www.PoplarCreekandTheLinks.com Maureen Brand, Irene Markgraf and RE/MAX Suburban are not in any way affiliated with Poplar Creek or The Links At Poplar Creek Owners Association, nor is this in any way an official advertisement or publication of Poplar Creek or The Links At Poplar Creek. © 2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MRED MLS between October 22nd, 2018 and April 22nd, 2019. Listings and sales may not be those of RE/MAX Suburban. The MRED MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Square feet rounded down to nearest hundred.