The following statistics are for Bartlett attached and detached single family homes through October 20 2011.
Compared to this time last year, the Bartlett area market sales are actually up 31% (300 sales YTD in 2011 vs 228 sales for the year at this time in 2010). Prices however are down 8% compared to last year ($226,043 average sale price in 2011 vs $245,931 in 2010).
There are still far more homes on the market than buyers but it does seem to be leveling out and becoming more of a balance.
Interest rates are at or below 4%, historical lows!! That coupled with lower prices makes this the best time in history to be a buyer.
Interested in knowing what your options are, give me a call 847-874-6731 or feel free to email me, joe@joestacy.com.
Location Characteristics: An outstanding park district, convenient access to transportation, and a thriving economy make Bartlett a great place to live. Known for its small town ambiance and friendly neighborhood mom-and-pop stores, the City of Bartlett has become one of the best communities in Chicagoland for many reasons. One aspect of Bartlett that attracts new residents is its proximity to convenient transportation. Downtown Bartlett has a Metra Commuter Train Station which provides access to downtown Chicago and other areas of the Northwest Suburbs in less than an hour. Parking at the Metra Station is only a mere $1.00 per day and is payable at the lot! Try finding a better deal in downtown Chicago!
The Bartlett Park District consists of over 380 acres of land for recreational enjoyment. Apple Orchard Community Park, which is 120.5 acres, rests in the heart of the village and includes its own golf course and is home to the Bartlett Aquatic Center. Other features include tennis courts, a baseball field, a skate park, five soccer fields, four softball fields, a covered shelter for picnics, two nicely lit basketball courts, an ice rink and a nature area.
The Village of Bartlett has great shopping with hot retail spots scattered around Route 59, Stearns Road and Army Trail Road. The Bartlett Town Center, which is home to residential living, various shopping outlets and restaurants, continues to attract more and more people to Bartlett's thriving downtown area. Although the community is growing larger, Bartlett will never lose its friendly, small-town charm that it is known for having.
About Joe Stacy:
As a long time resident of the Northwest Suburbs, I look forward to sharing my wealth of knowledge in the Schaumburg, Bartlett and Northwest Suburban Real Estate Market. My unique approach offers fully integrated Marketing Services with a high tech, yet personal touch. 80% of my business is either past clients or past client referrals from both buyers and sellers with varying needs and price ranges. While holding myself to the highest professional and ethical standards, my mission is “To build long term relationships with honesty, hard work and extraordinary service,” so that I may be considered a trusted advisor to my clients for years to come.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.