Huntley IL Real Estate Market

Buying or Selling, you need to know the Huntley Market

The number one question I get asked is “How’s The Market?” Whether you are thinking of buying or selling, you need to know the market conditions in order to make an informed decision. You don;t need approximations, you need actual facts that apply to your community of interest.

As the real estate specialist for Huntley IL, I have created this page which takes data from the latest info on the Multiple Listing Service specifically for Huntley IL. The facts are automatically updated, so you can’t get more accurate and relative data about  Huntley IL real estate.

If you want even more specific information, have questions ro want to discuss buying or selling a great home in Huntley IL. call Tony Delisi at 847-471-7177.

Huntley IL Homes - Average Market Time

How long does it take to sell a Huntley IL home on average?

As you can see from the graph (which is automatically updated daily), the market is brisk in Huntley Il and homes don;t last long on the market. That means you need to work with a Realtor who is very familiar with the market and who

 

 

Is It A Buyers Market Or Sellers Market In Huntey IL?

Find out who has the power when buying or selling Huntley IL homes

The graph shows the months supply of homes for sale in Huntley IL.  This tells you a lot about Huntley homes for sale. Most real estate professionals say that when there is a 6 month supply of homes, the market is neutral. If the supply of Huntley homes is above 6 months, there are too many homes for sale and it is a buyers market. That means buyers are few and homes for sale are plenty. When ever supply is high and demand is low, prices fall and buyers have the upper hand in negotiations.

When the supply is less than 6 months, it is a sellers market. There are more buyers than homes and competition for homes is brisk. The prices got Huntley homes will rise.

Another question people ask about the market in Huntley IL is “How much do buyers get off the list price?” The answer may surprise you. Take a look at the graph because the numbers don’t lie. The more the supply exceeds the demand, the less buyers get off.