Arlington Heights Market Update (6/18/2008)

In Arlington Heights Illinois there are currently 463 active listings (20 lower then June) for single family homes with prices ranging from $199,900 for a tear down on Arlington Heights road up to $1,895,000 for a 5 bedroom 5 1/2 bath home. There are 64 homes that are under contract and over the past 90 days 95 homes have closed.

A decrease in inventory by 4.1% from June 18th is a good sign that the market is starting to stabilize. An increasing number of buyers are starting to feel this is the "bottom" and are starting the home buying process. If you are thinking about buying a home in Arlington Heights take advantage of the current "Buyer's Market".

Quality homes in good condition that are priced correctly and are properly marketed are still selling. If you are thinking of selling a home in Arlington Heights put the real estate team with the best internet exposure to work for you. Contact the Suburban House Hunters Team today and ask them to show you why they are one of Arlington Heights' top real estate teams.