The Arlington Heights housing market is currently in a seller’s market, with homes selling quickly and for above asking price. The median home price in Arlington Heights is currently $415,000, and there are only 180 active listings on the market. This means that buyers are competing for a limited number of homes, and they are often willing to pay more than the asking price in order to secure their dream home.

There are a number of factors contributing to the current seller’s market in Arlington Heights. One factor is the low inventory of homes for sale. The number of homes on the market has been declining for several years, and this trend is expected to continue in the near future. This low inventory is putting upward pressure on home prices, as buyers are willing to pay more for a home that is available.

Another factor contributing to the seller’s market is the strong demand for homes in Arlington Heights. Arlington Heights is a desirable place to live, with a strong school system, a variety of amenities, and a convenient location. This strong demand is driving up home prices, as buyers are willing to pay more to live in this desirable community.

If you are thinking about buying or selling a home in Arlington Heights, it is important to be aware of the current market conditions. The seller’s market is likely to continue for the foreseeable future, so buyers should be prepared to compete for homes and be willing to pay above asking price. Sellers, on the other hand, should expect to get top dollar for their homes in this strong market.

If you would like more information on the Arlington Heights housing market, or if you would like to discuss your specific needs, please contact me today. I would be happy to help you find your dream home or get the best possible price for your current home.

Contact me today to learn more about the Arlington Heights housing market!