Bartlett, Illinois 60103

The village of Bartlett is located approximately 35 miles northwest of the Chicago "Loop" and is part of Cook, Dupage and Kane counties. The village is predominantly residential and covers an area of approximately 15.95 square miles.

Real estate appraisal 60103

 The volume of sales for detached single family homes was down in 2007 according to the Northern Illinois MLS. Bartlett had 360 sales in 2007 and 413 in 2006, volume down by 12.83%. The average sales price in 2007 was $343,065.00, with 125 days on the market. This was a 0.39% increase over the 2006 average of $341,706.00, however, marketing times in 06 were only 85 days.

As of January 3, 2008 there were 219 active listings of detached homes with the MLS. At the current level of absorption this is 7.30 months of available inventory.

Sales volume and prices for attached homes and condominiums declined in 2007. In 2006 there were 274 sales, 2007 only 178, volume down by 35%. Average prices declined 6.58% from the 2006 level of $228,834.00 to the 2007 average of $213,528.00. Days on the market have also increased, in 2007 the average was 123 days, in 2006 the average marketing time was only 84 days.

There are currently 115 active listings of condominiums/attached homes with the MLS. Based on the 2007 t level of absorption this is 7.75 months of available inventory.

Things are slowing down in Bartlett, the inventory level is oversupplied, and points to further declines in 2008. If you have an active listing or need to sell in 2008 now is the time to get an appraisal. The market has changed and only the most competitively priced homes will be selling soon.

How to be sure that your listing is competitive? Get a current appraisal. Complete appraisals of single family homes and condominiums start at $275.00. this is a small price to pay for knowledge that will help you position your house in the current market.

Citywide Services provides residential appraisal service in Bartlett, IL. 60103. Our appraisers are certified by the State of Illinois. We have experience with all types of residential property and appraise single family homes, townhouses, condominiums as well as small residential income properties. When you need an appraisal contact Citywide.

To order an appraisal or to speak with an appraiser call 1-800-405-9718

Village of Bartlett Website

Geographic Area: Bartlett, Du Page County Illinois 60103


Subject Number Percent Subject Number Percent

         Total housing units 23,905 100.0   OCCUPANTS PER ROOM    
UNITS IN STRUCTURE                 Occupied housing units 23,447 100.0
1-unit, detached 15,902 66.5   1.00 or less 22,095 94.2
1-unit, attached 4,720 19.7   1.01 to 1.50 675 2.9
2 units 130 0.5   1.51 or more 677 2.9
3 or 4 units 1,007 4.2        
5 to 9 units 544 2.3             Specified owner-occupied units 18,978 100.0
10 to 19 units 595 2.5   VALUE    
20 or more units 495 2.1   Less than $50,000 32 0.2
Mobile home 512 2.1   $50,000 to $99,999 1,487 7.8
Boat, RV, van, etc. 0 0.0   $100,000 to $149,999 4,969 26.2
        $150,000 to $199,000 6,348 33.4
YEAR STRUCTURE BUILT       $200,000 to $299,999 4,823 25.4
1999 to March 2000 389 1.6   $300,000 to $499,999 1,189 6.3
1995 to 1998 2,077 8.7   $500,000 to $999,999 125 0.7
1990 to 1994 4,886 20.4   $1,000,000 or more 5 0.0
1980 to 1989 4,247 17.8   Median (dollars) 168,400 (X)
1970 to 1979 8,411 35.2        
1960 to 1969 2,832 11.8   MORTGAGE STATUS AND SELECTED    
1940 to 1959 733 3.1    MONTHLY OWNER COSTS    
1939 or earlier 330 1.4   With a mortgage 17,139 90.3
             Less than $300 6 0.0
 ROOMS            $300 to $499 41 0.2
1 room 78 0.3        $500 to $699 342 1.8
2 rooms 491 2.1        $700 to $999 1,715 9.0
3 rooms 1,141 4.8        $1,000 to $1,499 6,705 35.3
4 rooms 2,162 9.0        $1,500 to $1,999 5,088 26.8
5 rooms 3,334 13.9        $2,000 or more 3,242 17.1
6 rooms 4,528 18.9        Median (dollars) 1,484 (X)
7 rooms 4,719 19.7   Not mortgaged 1,839 9.7
8 rooms 3,987 16.7        Median (dollars) 457 (X)
9 or more rooms 3,465 14.5        
Median (rooms) 6.5 (X)   SELECTED MONTHLY OWNER COSTS    
         AS A PERCENTAGE OF HOUSEHOLD    
          Occupied Housing Units 23,447 100.0    INCOME IN 1999    
YEAR HOUSEHOLDER MOVED INTO UNIT       Less than 15 percent 3,824 20.1
1999 to March 2000 3,539 15.1   15 to 19 percent 3,646 19.2
1995 to 1998 7,790 33.2   20 to 24 percent 3,573 18.8
1990 to 1994 6,148 26.2   25 to 29 percent 2,670 14.1
1980 to 1989 3,625 15.5   30 to 34 percent 1,698 8.9
1970 to 1979 1,766 7.5   35 percent or more 3,429 18.1
1969 or earlier 579 2.5   Not computed 138 0.7
             
VEHICLES AVAILABLE                 Specified renter-occupied units 2,607 100.0
None 778 3.3   GROSS RENT    
1 5,308 22.6   Less than $200 10 0.4
2 12,532 53.4   $200 to $299 41 1.6
3 or more 4,829 20.6   $300 to $499 76 2.9
        $500 to $749 1,072 41.1
HOUSE HEATING FUEL       $750 to $999 743 28.5
Utility Gas 22,350 95.3   $1,000 to $1,499 498 19.1
Bottled, Tank, or LP gas 111 0.5   $1,500 or more 138 5.3
Electricity 936 4.0   No cash rent 29 1.1
Fuel oil, kerosene, etc. 8 0.0   Median (dollars) 775 (X)
Coal or coke 0 0.0        
Wood 0 0.0   GROSS RENT AS A PERCENTAGE OF    
Solar energy 0 0.0    HOUSEHOLD INCOME IN 1999    
Other fuel 15 0.1   Less than 15 percent 606 23.2
No fuel used 27 0.1   15 to 19 percent 337 12.9
        20 to 24 percent 291 11.2
SELECTED CHARACTERISTICS       25 to 29 percent 266 10.2
Lacking complete plumbing facilities 59 0.3   30 to 34 percent 308 11.8
Lacking complete kitchen facilities 62 0.3   35 percent or more 715 27.4
No telephone service 108 0.5   Not computed 84 3.2
 
-Represent zero or rounds to zero.    (X) Not applicable.

Source: U.S. Bureau of the Census, Census 2000.

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