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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.
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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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