Hinsdale Real Estate - Clarendon Hills Real Estate
Mary Strong, Broker, ABR - Real Estate Consultant for Hinsdale, Clarendon and Chicago's Western Suburbs. If you would like to see market statistics for your town, please email me and I will get those statistics posted
Check out how your town is holding up through this real estate cycle. The following statistics are year 2007 over year 2008 for detached housing.
According to the Midwest Real Estate Data LLC year to date December 2008 vs December 2007 provided by the Multiple Listing Service of Northern Illinois, Clarendon Hills had 24% decline in the number of sales vs 2007. The median sale price decreased 22% to $576,750. For the year 2007 vs 2006, Clarendon Hills has 11.5% increase in the number of sales and 0.7% increase in the average price sold.
For the first quarter of 2009: Clarendon Hills had a 13% decline in the number of homes sold, and a median sale price decline of 11%.
Hinsdaleyear to date through December 2008 vs December 2007 had a 14% decline in the in the number of homes sold and a median sale price decrease of 11% to $921,000. For the year 2007 vs 2006, the number of homes sold declined 16.9% with an average price increase of 12.8%.
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For the first quarter of 2009: Hinsdale real estate had a 13% decline in the number of homes sold, and a median sale price decline of 35%.
Westmont year to date through December 2008 had a 9% decline in the number of homes sold, no change in the median sale price to $315,000, and an average price decrease of 8%. For the year 2007 vs 2006 the number of homes sold declined 35.2% with an average price decline of 4.3%.
For the first quarter of 2009: Westmont had a 55% decline in the number of homes sold, and a median sale price decline of 21%.
Downers Grove year to date through December 2008 had a 19% decline in the number of homes sold, and a 6% decrease in the median sale price to $378,000. For the year 2007 vs 2006 the number of homes sold declined 20.5% with an average price increase of 5.2%.
For the first quarter of 2009: Downers Grove had a 21% decline in the number of homes sold, and a median sale price delcine of 29%.
Burr Ridge year to date through December 2008 had a 38% decline in the number of houses sold with a 3% increase in the median sales price to $815,000. The average sale price decreased 17%. For the year 2007 vs 2006 the number of homes sold declined 17.7% with an average price increase of 0.4%.
For the first quarter of 2009: Burr Ridge had a 36% increase in the number of homes sold, and a median sale price decline of 25%.
Western Springs year to date through December 2008 had less than a 1% increase in the number of homes sold with a 5% decrease in the median price sold to $524,500. For the year 2007 vs 2006 the number of homes sold declined 13.1% with an average price increase of 7.5%. For the first quarter of 2009: Western Springs had a 62% decline in the number of homes sold, and a median sale price decline of 19%.
Oak Brook year to date through December 2008 had a 49% decline in the number of homes sold with a 14% decrease in the median sales price to $807,500.
LaGrange year to date through December 2008 had a 22% decline in the number of homes sold with a 14% decrease in the median sales price to $475,000. For the first quarter of 2009: LaGrange had a 19% decline in the number of homes sold, and a median sale price increase of 6%.
For a free detailed market analysis, please call me at 630-606-9051 or email me at:? mary@marystrong.com
Data taken from the Multiple Listing Service of Northern Illinois.? Information not guaranteed.
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Mary Strong Broker Associate ERA Jensen & Feinstein Realtors LLC 19 W. Chicago Avenue Hinsdale, IL 60521