Special offer

Villa Park Real Estate Market Trends, October 1, 2007

By
Real Estate Broker/Owner with ThinkFree Realty

Market Trend Reports - ThinkFree RealtyHere is the most Up To Date Market Trends for Villa Park. Each week we take a snapshot of the market. This Altos Research Real-time Market Profile (TM) is the most up-to date market information available. The Profile shows you not only pricing and market numbers, but also trends in those numbers.


 

 

THIS WEEK
The median single family home price in VILLA PARK this week is $1595000.

Villa Park Real-Time Market Profile

The Market Action Index has been trending down lately, while inventory is climbing. These trends imply a weakening market.

PRICE
The market continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index as a  leading indicator for how long this trend will last.

Villa Park Median Price

SUPPLY AND DEMAND
Local conditions are currently quite strongly in the Buyer's Market zone (below 30). The 90-day Market Action Index stands at 14. With several months of inventory available at the current sales rate, buyers should find ample choice.

Villa Park Market Action Index

QUARTILES
Investigate the market in quartiles-where each quartile is 25% of the homes

Villa Park Characteristics per Quartile

Quartile 1 is Most expensive 25% of homes

Quartile 2 is Upper-middle 25% of homes

Quartile 3 is Lower-middle 25% of homes

Quartile 4 is Least expensive 25% of homes

Bob Coan -ThinkFree Realty

Here are some FREE Real Estate Tools for Villa Park Home Buyers and Sellers

1) Request a Free 12 Page Market Trends Report for Villa Park

2) Homes for sale in Villa Park

3) Find Out How Much Your Home is Worth

4) Search for Neighborhoods similar to Villa Park

5) Request a Home Tour in Villa Park

6) Search Local MLS, market data, featured listings in Villa Park

7) Relocation resources

8) First time buyer resources

 

Comments (0)