We have definately seen some highs and lows of the real estate market over the last few years. 2007 was a challenging year for all those trying to sell their homes. Although we still have a hill to climb, we think people are realizing that it is not as bad as it all seems.
A great way to describe this market is that it is an "opportunity market." There are good opportunities to sell and to buy and even to invest. Even though the real estate market has been on a roller coaster this past year, there is still no safer investment than in real estate.
So take advantage of this great "opportunity market." Work with a real estate professionalthat knows your market and has innovative ideas and an extensive marketing plan to get you home sold.
Here are some statistics on available homes currently on the market and statistics on year to date home sales and market times.
Here is a chart of ACTIVE (Single Family) LISTINGS in GLENDALE HEIGHTS and the MARKET TIMES (In days):
Bedrooms | # Active | Avg. LP | Avg. MT |
All | 152 | $257,432 | 162 |
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2 or Less | 4 | $233,975 | 28 |
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3 | 97 | $245,913 | 151 |
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4 | 37 | $278,302 | 216 |
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5 or More | 14 | $288,784 | 133 |
Here are the single family properties that have sold in Glendale Heights since January 1, 2007 to December 31, 2007...
Bedrooms | # Sold | % Sold | Avg LP (Sold) | Avg SP | SP:LP Ratio | Avg MT (Sold) |
All | 126 | 100% | $265,994 | $257,117 | 97% | 142 |
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3 | 83 | 100% | $246,516 | $238,658 | 97% | 139 |
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4 | 40 | 100% | $305,393 | $293,755 | 96% | 153 |
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5 or More | 3 | 100% | $279,567 | $279,300 | 100% | 70 |
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The best decision you can make is a well informed and educated decision. We create value by providing you with all the information needed to make that educated decision!
Our goal is to always provide up to date information about the Glendale Heights real estate market. It is important to know about the Glendale Heights homes for sale and Glendale Heights properties to sale.
You can find more information about:
Glendale Heights homes for sale and Glendale Heights properties for sale
the Village of Glendale Heights
Glendale Heights Park District
Get a Community Report or a Neighborhood Valuation
Or if you are looking to find a home in the Glendale Heights, Bloomingdale, Carol Stream, Dupage County area, please feel free to contact Rick and Lynn Orze of RE/MAX All Pro at 630-339-4022. We would be happy to provide you with information on surrounding communities.
**INFORMATION SOURCE: MULTIPLE LISTING SERVICE OF NORTHERN ILLINOIS (MLSNI)
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