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Elgin Market Trends for April 2015

By
Real Estate Sales Representative with RE/MAX Suburban

Elgin Market Trends for April 2015

Elgin home sales for the month of April rose in volume by 26.3% when compared to last year, while the median sale price decreased by 4.9% from $152,500 to $145,000. The number of Single Family homes sales rose by 15.2%, while the median sale price decreased by 3.8% from $160,000 to $154,000. Condo/townhome sales rose by 70%, while the median sale price decreased by 4.2% from $131,070 to $125,500.

» View homes for sale in Elgin   » View all recent sales in Elgin

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2015 Midwest Real Estate Data LLC. All rights reserved.

Median Sale Prices for Elgin

126k
105k
130k
152k
140k
153k
140k
168k
167k
143k
137k
150k
145k
144k
149k
145k
1/14 2/14 3/14 4/14 5/14 6/14 7/14 8/14 9/14 10/14 11/14 12/14 1/15 2/15 3/15 4/15

Number of Sales for Elgin

114
86
115
99
128
156
153
142
130
155
109
122
94
69
114
125
1/14 2/14 3/14 4/14 5/14 6/14 7/14 8/14 9/14 10/14 11/14 12/14 1/15 2/15 3/15 4/15

Real Estate Sales for April in Elgin

  April Year to Date (Jan 1 - May 1)
  2014 2015 Change 2014 2015 Change
Homes Sold 99 125 +26.3% 414 402 -2.9%
(Single Family) 79 91 +15.2% 304 310 +2%
(Condos/Townhomes) 20 34 +70% 110 92 -16.4%
Median Sale Price $152,500 $145,000 -4.9% $127,450 $145,000 +13.8%
(Single Family) $160,000 $154,000 -3.8% $144,049 $157,000 +9%
(Condos/Townhomes) $131,070 $125,500 -4.2% $101,500 $123,000 +21.2%
Days on Market 28 42 +50% 35 46 +31.4%
(Single Family) 31 31 0% 37 41 +10.8%
(Condos/Townhomes) 20 57 +192.3% 30 60 +103.4%
sold_home_2x

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Thinking of selling your home in Elgin? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

Comments(2)

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

thanks for another market update. I like reading about the rest of the market in the country!

Apr 30, 2015 10:52 PM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

You are all over the blog roll today..good for you and happy Friday as well!

Apr 30, 2015 11:06 PM