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Western Springs Market Trends for August 2015

By
Real Estate Sales Representative with RE/MAX Suburban

Western Springs Market Trends for August 2015

Western Springs home sales for the month of August rose in volume by 35.3% when compared to last year, while the median sale price decreased by 8.6% from $640,000 to $585,000. The number of Single Family homes sales rose by 13.3%, while the median sale price rose by 4.2% from $650,000 to $677,500. Condo/townhome sales rose by 200%, while the median sale price rose by 62.7% from $279,500 to $454,663.

» View homes for sale in Western Springs   » View all recent sales in Western Springs

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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 Western Springs

515k
530k
587k
640k
539k
450k
795k
440k
618k
336k
559k
833k
745k
594k
557k
585k
5/14 6/14 7/14 8/14 9/14 10/14 11/14 12/14 1/15 2/15 3/15 4/15 5/15 6/15 7/15 8/15

Number of Sales for Western Springs

21
27
9
17
18
12
6
13
5
6
17
22
23
26
17
23
5/14 6/14 7/14 8/14 9/14 10/14 11/14 12/14 1/15 2/15 3/15 4/15 5/15 6/15 7/15 8/15

Real Estate Sales for August in Western Springs

  August Year to Date (Jan 1 - September 1)
  2014 2015 Change 2014 2015 Change
Homes Sold 17 23 +35.3% 74 139 +87.8%
(Single Family) 15 17 +13.3% 66 127 +92.4%
(Condos/Townhomes) 2 6 +200% 8 12 +50%
Median Sale Price $640,000 $585,000 -8.6% $551,125 $607,000 +10.1%
(Single Family) $650,000 $677,500 +4.2% $571,200 $620,000 +8.5%
(Condos/Townhomes) $279,500 $454,663 +62.7% $375,000 $367,163 -2.1%
Days on Market 38 15 -60.5% 20 27 +38.5%
(Single Family) 38 29 -23.7% 18 28 +60%
(Condos/Townhomes) 184 4 -97.8% 59 12 -79.5%
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HomesByMarco sold over 300 homes last year

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