Below is a comparison of CLOSED homes in Oak Brook, Illinois. I have included Year-to-Date sales for 2008 vs. the same time period for 2007. These are sales that have occurred from January 1, 2007 thru July 23, 2007 vs. January 1, 2008 thru July 23, 2008.
2007 Closed Properties
January 1, 2007 thru July 23, 2007
Single Family
39 properties closed with prices from $550,000 to $2,100,000
Attached Properties (condos & town homes)
25 properties closed with prices from $132,500 to $515,000
2008 Closed Properties
January 1, 2008 thru July 23, 2008
Single Family
13 properties closed with prices from $400,000 to $2,250,000
Attached Properties (condos & town homes)
22 properties closed with prices from $150,000 to $944,000
As you can see from this information the SINGLE FAMILY MARKET OFF 26 CLOSED PROPERTIES or approximately 66% from last year. However, the ATTACHED MARKET IS OFF ONLY 3 CLOSED PROPERTIES or approximately 12%.
I am a resident of Oak Brook and up-to-date on current market trends. If you are thinking about buying or selling Residential Real Estate in the Oak Brook area, feel free to give me a call.
Laura Karambelas-Realtor-Associate
**Please note this information is deemed reliable, but not warranted. All statistics were taken from MRED, LLC on 07/23/08***
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