Here is a comparison of 2007 vs. 2008 for the Downers Grove, Illinois Real Estate Market. I am comparing closed single family & attached homes from Jan. 1, 2007 thru Dec. 31, 2007 vs. Jan 1, 2008 thru Dec. 31, 2008.
1/1/2007 thru 12/31/2007
Single Family Homes
420 single family homes closed during this time period.
The average sales price was $489,357
The average days on the market was 151 days
The average list to sales price was 96%
Attached Homes
210 attached homes closed during this time period.
The average sales price was $198,301
Average days on the market was 99 days
Average list to sales price was 97%
From January 1, 2008 thru December 31, 2008
Single Family Homes
342 single family homes closed during this time period. (78 less than 2007)
The average sales price was $451,796 (down 8% from 2007)
Average days on the market was 196 days (45 days of a longer market time)
Average list to sales price was 94% (down 1% from 2007)
Attached Homes
145 Attached homes closed (65 less than 2007)
The average sales price was $211,685 (up 7% from 2007)
The average market time was 202 days (103 days of a longer market time)
The average list to sales price was 96% (down 1% from 2007)
For more information on selling your home in Downers Grove, Illinois contact:
Laura Karambelas-Realtor
Baird & Warner
View my website at: www.bairdwarner.com/laura.karambelas
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