illinois: Darien Illinois Market Report
- 01/04/08 03:11 AM
Darien Single Family Marketing Statistics January 4,2008 Total Number of Active listings: 87 Average list price: $459,909.00 Average days on market: 177 Lowest List Price: $219,900. Highest List Price: $975,000. 2007 Sold's Total Sold: 116 Average List Price: $399,640. Average Sale Price: $381,640. Sales to List ratio 95% 2007 Sold's breakdown: Bedrooms: Number Sold: Average List $ Average Sold $ Sales:List Ratio Average Market Time: 2 or less 1 $254,000. $235,000 93% 116 3 67 $340.255. $325,627 96% 112 4 40 $459,528. $440,019 96% 113 5 or more 8 $615,750. $577,188. 94% 126 Statistics courtesy of the Multiple Listing Service of Northern Illinois (2 comments)
illinois: January 1 brings new Radon Law
- 01/03/08 11:41 AM
The arrival of the New Year also brought the arrival of a new Illinois Law. The Illinois Radon Awareness Act requires the seller of residential property (1-4 units) to provide the buyer with 2 additional documents. The first is a "Disclosure of information on Radon Hazards" form, and the second is a pamphlet on Radon testing guidelines from the Illinois Emergency Management Agency. The new law does not require a seller to test, or engage in Radon mitigation activity. The purpose of this legislation is to increase Radon awareness. (5 comments)