elmhurst real estate market: Elmhurst Real Estate Market - 2nd Quarter Comparison - 07/16/08 09:03 AM
A Multiple Listing search for Elmhurst homes shows that even though the number of homes sold has decreased, the home prices have remained about the same as in 2006.  The information was based on 2nd quarter numbers for 2006-2008. 

The bar graph above shows that the number of homes sold is down by about 17.5% compared to 2006. 

The graph above shows the 2nd quarter prices in Elmhurst are about the same as in 2006.   The decrease is just over $8,800 and as a percentage the drop is only 1.7%.  
Although the national media has beating up the real estate industry for the last couple of years, Elmhurst real estate … (1 comments)

elmhurst real estate market: Elmhurst Real Estate Market - 1st Quarter Comparison - 04/01/08 06:22 AM
A Multiple Listing search for Elmhurst, IL, homes, today, shows that even though the number of homes sold is still down, the home prices are beginning to climb.  The information was based on 1st quarter numbers for 2006-2008. 
The bar graph above shows that although the number of homes sold are down about 22%, the last two years are nearly the same.  This could suggest that the demand for homes in Elmhurst is stabilizing.
The graph above shows the prices in Elmhurst have increased just over $4,300 in the 1st quarter of 2008 over 2007.  Compare that to 2006 and see that the prices are only down about $3,400 from where the values were three years ago.  As a percentage the difference is quite … (2 comments)

elmhurst real estate market: Elmhurst Real Estate - Prices Begin to Climb - 02/25/08 05:32 AM
A recent Multiple Listing search for Elmhurst, IL, homes shows that even though the number of homes sold is still down, the home prices are beginning to climb.  The information was broken down into one year increments dating back three years from today. 
 
The bar graph above shows that although the number of homes sold are down about 27%, the last two years are nearly the same.  This could suggest that the demand for homes in Elmhurst is stabilizing.
The graph above shows the prices in Elmhurst have increased nearly $13,000 in the last 12 months.  Compare that to the 24-36 month ranges to see that the prices are only down about $11,000 from where the … (0 comments)

elmhurst real estate market: TODAY'S ELMHURST REAL ESTATE MARKET - 07/25/07 06:21 AM
Single Family Detached Homes Currently on Market
488 Homes actively on the Market Mean List Price is $614,044, the Median is $479,900 List Prices Range from $244,900-$2,100,000 Average Market Time for Active Listings is 172 days 57 Contingent Homes and 9 PendingSingle Family Detached Homes Sold in the Last TWO Months
19 Closed homes Only 7 of the 19 sold for over $500,000 Mean Sold Price is $530,605, the Median is $454,000 Market Time for Solds is 141 days Sold Prices Ranged from $255,000-$1,375,000 Average Markdown from List to Sold Price is 6.64%Elmhurst's home inventory has stabilized since last month, but there are still about a hundred homes more than last year.  The mean sold price returned to about … (4 comments)

elmhurst real estate market: Today's Elmhurst Real Estate Market - 05/22/07 03:20 AM
Single Family Detached Homes Currently on Market
457 Homes on the Market Mean List Price is $644,380, the Median is $529,000 List Prices Range from $250,000-$2,100,000 Average Market Time for Active Listings is 159 days 78 Contingent Homes and 11 PendingSingle Family Detached Homes Sold in the Last TWO Months
21 Closed homes 8 of the 21 sold for over $500,000 Mean Sold Price is $534,213, the Median is $440,000 Market Time for Solds is 224 days Sold Prices Ranged from $262,500-$970,500 Average Markdown from List to Sold Price is 5.48%Elmhurst continues to have an excessive inventory of homes on the market which has increased yet by another 17 homes since my last report.  … (0 comments)

elmhurst real estate market: Today's Elmhurst Real Estate Market - 05/03/07 05:03 AM
Single Family Detached Homes Currently on Market
444 Homes on the Market Mean List Price is $644,512, the Median is $547,900 List Prices Range from $250,000-$1,950,000 Average Market Time for Active Listings is 156 days 66 Contingent Homes and 11 PendingSingle Family Detached Homes Sold in the Last TWO Months
28 Closed homes only 6 of the 28 sold for over $500,000 Mean Sold Price is $485,964, the Median is $437,000 Market Time for Solds is 218 days Sold Prices Ranged from $275,000-$1,075,000 Average Markdown from List to Sold Price is 5.26%Elmhurst has a large inventory of homes on the market which has increased by 8 homes since my last report just two weeks ago.  … (1 comments)

elmhurst real estate market: Today's Elmhurst Real Estate Market - 04/22/07 04:03 AM
Single Family Detatched Homes Currently on Market
436 Homes on the MarketMean List Price is $645,193, the Median is $529,000List Prices Range from $249,900-$1,950,000Average Market Time for Active Listings is 161 days71 Contingent Homes and 6 PendingSingle Family Detatched Homes Sold in the Last TWO Months
23 Closed homesonly 5 of the 23 sold for over $500,000Mean Sold Price is $487,973, the Median is $420,000Market Time for Solds is 210 daysSold Prices Ranged from $259,900-$940,000Average Markdown from List to Sold Price is 4.48%Elmhurst has an abundance of home inventory currently on the market.  This combined with the fact that only 23 homes closed in the last 2 months and that … (1 comments)

 

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