Comparing the first quarters of 2007 and 2008 we can see that the number of homes sold has doubled.
As this graph shows, the value in the first quarter of 2007 spiked, but may be scewed since there were only 8 properties sold in that period. To get a more complete view of the Wood Dale market take a look at the annual numbers from March (0 comments)
wood dale real estate market: Wood Dale Real Estate - Good News for Home Prices
- 03/02/08 02:46 PM
A recent Multiple Listing search for Wood Dale, IL, homes shows that even though the number of homes sold has been decreasing, the home prices have been climbing. The information was broken down into one year increments dating back three years. The graph above shows that the number of homes sold is down about 58% versus 3 years ago. Although the number of homes sold is down significantly the price has been on the rise. See the bar graph below. From the 24-36 month range to the 12-24 month range the mean price of sold homes increased by just over $4,500. In the last 12 months prices rose just over (0 comments)
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Richard Parr
Home Security Specialist - Greater New Orleans,...