Real Estate Market Conditions In Hinsdale Illinois

By
Real Estate Agent with Coldwell Banker Residential Brokerage

As of 9/24/07, real estate market conditions continue to be stable relative to the conditions we have experienced in the near western suburbs of Chicago over the past four months. Currently, in Hinsdale IL, we have 358 active listings of detached homes. These properties have an average market exposure time of 218 days on market. Of these 358 homes, 16 are under contract. That means about 4% of the active listing inventory is sold.

Over the past 30 days, there have been 15 new contracts accepted. Over the same marketing period last year, there were 22 accepted real estate contracts.

Hinsdale has an average asking price of $1,464,044 where 72 detached homes are being marketed with asking prices of more than $2,000,000.

Comments (2)

Dave Cheatham
INC Financial - Bartlett, IL
wow.  I never knew then prices.  I could never live there.  Wow.  And to think I lived arounf there as a kid.
Sep 24, 2007 05:56 AM
Tom Davis
Harrington ERA,DE Homes For Sale, $$ Save $$ Buy Today ! - Dover, DE
FREE Delaware Homes Search!, $$ Save $$ - Find Homes! Delaware Realtor

Welcome to Active Rain Bryan!

This is a great network for agents!

Thanks,

Tom Davis

Apr 22, 2010 11:44 AM