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Elburn IL Market Report, May 15 2011

By
Industry Observer with Swanepoel T3 Group

Elburn IL Market Report, May 15 2011

The warm days of summer are approaching and home buyers are shopping in Elburn IL for the perfect home.

Elburn IL has a mix of housing types, from farms to town homes to the newer custom homes like those in Blackberry Creek. This semi-custom home at 680 Avon Court was listed May 02 and went under contract on May 09. Listed by Leslie Ebersole and Katie Hemming of Baird & Warner.

Search all the homes for sale in the MLS Search Elburn IL.

If you would to know  “what’s my home worth?” in Elburn IL please give me a call at (630)945-7935. If you would like to receive weekly emails with independent market research from Altos Research, click here.

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Elburn IL Single Family Home Market Update
As of May 15, 2011

2011 Closed Sales : 24
Average Closed Price: $264,667
Average Market Time: 230

Under Contract: 28
Average List Price: $227,404
Average Market Time: 227 Days

Active Listings: 104
Average List Price: $352,659
Average Market Time: 353

Data Provided by MRED, the Multiple Listing Service of Northern Illinois
Information deemed to be reliable but is not guaranteed.

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Elburn Market Trends
Altos Research

Intermediate Chart

 

This post was written by Leslie Ebersole, Baird&Warner Real Estate and originally published on FoxValleyRealEstate.net.

Reproduction or use without written consent of author is prohibited.

Stanley Stepak
Howard Hanna - Avon Lake, OH - Avon Lake, OH
Realtor - Avon Lake, Avon, Bay Village, Westlake,

those are good numbers in the area.  Happy sales

May 15, 2011 03:04 PM
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Leslie, great information about Elburn, IL. Easy for consumers to understand!

May 15, 2011 11:47 PM
Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula
Realty Works Temecula - Temecula, CA
Realty Works Temecula

Leslie:  Congratulations on your listing going under contract so quickly!!!

May 19, 2011 01:05 PM
Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Leslie, congratulations on a very quick sale.  Elburn is such a great city.  I can't wait to see how much it's grown since I moved from there.  Is that great seafood restaurant still there in Elburn?  I can't remember the name but remember it was a huge place and always had great food.

May 20, 2011 10:15 AM