Western Springs Market Update April 2013
The real estate market in Western Springs starting to heat up. After several years of falling or stagnant home values, the average selling price is finally starting to increase consistently. The average time a home spends on the market in Western Springs is only 47 days. This is significantly lower than the national average. This is a very positive sign that the local market will continue trending upwards for the immediate future. Sellers should expect a well-priced home to receive an offer in relatively short time frame. Buyers should be aware that the Western Springs real estate market is somewhat competitive and they should be prepared to make competitive offers.
Western Springs Real Estate Report Summary
The median list price in April for single family homes in Western Springs is $647,450. The list prices dropped by -0.39% from the previous month.
The price per square foot for listings in this area is $249.
The median sale price in January forsingle family homes is $365,000. The sale prices dropped by -20.47% from the previous month.
Find Homes For Sale in Western Springs
Visit my website to search homes for sale in Western Springs or to be notified when Western Springs homes come on the market.
To find out what your Western Springs home is worth email me or call 773-343-6375.