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Elmhurst Market Trends for February 2015

By
Real Estate Sales Representative with RE/MAX Suburban

Elmhurst Market Trends for February 2015

Elmhurst home sales for the month of February decreased in volume by 7.1% when compared to last year, while the median sale price decreased by 9.6% from $403,000 to $364,250. The number of Single Family homes sales decreased by 4.3%, while the median sale price decreased by 21.4% from $560,000 to $440,000. Condo/townhome sales decreased by 20%, while the median sale price decreased by 24.7% from $170,000 to $127,950.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2015 Midwest Real Estate Data LLC. All rights reserved.

Median Sale Prices for Elmhurst

430k
313k
325k
403k
310k
412k
350k
390k
399k
430k
402k
357k
350k
355k
297k
364k
11/13 12/13 1/14 2/14 3/14 4/14 5/14 6/14 7/14 8/14 9/14 10/14 11/14 12/14 1/15 2/15

Number of Sales for Elmhurst

42
38
31
28
46
36
69
71
83
66
46
60
35
55
28
26
11/13 12/13 1/14 2/14 3/14 4/14 5/14 6/14 7/14 8/14 9/14 10/14 11/14 12/14 1/15 2/15

Real Estate Sales for February in Elmhurst

  February Year to Date (Jan 1 - March 11)
  2014 2015 Change 2014 2015 Change
Homes Sold 28 26 -7.1% 70 67 -4.3%
(Single Family) 23 22 -4.3% 55 53 -3.6%
(Condos/Townhomes) 5 4 -20% 15 14 -6.7%
Median Sale Price $403,000 $364,250 -9.6% $356,000 $360,000 +1.1%
(Single Family) $560,000 $440,000 -21.4% $395,000 $420,000 +6.3%
(Condos/Townhomes) $170,000 $127,950 -24.7% $140,000 $278,500 +98.9%
Days on Market 49 46 -6.1% 53 64 +20.8%
(Single Family) 50 51 +2% 59 64 +8.5%
(Condos/Townhomes) 37 7 -82.4% 48 53 +10.4%
sold_home_2x

HomesByMarco sold over 300 homes last year

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