Burr Ridge Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Burr Ridge home sales for the month of February decreased in volume by 37.5% when compared to last year, while the median sale price rose by 12.1% from $646,500 to $725,000. The number of Single Family homes sales decreased by 33.3%, while the median sale price rose by 0.4% from $724,500 to $727,500. Condo/townhome sales decreased by 50%, while the median sale price decreased by 3% from $556,500 to $540,000.

» View homes for sale in Burr Ridge   » View all recent sales in Burr Ridge

Median Sale Prices for Burr Ridge

596k
493k
522k
646k
570k
700k
519k
395k
512k
525k
650k
517k
655k
572k
525k
725k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Burr Ridge

18
18
8
8
17
23
28
21
15
21
8
21
7
22
13
5
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Burr Ridge

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 8 5 -37.5% 19 18 -5.3%
(Single Family) 6 4 -33.3% 16 12 -25%
(Condos/Townhomes) 2 1 -50% 3 6 +100%
Median Sale Price $646,500 $725,000 +12.1% $630,000 $552,500 -12.3%
(Single Family) $724,500 $727,500 +0.4% $697,250 $634,500 -9%
(Condos/Townhomes) $556,500 $540,000 -3% $450,000 $314,000 -30.2%
Days on Market 73 20 -72.4% 65 59 -10%
(Single Family) 65 53 -17.8% 61 67 +9.8%
(Condos/Townhomes) 136 12 -91.1% 115 59 -49.1%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Burr Ridge? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

Do you have any questions about Burr Ridge?


Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. 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.

© 2020 Midwest Real Estate Data LLC. All rights reserved.

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