Des Plaines Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Des Plaines home sales for the month of February rose in volume by 11.1% when compared to last year, while the median sale price rose by 14.2% from $194,000 to $221,500. The number of Single Family homes sales rose by 38.9%, while the median sale price decreased by 19.6% from $311,000 to $250,000. Condo/townhome sales decreased by 7.4%, while the median sale price rose by 19.3% from $150,000 to $179,000.

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Median Sale Prices for Des Plaines

240k
255k
209k
194k
229k
244k
249k
222k
260k
239k
239k
260k
215k
233k
225k
221k
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 Des Plaines

89
74
50
45
80
108
118
95
91
98
86
99
75
70
59
50
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 Des Plaines

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 45 50 +11.1% 106 111 +4.7%
(Single Family) 18 25 +38.9% 42 57 +35.7%
(Condos/Townhomes) 27 25 -7.4% 64 54 -15.6%
Median Sale Price $194,000 $221,500 +14.2% $210,250 $224,000 +6.5%
(Single Family) $311,000 $250,000 -19.6% $285,000 $258,000 -9.5%
(Condos/Townhomes) $150,000 $179,000 +19.3% $166,950 $179,500 +7.5%
Days on Market 45 44 -2.2% 40 45 +13.9%
(Single Family) 31 44 +44.3% 38 44 +15.8%
(Condos/Townhomes) 62 34 -45.2% 40 48 +21.5%

HomesByMarco has sold 28 homes in Des Plaines

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

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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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