Downers Grove Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Downers Grove home sales for the month of February rose in volume by 35.1% when compared to last year, while the median sale price rose by 1.2% from $324,000 to $328,000. The number of Single Family homes sales rose by 52.2%, while the median sale price decreased by 10.5% from $390,000 to $349,000. Condo/townhome sales rose by 7.1%, while the median sale price decreased by 22.4% from $167,500 to $130,000.

» View homes for sale in Downers Grove   » View all recent sales in Downers Grove

Median Sale Prices for Downers Grove

339k
300k
317k
324k
324k
338k
342k
360k
365k
342k
312k
320k
345k
259k
292k
328k
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 Downers Grove

45
50
29
37
67
88
109
89
101
97
62
48
57
60
48
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 Downers Grove

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 37 50 +35.1% 72 104 +44.4%
(Single Family) 23 35 +52.2% 47 73 +55.3%
(Condos/Townhomes) 14 15 +7.1% 25 31 +24%
Median Sale Price $324,000 $328,000 +1.2% $318,500 $320,500 +0.6%
(Single Family) $390,000 $349,000 -10.5% $360,000 $350,000 -2.8%
(Condos/Townhomes) $167,500 $130,000 -22.4% $145,000 $130,000 -10.3%
Days on Market 38 65 +71.1% 45 51 +13.5%
(Single Family) 48 58 +20.8% 49 58 +18.4%
(Condos/Townhomes) 25 66 +164% 32 42 +31.3%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Downers Grove? 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 Downers Grove?


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.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
982,431

Marco Amidei

Ask me a question
*
*
*
*
Spam prevention

Additional Information