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Lombard Market Trends for June 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Lombard home sales for the month of June decreased in volume by 18.4% when compared to last year, while the median sale price rose by 3.3% from $261,000 to $269,500. The number of Single Family homes sales decreased by 21.4%, while the median sale price rose by 12.8% from $274,000 to $309,000. Condo/townhome sales decreased by 10%, while the median sale price decreased by 9.9% from $202,500 to $182,500.

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Median Sale Prices for Lombard

275k
264k
255k
261k
264k
248k
240k
280k
249k
265k
265k
245k
260k
281k
262k
269k
3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20

Number of Sales for Lombard

55
80
95
76
81
74
60
73
60
57
32
39
55
60
56
62
3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20

Real Estate Sales for June in Lombard

  June Year to Date (Jan 1 - July 5)
  2019 2020 Change 2019 2020 Change
Homes Sold 76 62 -18.4% 322 307 -4.7%
(Single Family) 56 44 -21.4% 216 207 -4.2%
(Condos/Townhomes) 20 18 -10% 106 100 -5.7%
Median Sale Price $261,000 $269,500 +3.3% $264,950 $265,000 0%
(Single Family) $274,000 $309,000 +12.8% $294,250 $292,500 -0.6%
(Condos/Townhomes) $202,500 $182,500 -9.9% $186,000 $183,700 -1.2%
Days on Market 8 13 +62.5% 11 16 +52.4%
(Single Family) 8 10 +25% 10 13 +36.8%
(Condos/Townhomes) 13 23 +73.1% 14 24 +74.1%

HomesByMarco sold over 300 homes last year

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Marco Amidei is 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.

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