Wednesday, April 17, 2013
Year-over-year, Elmhurst saw significant growth in the number of homes sold, though the median home price increased only about 6 percent, according to the Mainstreet Organization of Realtors.
The 46 homes sold in Elmhurst during March 2013 represented a 64.3 percent increase over March 2012, when 28 homes were sold, according to the Mainstreet Organization of Realtors (MORe). There were 24 homes sold in Elmhurst during February. While the number of homes sold increased significantly, the median price of homes sold in March increased slightly in Elmhurst. The median price rose 6.8 percent to $375,500 from $351,500 in March 2012. The market for detached, single-family homes in suburbs throughout DuPage County experienced notable sales gains in March, MORe reported. MORe gets its statistics from Midwest Real Estate Data. Glen Ellyn was the only community in DuPage County, to see no change year-over-year in March. Hinsdale had …
Wednesday, March 20, 2013
A look at real estate trends across several DuPage towns.
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Wednesday, March 20
The 24 detached, single-family homes sold in Elmhurst during February 2013 represented a 9 percent increase over February 2012, when 22 homes were sold, according to the Mainstreet Organization of Realtors (MORe). There were 35 homes sold in Elmhurst during January. While home sales were up, the median price of homes sold in February was up even higher in Elmhurst. The median price increased nearly 43 percent, from $282,500 in February 2012 to $403,750 this year. Burr Ridge had the largest percent increase, with 11 homes sold, a 175 percent increase from February 2012. Wheaton saw the second largest percent increase in DuPage County. Downers Grove had the smallest percent change, with a 4.8 percent increase in February over 2012. Overall …
Monday, January 21, 2013
Elmhurst is the only DuPage town that doesn't see growth; median home prices also lower than last year.
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Monday, January 21
The 28 detached, single-family homes sold in Elmhurst during December is exactly the same number of homes sold during the same period in December 2011, according to the Mainstreet Organization of Realtors (MORe). There were 31 homes sold in Elmhurst during November. In addition, the median price of Elmhurst homes sold in December ($367,500) was 3 percent lower than the median price of homes sold in December 2011 ($378,750). The only other DuPage towns that saw a decrease in value year over year were Downers Grove and Glen Ellyn. The market for detached, single-family homes in suburbs throughout DuPage County saw growth in December, MORe reported. MORe gets its statistics from Midwest Real Estate Data. Elmhurst was the only town in DuPage …
Monday, December 17, 2012
Market is showing momentum, poised to end the year on a strong note.
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Monday, December 17, 2012
The 31 detached, single-family homes sold in Elmhurst during November represented a nearly 7 percent increase over November 2011, according to the Mainstreet Organization of Realtors (MORe). This comes on the heels of a strong October, when 44 homes were sold in Elmhurst, a 63 percent increase over October 2011. In addition, the median price of homes sold in November ($315,000) was 23.5 percent higher than the median price of homes sold during the same period in 2011 ($255,000). The market for detached, single-family homes in suburbs throughout DuPage County saw growth in November, MORe reported. MORe gets its statistics from Midwest Real Estate Data. Downers Grove saw the largest percent increase, with 137.5 percent more homes sold year …
Monday, November 19, 2012
Home sales throughout DuPage County are up over 2011, according to the Mainstreet Organization of Realtors.
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Monday, November 19, 2012
The 44 Elmhurst homes sold in the month of October represented a 63 percent increase from October 2011. Elmhurst home sales in October were also up from September, when 41 homes were sold. The market for detached, single-family homes in suburbs throughout DuPage County saw growth in October, according to the Mainstreet Organization of Realtors (MORe). MORe gets its statistics from Midwest Real Estate Data. Glen Ellyn saw the largest percent drop, with 18.2 percent fewer homes sold year over year in October. That shakes out to 18 homes sold in October 2012 compared to 22 sold in October 2011. Overall across the Chicago suburbs, sales of single-family detached homes rose 44.6 percent in October over the same month in 2011, according to MORe…
Wednesday, October 17, 2012
Elmhurst's real estate market got a boost in September in year-over-year comparisons, according to the Mainstreet Organization of Realtors.
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Wednesday, October 17, 2012
Home sales in the Chicago area during September were at a six-year high, according to a recent RE/MAX report—but it was a mixed bag if you were trying to sell property in DuPage County. The number of homes sold dropped in Burr Ridge, Darien, Downers Grove, Glen Ellyn and Hinsdale in September 2012 compared to September 2011, according to the Mainstreet Organization of Realtors (MORe). Burr Ridge saw the number of homes sold fall by 37.5 percent, the greatest in the DuPage sample. However, it also had the smallest number of transactions with five homes sold in Sept. 2012 and eight homes sold in Sept. 2011. The average sale price also dropped in Burr Ridge, falling 19.8 percent year over year. The report was rosier for Elmhurst, Lisle, …
Adam Prospect
12:32 pm on Tuesday, November 20, 2012
So, a few more homes were sold and the title of this article makes it seem like things are all warm and fuzzy, but directly below by just looking at the median price change of the average home in Elmhurst we see a drop of $4,000..... This seems like bad news. more ›