Market Conditions in Burr Ridge : Advice

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Angel Cooper, Real Estate Pro in 60148
Home sales are on the rise in Burr Ridge IL while sales prices are stable for homes valued below $1.2 million.  Right now would be a good time to sell your home unless you have the patience to wait… Read more
Blogged Mon Jul 22, 2013 by Angel Cooper General Area Market Conditions Home Selling
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Cindy Valek…, Real Estate Pro in Downers Grove, IL
Seen on today's Realtor hotsheet (kind of like "heard on Twitter");  Foreclosure condo in Downers Grove - List price was 71,900, sold for 90,000.  Foreclosure condo in La Grange Park - List price… Read more
Blogged Fri Jul 19, 2013 by Cindy Valek Mottl Market Conditions Home Buying Home Selling
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Cindy Valek…, Real Estate Pro in Downers Grove, IL
Yesterday I read a FB post on a competitor's business page (agent and office).  It said that there is a 168 month inventory of luxury homes on the market in Burr Ridge (luxury defined as 1.5 million… Read more
Blogged Thu Jul 18, 2013 by Cindy Valek Mottl Market Conditions Home Buying Home Selling
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Cindy Valek…, Real Estate Pro in Downers Grove, IL
A client wanting to buy a condo in a particular western suburb keeps insisting that I must be keeping listings from her because she is seeing very little. Other than making no sense from the standpoint… Read more
Blogged Wed Jul 17, 2013 by Cindy Valek Mottl Market Conditions Home Buying Home Selling
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Marco Amidei, Real Estate Pro in Libertyville, IL
Townhomes & Condos For Sale in Burr Ridge, IllinoisCurrently for SaleFor SaleAvg. ListMin.MaxAvg. DaysAll42$320,169$121,000$549,0001041 bedroom1$335,000$335,000$335,000332 bedrooms21$282,195$121,000$495,000973… Read more
Blogged Mon Jul 8, 2013 by Marco Amidei Market Conditions Home Buying Home Selling
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Marco Amidei, Real Estate Pro in Libertyville, IL
Single Family Homes For Sale in Burr Ridge, IllinoisCurrently for SaleFor SaleAvg. ListMin.MaxAvg. DaysAll150$1,275,863$149,900$6,499,5271932 bedrooms3$556,163$149,900$779,500633 bedrooms27$683,092$235… Read more
Blogged Mon Jul 8, 2013 by Marco Amidei Market Conditions Home Buying Home Selling
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Cindy Valek…, Real Estate Pro in Downers Grove, IL
Whenever I meet with a potential real estate seller to talk about listing their property, pricing is always the issue of most concern and discussion.  All sellers worry about listing for a price that… Read more
Blogged Mon Jun 24, 2013 by Cindy Valek Mottl Market Conditions Home Buying Home Selling
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Cindy Valek…, Real Estate Pro in Downers Grove, IL
Time for the real estate happy dance for all the sellers of condos and townhouses in Darien, IL.  If you list, you can sell!  Here's why:  A look at the market conditions for May of 2013 compared… Read more
Blogged Thu Jun 6, 2013 by Cindy Valek Mottl Market Conditions Home Buying Home Selling
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Cindy Valek…, Real Estate Pro in Downers Grove, IL
The Burr Ridge real estate market is alive, well and looking sassy... as long as the price of the property is below 1,199,500.  More on that in a moment.  Comparing May 2013 to May 2012 (just those… Read more
Blogged Mon Jun 3, 2013 by Cindy Valek Mottl Market Conditions Home Buying Home Selling
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Cindy Valek…, Real Estate Pro in Downers Grove, IL
Every day I see a new real estate report on market conditions in the Chicago area.  A common theme in all of them is that the prices are, in general, higher than they were when we compare statistics… Read more
Blogged Fri May 24, 2013 by Cindy Valek Mottl Market Conditions Home Buying Home Selling
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Cindy Valek…, Real Estate Pro in Downers Grove, IL
Real estate signs are popping up like spring blossoms in the million dollar-plus neighborhoods of Burr Ridge, perhaps fueled by improving economic news, or the recent sales of a few properties in the area. … Read more
Blogged Wed May 1, 2013 by Cindy Valek Mottl Market Conditions Home Buying Home Selling
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Cindy Valek…, Real Estate Pro in Downers Grove, IL
As I checked the Realtor "hot sheet" this morning (that's the rundown on all the MLS changes on listings - new, price change, under contract, closed, etc. for specified areas) I noticed that a house that… Read more
Blogged Fri Apr 26, 2013 by Cindy Valek Mottl Market Conditions Home Buying Home Selling
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Cindy Valek…, Real Estate Pro in Downers Grove, IL
I've been watching the condo market in Darien and unincorporated Downers Grove for some time now and I've felt like being in that market was like being in the middle of a large, storm-tossed body of water… Read more
Blogged Wed Apr 24, 2013 by Cindy Valek Mottl Market Conditions Home Buying Home Selling
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Cindy Valek…, Real Estate Pro in Downers Grove, IL
Real estate inventory shortages have begun to occur, but not, as I noted a few weeks ago, in the luxury real estate market of Burr Ridge (price range over 1 million).  At the end of March, I noted that… Read more
Blogged Mon Apr 15, 2013 by Cindy Valek Mottl Market Conditions Home Buying Home Selling
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Kevin Hudoba, Real Estate Pro in Wheaton, IL
There is a Low Inventory of Homes for Sale for the Chicagoland area.Looking to Sell?Now is the perfect time to call Kevin.Want to see a detailed report of your home value? Or just want to get an instant… Read more
Blogged Wed Apr 10, 2013 by Kevin Hudoba Market Conditions Home Buying Home Selling
Cindy Valek…, Real Estate Pro in Downers Grove, IL
There are no homes left for sale in Burr Ridge!!!  April Fool!!!  Actually, as of March 31, 2013 there were 118 detached single family homes for sale in Burr Ridge, down from 128 last year at this… Read more
Blogged Mon Apr 1, 2013 by Cindy Valek Mottl Market Conditions Home Buying Home Selling
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Cindy Valek…, Real Estate Pro in Downers Grove, IL
Another snowy day seemed to require brightening with fabulous real estate news.  I went looking for it and found it in the closed listings column of the MRED LLC stats.  I looked at the year to year… Read more
Blogged Mon Mar 25, 2013 by Cindy Valek Mottl Market Conditions Home Buying Home Selling
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Cindy Valek…, Real Estate Pro in Downers Grove, IL
What are real estate prices doing?  Ummm...it depends.  A lot of attention is given to changes in average and median prices, average being a math problem where we add 'em up and divide and median… Read more
Blogged Thu Feb 7, 2013 by Cindy Valek Mottl Market Conditions Home Buying Home Selling
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Cindy Valek…, Real Estate Pro in Downers Grove, IL
Here's a update/correction to the real estate blog I wrote for market conditions relative to detached single family home statistics for Burr Ridge.  My stats come from MRED LLC, the local MLS.  I… Read more
Blogged Wed Jan 16, 2013 by Cindy Valek Mottl Market Conditions Home Buying Home Selling
Cindy Valek…, Real Estate Pro in Downers Grove, IL
My last post about the Burr Ridge real estate market gave information about the inventory of homes on the market in Burr Ridge in terms of the number of months supply.  So just how many properties are… Read more
Blogged Mon Jan 14, 2013 by Cindy Valek Mottl Market Conditions Home Buying Home Selling
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