Trulia Voices Real Estate Q&A in Bolingbrook

Mike
Mike
Home Buyer
60610

I am interested in Bowling Brook - what is the ave days on the Market what is the LP vs SP %

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Dave Eisley
Dave Eisley
Real Estate Pro
Dupage
Thu Jul 17 2008, 14:02

Got a great, classy,townhome for you at 345 Springmist Court in Town Centre. It's a 2 bedroom, 1.5 bath in a private setting, asking $163,900. That's less than it sold for 3 years ago. I have it Open this Sunday, July 20th, from 1:00-4:00pm.

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Janet Infanger
Janet Infanger
Real Estate Pro
60515
Sun Jun 22 2008, 18:55
FIRST ANSWER

Thanks for asking. That is a great question, and I was really surprised when I went to look for the answer.
Average market time for single family homes is 166 days; for townhouses and condos-137 days.
LP vs SP is much higher than I would have thought! For both single family and condos it it 98% of list price. I think that's because seller's paid some closing costs and that is not reflected in those sale prices.
If I could pull stats without seller assistance, I am sure it would be more like 94-95%. Hope that answers your question!

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