93% is only a number and numbers can be very misleading. There are some homes priced to sell in Downers Grove and there still many houses that I think are overpriced. As a professional in Downers Grove it really depends on the home you are looking at. I would suggest you and the agent you choose do their homework before any offers are made. It is still a buyers market and you should be able to get what you want at a very good price.
Baird and Warner
According to the MLS, the avg. 3 BR home in DG is selling for about 93% of the final list price. This varies with the exact type of house and neighborhood, and is probably not your best guage when making an offer. Prices have been falling over the past year, and it has taken some time for sellers to realize how they need to price their homes in today's market. A professional familiar with the area will compare the house you want with similar houses on the market in the neigborhood to come up with a good idea of what the house is worth today.
Hope this helps!
What's left? There are currently 447 active right now. Average list price is $531,201 and days on market 250 days.
The ratios are at 96% for all 4 BR's in Downers. That is at 96% with an average list of $586,800 and average sale of $565,127.
Let me know if there is anything else I can help you with. Enjoy!