Friday, July 16, 2010

Downers Grove, IL 60515, 60516 - Current Housing Market

The chart shows the market activity in Downers Grove in the last 30 days based on information from the MRED Multiple Listing Service.

There are currently 414 active listings of detached single family homes as of 07/16/2010.

The median list price is $399,000.00

In the last 30 days there have been 49 closed sales.

The median sales price was $337,500.00

At the current rate of absorption there are 8.45 months of unsold single family inventory in Downers Grove. This level of inventory is considered an over supply.

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