The Chicago real estate market as seen by a local appraiser
Friday, August 22, 2014
Carol Stream, 60188 - Current market for attached homes
This week real estate appraiser Michael Walsh appraised a condominium in Carol Stream and reports these statistics. According to MRED MLS statistics for the last twelve months for MLS area 188 Carol Stream, the median sales price for Attached Housing increased +14.1%, average marketing time declined -31.1% to 82 days on the market, and there is currently a 3.9 month supply of inventory. This level is considered in balance. REO & Short Sales account for approximately 45% of total sales.