Thursday, March 05, 2015

Single family housing statistics for February 2015 in Addison, IL 60101

Real estate appraiser Michael Walsh looks at single family home prices in Addison, Illinois and shares has market analysis in this video.

According to MRED MLS statistics for the last twelve months for MLS area 101 Addison, the median sales price for Detached Housing increased +5.8% average marketing time declined -14.5% to 94 days on the market, and there is currently a 5.3 month supply of inventory. This level is considered in balance. REO & Short Sales account for approximately 38% of total sales.

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