The Chicago real estate market as seen by a local appraiser
Friday, July 31, 2015
Single-family home prices are increasing in Plano Illinois
This video shows a market analysis performed by Michael Walsh appraiser for single-family homes in the village of Plano Illinois. Median sales prices have been increasing over the last 36 months and last year the median sales price increased 4.9% over the prior 12 months. The average marketing time is 99 days on the market. Right now this for mom's worth of unsold single-family inventory on the market, this level is considered in balance, and in the last year distressed properties accounted for approximately 42% of total sales.
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