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Health & Fitness

Glen Ellyn Real Estate Agents Release Traditional Home Sales Report for September, 2012

Team Bowers Glen Ellyn, Illinois real estate agents release the most important statistics for home owners in Glen Ellyn. Review traditional home sale statistics for the last 3 months here.

Team Bowers Glen Ellyn, IL real estate agents have compiled the following Glen Ellyn real estate statistics for home owners in Glen Ellyn, people looking to buy a home in Glen Ellyn, and people interested in selling a house in Glen Ellyn, Illinois.

As the title states, the reports below are for traditional home sales only. So what are “traditional” home sales? Traditional home sales are the home sales where the home owner did not sell their home as a short sale or foreclosure. Years ago, there wasn’t much of a need to make distinctions between the different types of homes sales because the vast majority were traditional home sales. Due to the current economic and real estate market conditions, it is extremely important to analyze each sale type differently because each sale type belongs to a different pricing tier.

Traditional sales fetch the most money because they are in good condition and can close quickly. Short sales sell for less money than traditional sales because short sales require a lengthy process to complete and take months to close. Foreclosures are the lowest price tier because they are generally in much worse condition than traditional sales and short sales and the banks that own the properties are willing to sell them for substantially less money because they are in bad condition or the bank wants the properties off their books.

Find out what's happening in Glen Ellynwith free, real-time updates from Patch.

 

Glen Ellyn, IL - Homes For Sale: September, 2012

City Bedrooms # of Homes For Sale # of Homes Sold # of Homes Not Sold Median List Price Median Sold Price Sold - Avg Days On Market Not Sold - Avg Days On Market Glen Ellyn 1 11 0 11 $87,900 $0 0 103 Glen Ellyn 2 65 5 60 $124,900 $88,500 139 205 Glen Ellyn 3 88 13 75 $329,000 $236,500 141 140 Glen Ellyn 4 128 7 121 $549,000 $385,000 211 133 Glen Ellyn 5 51 1 50 $619,900 $520,000 216 152 Glen Ellyn 6 4 0 4 $1,650,000 $0 0 84 Glen Ellyn 7 1 0 1 $405,000 $0 0 186 Glen Ellyn 8 2 0 2 $1,350,000 $0 0 320

 

Find out what's happening in Glen Ellynwith free, real-time updates from Patch.

Glen Ellyn IL - Homes For Sale: July 1 , 2012 - September 30, 2012

City Bedrooms # of Homes For Sale # of Homes Sold # of Homes Not Sold Median List Price Median Sold Price Sold - Avg Days On Market Not Sold - Avg Days On Market Glen Ellyn 1 14 1 13 $87,900 $72,600 153 123 Glen Ellyn 2 95 27 68 $129,900 $117,500 128 210 Glen Ellyn 3 135 42 93 $329,900 $307,400 126 150 Glen Ellyn 4 195 55 140 $499,900 $385,000 176 143 Glen Ellyn 5 69 13 56 $625,000 $635,000 133 168 Glen Ellyn 6 5 0 5 $1,650,000 $0 0 108 Glen Ellyn 7 1 0 1 $405,000 $0 0 186 Glen Ellyn 8 2 0 2 $1,350,000 $0 0 320

 

Team Bowers Realtors provide the above city-level, Glen Ellyn real estate statistics because home owners and home buyers are always asking, "How is the Glen Ellyn real estate market doing?" In reality, the above statistics are interesting city-level figures and for most curious Glen Ellyn home owners, these statistics will suffice; however, if you are looking to sell a house in Glen Ellyn or if you are interested in purchasing homes for sale in Glen Ellyn, you need much more localized statistics because the real estate markets in Glen Ellyn vary greatly by subdivision.

Team Bowers Realtors provides localized statistics at a subdivision level and at a bedroom count level for every subdivision in Glen Ellyn, IL on our website at www.teambowersrealtors.com.

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