Tuesday, July 17, 2012

Forest Glen home sales increase in Edgebrook, Wildwood schools

A home adjacent to Edgebrook Elementary in Forest Glen, Chicago (photo Eric Rojas)

 We had some business in Forest Glen community area of Chicago over the weekend near Edgebrook Park and the Edgebrook Metra station.  Edgebrook and Wildwood elementary school districts are well ranked and popular among single family home buyers in this area.  You will also find rows of gorgeous brick homes of several eras along sleepy tree lined blocks.

Single family home sales in Edgebrook and Wildwood Schools

In the last 12 months (from the date of this writing) approximately 82 homes closed in the school districts of Edgebrook Elementary and Wildwood Elementary.  The median price is about $385,000.  This will buy you a move-in ready, yet modest three bedroom home of ranch, Georgian or Tudor styles.  Baths can vary from 1 and 1/2 baths to 3 baths.  Style and charm can vary greatly.

2008 - 2012 First Half Sales in Edgebrook, Wildwood
Over the first half of 2012 (January 1st to May 31st) 32 homes sold in the Edgebrook and Wildwood school districts with a median price of about $355,000.  During the same period in 2011, 29 homes sold for a median of about $380,000.

2012 first half:  32 homes sold / median $355,000
2011 first half:  29 homes sold / median $380,000
2010 first half:  20 homes sold / median $500,000
2009 first half:  13 homes sold / median $600,000
2008 first half:  20 homes sold / median $450,000

Choices and prices have definitely improved since 2008.  It's also good to note that a median price house can put you near the Edgebrook Metra station and the small town area along Devon (featuring a handful of useful stores, coffee shops and restaurants).  The median priced house won't be considered large, but, one can definitely find an attractive, well kept home.

More homes sale statistics here!

Statistics gathered and analyzed by Eric Rojas, Real Estate Broker using MREDLLC.com data and tools.  All numbers approximates.