Tuesday, November 20, 2018

Downers Grove single family home sales this year (median price up $90K from 2013)

The Downers Grove downtown is a mix of  vintage buildings and new developments but has a classic small town community feel. All photos Eric Rojas, Kale Realty
We were in Downers Grove  over the last couple weeks looking at homes for our clients. Each year we have long time clients make the decision to sell their city condo or house and move the suburbs.  The most popular destinations for our clients the last several years are towns along the BNSF train line.  Downers Grove is often in the mix.
Downers Grove has two popular train stations servicing downtown Chicago.
Downers Grove sold homes January 1st to November 16th, 2018
About 575 single family homes have been sold and closed according to MREDLLC.com records so far this year. The median price of a closed home is approximately $383,500.

The highest priced sold home is 4915 Seeley Ave, Downers Grove IL 60515 for $1,460,000. The 2015 build sits on a 60' by 200' lot.  Eleven homes have sold over $1,000,000 this year.  The lowest sold house is 6205 Dunham Road, Downers Grove IL 60516 for $133,000.  A small frame home sits on an enormous 196'x305' lot.

There is a good mix of vintage and new construction mixed use buildings making up downtown Downers Grove.

In 2017, 613 homes sold over the same period with a median price of $375,000 over the same period.
In 2016, 575 homes sold with a median price of $340,000.
Going back five years to 2013, 545 homes closed with a median price of only $292,000.

We help buyers and sellers make the transition to the suburbs.  Just ask our clients!
If you are moving from the city (boooooo) we help you sell in Chicago and buy in the burbs of your choice.

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