Baird & Warner's Market Report

Downers Grove, IL 60515

Single-Family Homes

www.BairdWarner.com



Downers Grove, IL 60515

Sun Apr 05 2020
This week the median list price for Downers Grove, IL 60515 is $532,400 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has held steady at or around 138. Click here to stay informed with the Downers Grove market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Downers Grove, IL 60515

Sun Apr 05 2020
This week the median list price for Downers Grove, IL 60515 is $532,400 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has held steady at or around 138. Click here to stay informed with the Downers Grove market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Downers Grove market.
Median List Price $532,400
Per Square Foot $240
Days on Market 199
Price Decreased 43%
Price Increased 4%
Relisted 25%
Inventory 138
Median Rent $2,650
Most Expensive $2,195,000
Least Expensive $141,900
Market Action 32
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,092,500 4,120 0.25 - 0.5 acre 4 5 7 2 0 185
$712,499 3,101 0.25 - 0.5 acre 4 4 17 1 2 244
$414,700 2,155 0.25 - 0.5 acre 4 3 64 2 4 188
$285,000 1,137 8,000 - 10,000 sqft 3 2 69 3 2 178