Western Springs Real Estate Market Conditions & Reports, Western Springs Market Trends, Illinois

Market Commentary Provided by Bill Vanek

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Bill Vanek
Source One Realty
Hinsdale, Illinois
630-242-6139
vanek1@hotmail.com
Agent Home Page

Nearest Metro Area

Chicago, IL

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

More than 120 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$1,100,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

No Change

Prices As % of Asking Price

95-100%

Multiple Offers?

Greatest Activity

Single-Family Homes

Buyer Activity for the past 90 days in Western Springs is

Seller Activity for the past 90 days in Western Springs is

Is Financing Available For Qualified Buyers in Western Springs?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Reason to Buy/Sell

Good economic news

Average Sold Price

$1,100,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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