Hinsdale IL Real Estate Market Report 3rd Quarter 2008

Detached Homes On Market: Active Listings In The Madison School Area
Number of Active Listings In The Madison School Area 56  
Number of Listings Under Contract In The Madison School Area 2  
Average Days On Market 207  
Average Asking Price $1,177,806  
Detached Homes On Market: Active Listings In All Of Hinsdale IL
Number of Active Lsitings On market 284
NUmber Of Active Listings Under Contract 24

Average Days On Market

Average Asking Price

245

$1,453,103

 

During the third quarter of 2008, there had been 69 accepted contracts on detsched homes in all of Hinsdale IL (School DIstrict 181 area only). This compares with 17 accepted contracts over the same period in 2007.

During the 3rd quarter of 2008, the average sales price for a detached home in the Madison Grade School area was $916,714 compared to $$1,299,549 in all of Hinsdale. This past quarter, the average marketing time of a house was 248 days whereas it was 199 last year at this time.

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