Admin

Elmhurst, IL Real Estate News

By Richard Parr, Home Security Specialist - Greater New Orleans, Louisiana
(ADT Security Services)
Property values in DuPage County are increasing.  Yes, you read that right...increasing.  The data covers the last 3 years and shows that although the number of homes sold is down, the values have increased.  The chart below shows the decline in detached single family homes sales from 2005-2007.The data above confirms what the national media has been saying about the real estate market.  It IS true,  DuPage has shown declines in the number of homes sold just like the rest of the country.  As a percentage, home sales are down about 37% during this period.  Where the news reports make their mistake is with the great generalities regarding the home prices.  Below you will see what has happened to home values locally over this same period of time.The average value of a home in DuPage County...
Comments 0
By Richard Parr, Home Security Specialist - Greater New Orleans, Louisiana
(ADT Security Services)
This month the Elmhurst Chamber is teaming up with the Elk Grove Chamber for their Business After Hours.  It will be held at Des Plaines Office Equipment located at 1020 Bonaventure Drive in Elk Grove.  The meeting will be held Tuesday, March 18, from 5:00 to 7:00 p.m.  This should be an excellent networking event.
Comments 0
By Richard Parr, Home Security Specialist - Greater New Orleans, Louisiana
(ADT Security Services)
A recent Multiple Listing search for Elmhurst, IL, homes shows that even though the number of homes sold is still down, the home prices are beginning to climb.  The information was broken down into one year increments dating back three years from today.  The bar graph above shows that although the number of homes sold are down about 27%, the last two years are nearly the same.  This could suggest that the demand for homes in Elmhurst is stabilizing.The graph above shows the prices in Elmhurst have increased nearly $13,000 in the last 12 months.  Compare that to the 24-36 month ranges to see that the prices are only down about $11,000 from where the prices three years ago.  As a percentage the difference is quite minimal at about 2 percent over this period or down about 3/4% per year.  T...
Comments 0
By Richard Parr, Home Security Specialist - Greater New Orleans, Louisiana
(ADT Security Services)
When selling a home, you should keep the property ready to show at a moment's notice.  It is not that hard really.  When you take something out, put it back.  Use some common sense.  As a buyer, how would you want the property to look?  It does not have to look like a model home, but it should be neat and tidy.  Odors and cleanliness are the biggest complaints made by homebuyers.  Here are some simple things that will help you keep the property ready to show.1.  Put dishes in the dishwasher immediately after meals.  You don't have to wash them but put them out of sight.  When you have a full load, wash them.2.  Throw dirty laundry in a basket or hamper when changing clothes.   Keep laundry out of sight and wash when you have full load.  Put away clean clothes immediately.3.  Sweep and v...
Comments 5
By Richard Parr, Home Security Specialist - Greater New Orleans, Louisiana
(ADT Security Services)
Single Family Detached Homes Currently on Market420 Homes on the MarketMean List Price is $639,586, the Median is $500,000List Prices Range from $209,900-$2,500,000Average Market Time for Active Listings is 248 days47 Contingent Homes and 7 PendingSingle Family Detached Homes Sold in the Last TWO Months12 Closed homes4 of the 12 sold for over $500,000Mean Sold Price is $486,916, the Median is $325,000Market Time for Solds is 221 daysSold Prices Ranged from $150,000-$1,162,500Average Markdown from List to Sold Price is 7.4%Elmhurst's home inventory has dropped slightly since about this time last year which is good news for sellers.  Unfortunately, it has not affected the market at this time.  If the inventory stays lower, sellers should see shorter market times and increasing home prices...
Comments 0
By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
 The table below lists all of the currently active single family detached and single family attached homes in the Elmhurst, IL. The inform is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices. For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.   Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 39 155 $150,000 - $199,999 45 191 $200,000 - $249,999 62 141 $250,000 - $299,999 124 150 $300,000 - $349,999 88 146 $350,000 - $399,999 65 285 $400,000 - $449,999 20 216 $450,000 - $499,999 14 178 $500,000 - $549,999 7 121 $550,000 - $599,999 21 216 $600,000 - $699,999 22 329 $700,000 - $7...
Comments 0
By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
  The table below lists all of the currently active single family detached and single family attached homes in the Elmhurst, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices. For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.    Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 11 202 $150,000 - $199,999 16 199 $200,000 - $249,999 25 200 $250,000 - $299,999 50 212 $300,000 - $349,999 79 225 $350,000 - $399,999 59 200 $400,000 - $449,999 31 217 $450,000 - $499,999 22 169 $500,000 - $549,999 22 156 $550,000 - $599,999 9 158 $600,000 - $699,999 39 193 $700,00...
Comments 0
By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
The table below lists all of the currently active single family detached and single family attached homes in the Elmhurst, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices. For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.   Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 11 196 $150,000 - $199,999 14 218 $200,000 - $249,999 25 192 $250,000 - $299,999 48 208 $300,000 - $349,999 79 219 $350,000 - $399,999 61 196 $400,000 - $449,999 32 220 $450,000 - $499,999 22 166 $500,000 - $549,999 22 141 $550,000 - $599,999 10 160 $600,000 - $699,999 39 195 $700,000 ...
Comments 0
By Richard Parr, Home Security Specialist - Greater New Orleans, Louisiana
(ADT Security Services)
I am a Realtor and I always try to find ways to help my clients.  I make recommendations for lenders, attorneys, insurance agents, and home inspectors in a typical sale, but I don't stop there.  I recommend painters, landscapers, roofers, and most other homeowner needs.Now, I have found the most important recommendation that I could ever give a client.  A way to save them thousands of dollars!  The average client saves about $150,000 or more!  This concept was so impressive that I decided to become an affiliate to get the word out.  Take a look at the link, watch the videos, and see for yourself.
Comments 0
By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
  The table below lists all of the currently active single family detached and single family attached homes in Elmhurst, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices. For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.  Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 8 220 $150,000 - $199,999 7 209 $200,000 - $249,999 20 188 $250,000 - $299,999 54 167 $300,000 - $349,999 98 162 $350,000 - $399,999 75 135 $400,000 - $449,999 39 174 $450,000 - $499,999 30 167 $500,000 - $549,999 24 121 $550,000 - $599,999 22 133 $600,000 - $699,999 35 160 $700,000 - $79...
Comments 0
By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
 The table below lists all of the currently active single family detached and single family attached homes in Elmhurst, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices. For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.    Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 11 212 $150,000 - $199,999 7 163 $200,000 - $249,999 16 180 $250,000 - $299,999 52 167 $300,000 - $349,999 97 153 $350,000 - $399,999 84 99 $400,000 - $449,999 44 186 $450,000 - $499,999 40 142 $500,000 - $549,999 17 132 $550,000 - $599,999 22 137 $600,000 - $699,999 33 153 $700,000 - $7...
Comments 0
By Richard Parr, Home Security Specialist - Greater New Orleans, Louisiana
(ADT Security Services)
Elmhurst Downtown Sidewalk Art Fair will be held on Saturday, September 8, 2007.  The display will be on York Road between 1st  and 2nd Streets from 10am-5pm.  The event is sponsored by the Elmhurst Artists' Guild.  Celebrating 60 years!
Comments 0
By Ruben Colon
(McCormick Partners Realty)
Timing the market isn't a great idea. All the market fundamentals show that now is a good time to buy - prices are down, interest rates are affordable, there are lots of homes to choose from and you can bargain with sellers. If you try to wait and time the market until it hits rock bottom, you are likely to lose out. If you sit on the fence and wait for the absolute best deal, you could end up literally waiting for years. And most likely, your guess on market timing would be wrong. But if you choose to buy now, you will not only be in the driver's seat during the buying process, you will also reap the gains of price appreciation once you become a home owner. Remember, those who purchased homes in the early 1990s during the last big economic and housing downturn came out as big winners.V...
Comments 0
By Richard Parr, Home Security Specialist - Greater New Orleans, Louisiana
(ADT Security Services)
The Elmhurst Chamber of Commerce will be having it's monthly Business After Hours Meeting on August 16, 2007 from 5-7pm at UIC Facial Plastic Surgery Center and Medispa in the Elmhurst Memorial Center for Heath Building located at 1200 South York Street, Suite 4280, Elmhurst, IL  60126.  The event will be co-hosted by The Facial Plastic Surgery Center & Medispa and Apex Management & Special Events, Inc.  To RSVP for networking events, call the Chamber office at 630-834-6060 or email info@elmhurstchamber.org.
Comments 0
By Richard Parr, Home Security Specialist - Greater New Orleans, Louisiana
(ADT Security Services)
2007-2008 Annual Membership Kickoff PartyElmhurst Newcomers & Neighbors Club Members and prospective members are invited to enjoy!  Hors d'oeuvres and dessert will be served.  Friends are welcome!7:00pm  August 22, 2007 at Cafe Amano, 105 S. York Road, Elmhurst
Comments 0
By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
 The table below lists all of the currently active single family detached and single family attached homes in Elmhurst, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices. For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements. Active ListingsList Price Range# ListingsAvg. Days on MktLess than $149,99963132$150,000 - $199,999271131$200,000 - $249,999348130$250,000 - $299,999181166$300,000 - $349,999124181$350,000 - $399,999107193$400,000 - $449,99954168$450,000 - $499,99941184$500,000 - $549,99921190$550,000 - $599,99918172$600,000 - $699,99923276$700,000 - $799,9997284$800,000 - $899,9998215...
Comments 0
By Richard Parr, Home Security Specialist - Greater New Orleans, Louisiana
(ADT Security Services)
Single Family Detached Homes Currently on Market488 Homes actively on the Market Mean List Price is $614,044, the Median is $479,900 List Prices Range from $244,900-$2,100,000 Average Market Time for Active Listings is 172 days 57 Contingent Homes and 9 PendingSingle Family Detached Homes Sold in the Last TWO Months19 Closed homes Only 7 of the 19 sold for over $500,000 Mean Sold Price is $530,605, the Median is $454,000 Market Time for Solds is 141 days Sold Prices Ranged from $255,000-$1,375,000 Average Markdown from List to Sold Price is 6.64%Elmhurst's home inventory has stabilized since last month, but there are still about a hundred homes more than last year.  The mean sold price returned to about where it was 2 months ago and the median sold price also returned and gained an addi...
Comments 4
By Richard Parr, Home Security Specialist - Greater New Orleans, Louisiana
(ADT Security Services)
Single Family Detached Homes Currently on Market492 Homes actively on the Market Mean List Price is $630,660, the Median is $499,000 List Prices Range from $249,900-$2,100,000 Average Market Time for Active Listings is 162 days 63 Contingent Homes and 7 PendingSingle Family Detached Homes Sold in the Last TWO Months31 Closed homes 12 of the 31 sold for over $500,000 Mean Sold Price is $472,879, the Median is $375,000 Market Time for Solds is 182 days Sold Prices Ranged from $240,000-$975,000 Average Markdown from List to Sold Price is 5.46%Elmhurst's home inventory keeps growing and has increased by another 35 homes since last month.  That is over a 7.5% increase!  The mean sold price dropped significantly by about $61,000 and the median solds dropped by $65,000 as well.  The average ma...
Comments 0
By Richard Parr, Home Security Specialist - Greater New Orleans, Louisiana
(ADT Security Services)
The Elmhurst Historical Museum and the Elmhurst City Centre are celebrating the museum's 50th Anniversary.  "A Walk Through Time" consists of 25 historical buildings in the uptown/downtown area of Elmhurst.  One building dates back to 1875.  So take a walk and admire Elmhurst's architectural history.  For more information contact the Elmhurst Historical Museum at 120 E. Park Avenue, 630-833-1457.
Comments 0
By Richard Parr, Home Security Specialist - Greater New Orleans, Louisiana
(ADT Security Services)
The Elmhurst Jaycees, the Elmhurst Chamber of Commerce, and the City of Elmhurst will be bringing you the Independence Day Parade on Wednesday.   The parade will begin at 9:30 a.m. on the 4th of July.  Line-up will be at York and Third Streets promptly at 8:30 a.m.  The parade will follow the 4th of July race which begins at 7:30 a.m.  The parade will be followed by an ice cream social. 
Comments 0