The 7 homes sold in Darien during March 2013 represented a -30 percent decrease over March 2012, when 10 homes were sold, according to the Mainstreet Organization of Realtors (MORe).
While the number of homes sold decreased, the median price of homes sold in March rose slightly in Darien. The median price increased 2.7 percent to $246,000 from $239,500 in March 2012.
The market for detached, single-family homes in suburbs throughout DuPage County experienced notable sales gains in March, MORe reported. MORe gets its statistics from Midwest Real Estate Data.
Hinsdale had the biggest percentage drop in the number of homes sold, with -37.9 percent fewer homes sold year over year. That adds up to 18 homes sold during March 2013 compared with 29 sold in March 2012.
Elmhurst had the biggest percentage increase, with 64.3 percent more homes sold year over year. That adds up to 46 homes sold during March 2013 compared with 28 sold in March 2012.
Tonya Corder, president of MORe and managing broker of Keller Williams Preferred Realty in Orland Park, cautioned sellers that the market still needs to shed more distressed properties before home prices make a complete recovery.
“The spring market hasn’t been this busy since 2007,” Corder said. “For homes that are priced right, multiple offers are coming in.”
|
# of homes sold |
Median sale price |
|||||
|
Town |
2013 |
2012 |
% change |
2013 |
2012 |
% change |
|
Burr Ridge |
15 |
19 |
-21.1% |
655,000 |
658,000 |
-0.5% |
|
Darien |
7 |
10 |
-30% |
246,000 |
239,500 |
2.7% |
|
Downers Grove |
39 |
25 |
56% |
274,000 |
267,000 |
2.6% |
|
Elmhurst |
46 |
28 |
64.3% |
375,500 |
351,500 |
6.8% |
|
Glen Ellyn |
32 |
32 |
0% |
338,500 |
255,625 |
32.4% |
|
Hinsdale |
18 | 29 |
-37.9% |
775,000 | 780,000 |
-0.6% |
|
Lemont |
16 |
13 |
23% |
326,250 |
192,000 |
69.9% |
|
Lisle |
8 | 12 |
-33.3% |
272,050 | 261,000 |
4.2% |
|
Naperville |
102 | 85 |
20% |
379,950 | 335,000 |
13.4% |
|
Wheaton |
44 | 35 |
25.7% |
324,000 | 285,500 |
13.5% |
|
Woodridge |
9 | 11 |
-18.2% |
212,000 | 166,000 |
27.7% |
Source: Mainstreet Organization of Realtors