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Bensenville, IL

Bensenville Home Sales and Prices - Comparing the Last 3 Years

Richard Parr,Realtor,Real Estate Agent, Elmhurst and DuPage County Real Estate: Real Estate Agent in Elmhurst, IL

A Multiple Listing search for Bensenville, IL, today shows that even though the number of homes sold has dropped substantially the last couple of years, the prices have not been effected nearly as significantly.

Bensenville Sold Homes

The drop in homes sold is about 64%over the last 3 years as represented in the graph above.

Bensenville Home Values

This graph shows the mean price of homes sold in the same time frame. Notice that the price from the last 12 months is only about $11,300 less than the prices three years ago. The prices actually went up about $22,500 in the range from 12-24 months ago. The current prices are down about 3.9% compared to the prices 3 years ago, which is down only about 1.3% per year.

Bensenville home values may be declining slightly, but prices are not falling like a brick as the media wants everyone to believe. If you are going to look at national numbers take this into consideration, over the last 30 years the growth in real estate has been up nearly 6% per year. Get an accurate market valuation of your home from Richard Parr, Realtor.

This information was obtained from the Multiple Listing Service of Northern Illinois and is considered to be accurate, but not guaranteed. The data presented is for detached single family homes only.