Lombard, IL

Congratulations to the residents of Lombard! A new pool is on the way! The referendum passed, we will have a new pool for years to come!

If you're not familiar with Lombard, it's a great place to live. I've lived here most of my life and hopefully will retire here as well.

We're known as the Lilac Village due to all our gorgeous lilac bushes. Lombard has 18 parks with one being dedicated to the lilacs, called Lilacia Park. Take a stroll downtown and smell the flowers!

The Lombard Park District was one of 36 park districts in the state to be recognized by the Illinois Parks & Recreation Association and the Illinois Association Of Park Districts as a Distinguished Recreation Agency.

If you're considering a move to this great town, please feel free to contact me at 630-479-4673 or visit www.idamccarthy.com.

A Multiple Listing search for Lombard, 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 as significantly.

The number of homes sold in the last 12 months was only 299, compared to 352 in the previous 12 months, and 536 in the time frame from 24-36 months ago. The graph above shows the drops in the number of homes sold.

This graph shows the mean price of homes sold in the same time frame. Notice that the price from the last 12 months is about $11,500 less than the prices three years ago. The price 24-36 months ago was $316,310, 12-24 months ago the prices actually went up about $7,000 to $323,193, and in the last 12 months the price is $304,963. The current prices are down about 3.6% compared to the prices 3 years ago, which is only about 1.2% per year.

The market may be down slightly, but prices are not falling like a brick as the national media would like us all to believe. Keep your eyes on the Lombard prices not the national numbers. The local numbers are truer indicators of what your home is worth. If you would like an accurate home valuation, contact your Lombard 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 of detached single family homes only.

The table below lists all of the currently active single family detached and single family attached homes in the Lombard, 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 40 153 $150,000 - $199,999 44 193 $200,000 - $249,999 65 144 $250,000 - $299,999 124 165 $300,000 - $349,999 84 151 $350,000 - $399,999 61 292 $400,000 - $449,999 23 213 $450,000 - $499,999 12 193 $500,000 - $549,999 8 128 $550,000 - $599,999 20 263 $600,000 - $699,999 22 352 $700,000 - $799,999 12 624 $800,000 - $899,999 6 652 $900,000 - $999,999 2 1176 $1,000,000 - $1,999,999 2 204

Active Listings Summary

# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 525 210 $299,900 $337,402 $1,200,000 $94,900 $177,135,902

The table below lists all of the currently active single family detached and single family attached homes in Lombard, 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 35 150 $150,000 - $199,999 53 163 $200,000 - $249,999 58 130 $250,000 - $299,999 100 173 $300,000 - $349,999 81 146 $350,000 - $399,999 64 302 $400,000 - $449,999 17 237 $450,000 - $499,999 12 174 $500,000 - $549,999 7 129 $550,000 - $599,999 20 196 $600,000 - $699,999 26 301 $700,000 - $799,999 11 664 $800,000 - $899,999 7 639 $900,000 - $999,999 2 1143 $1,000,000 - $1,999,999 2 171

Active Listings Summary

# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 495 208 $304,900 $341,940 $1,200,000 $94,900 $169,260,069