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Elburn IL Real Estate Market Trends

There are currently 142 single family and townhomes listed for sale in Elburn. The average home is currently priced at $399,900. Closings are down 31% with 84 YTD. The median sale price of $336,562 is down 5% from last year. Market time is up 43% over last year with the average home being on the market for 260 days. This information was pulled from the Multiple Listing Service of Northern Illinois on Sunday, December 28th, 2008.

In Elburn the primary improvements consist of average single family residential structures with a typical suburban mix of vacant land and commercial support improvements. There are no apparent adverse factors affecting the marketability of this general market area. The turnover rate & employment stability are also normal for this suburban market area. Elburn is an Illinois certified city & a far western suburb of Greater Chicagoland.

This information is provided by The Kombrink Team at RE/MAX Excels in Geneva, Illinois. For more Elburn, Illinois real estate information, including homes currently for sale, visit http://www.elburn-il-homes-for-sale.com/. Please call 630-262-4321 with any questions or comments.

Posted Sunday Dec 28