Hinsdale Single Family Homes Summary for 2011

When the first time home buyers tax credit came to an end in the spring of 2010 I was interested to see if the market would sustain it’s growth. 235 Hinsdale Single Family Homes were sold that year with an with an average sales price of $987,328 with 195 days of average market time.

2011 witnessed 220 Hinsdale Single Family Homes that were were sold for an average price of $986, 362 with 217 of avearge market time. On the surface it looks like the market is still on a slight decline but when you factor in that 2011 did not have the tax incentives of 2010 I believe this shows we are on the right track.

Now I know someone is reading this and thinking that I’ve lost my marbles because first time home buyers are not typically buying Hinsdale Single Family Homes with a million dollar price tag. When those first time buyers were buying homes in 2010 it allowed the move up buyers the leverage to move up. Now that’s what I call a good life.