A Multiple Listing search for Lisle, IL homes shows that even though the number of homes sold has decreased significantly, the home prices have remained about the same as in 2005. The information was based on 2nd quarter numbers for 2005-2008.
The bar graph above shows that the number of homes sold is down by about 37% compared to 2005, but as you see below the prices have remained about the same.
This graph shows the 2nd quarter prices in Lisle are about the same as in 2005. There was a huge spike in value in the 2nd quarter of 2006, but for the most part the value has remained level. You can see there was an slight decrease of about $10,000 or about 2.8% verses 2005. That is less than 1% per year! Fortunately, the Lisle home values have not been effected as significantly as many other areas in the nation.
If you would like to receive an accurate valuation of your home, or would like to buy soon contact your DuPage County Realtor.
This information was obtained from the Multiple Listing Service of Northern Illinois and is considered to be accurate, but not guaranteed. The search included only average prices of detached single family homes.
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