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Average List Price and Sale Prices by subdivision in the Addison area.

The table below lists all of the currently active single family detached and single family attached homes in Addison, IL. Data includes 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 38 151 $150,000 - $199,999 36 132 $200,000 - $249,999 64 139 $250,000 - $299,999 66 198 $300,000 - $349,999 47 202 $350,000 - $399,999 31 186 $400,000 - $449,999 6 42 $450,000 - $499,999 5 168 $500,000 - $549,999 9 129 $550,000 - $599,999 7 215 $600,000 - $699,999 7 146 $700,000 - $799,999 4 218 $800,000 - $899,999 1 467 $900,000 - $999,999 3 159 $1,000,000 - $1,999,999 2 562

Active Listings Summary

# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 326 170 $267,000 $304,349 $1,800,000 $69,000 $99,217,743

A recent Multiple Listing search for Addison, IL, homes shows that even though the number of homes sold has been decreasing, the home prices have been climbing. The information was broken down into one year increments dating back three years.

The graph above shows that the number of homes sold is down about 60% versus 3 years ago.

Even though the number of homes sold is down significantly the price has been on the rise. See the bar graph above. From the 24-36 month range to the 12-24 month range the mean price of sold homes increased by almost $10,000. In the last 12 months prices rose by almost $4,000 over the previous year. In this period, Addison home prices are up about $13,500 or as a percentage prices have increased by about 4.3%.

The local information shows that although the national media is talking about how bad things are and how much worse things will get, Addison real estate values have actually been increasing. Local market prices are truer indicators of your home's value. To get an accurate valuation of your home, contact your Addison Realtor.

Market information is for detached, attached and 2 to 4 unit dwellings. Active and sold information is broken into number of bedrooms, average prices for each bedroom count, and average time on market.

Time on market, average prices and list-sold price ratios are given.

Active Listings

Detached Single

Bedrooms # Active Avg. LP Avg. MT All 184 $373,598 181 2 or Less 4 $252,175 163 3 105 $293,902 178 4 61 $441,587 165 5 or More 14 $709,771 284

Attached Single

Bedrooms # Active Avg. LP Avg. MT All 105 $213,745 192 2 or Less 86 $197,905 181 3 19 $285,443 243

Two to Four Units

Bedrooms # Active Avg. LP Avg. MT All 21 $385,409 190 4 4 $376,225 175 5 or More 17 $387,570 194

Off-Market Listings

Detached Single

Bedrooms # Sold % Sold Avg LP (Sold) Avg SP SP:LP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd All 5 11% $259,740 $250,000 96% 266 $348,125 89% 3 5 17% $259,740 $250,000 96% 266 $291,276 83% 4 0 0% $393,664 100% 5 or More 0 0% $578,200 100%

Attached Single

Bedrooms # Sold % Sold Avg LP (Sold) Avg SP SP:LP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd All 5 17% $196,500 $194,456 99% 247 $215,269 79% 2 or Less 4 17% $188,150 $185,595 99% 299 $196,087 78% 3 1 17% $229,900 $229,900 100% 41 $288,160 83%

Two to Four Units

Bedrooms # Sold % Sold Avg LP (Sold) Avg SP SP:LP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd All 1 11% $364,900 $325,000 89% 156 $421,062 89% 4 0 0% $377,933 100% 5 or More 1 17% $364,900 $325,000 89% 156 $446,940 83%