Oak Brook, IL

Friends,

Walking the dog today on the bike path was breath taking. Leaves falling, people out doing projects, more dog walkers and sunshine!

It is good to see additional construction projects to beautify homes and fall flowers looking good in the front yards. As I mentioned before, not many violations, so we as a premier subdivision look great.

I also noticed the village is getting ready to plant trees to replace the trees that were taken down in poor health. As you know we on the board are working hard to keep our parkway trees looking good and healthy. It's our trees that make us special- as well as great neighbors.

I am still seeing home prices that are too reasonable. This is one of the best areas to live in and you can not build houses like these for what some of them are selling for - keep that in mind when pricing them. The economy seems to be stabilizing and our house prices should reflect that.

Mark Karambelas

Vice President

Saddlebrook Subdivision

Today I did the drive around Saddlebrook and things are looking quite good. Thanks to all for keeping your houses and landscaping looking great. I am still seeing some projects and lots of fall flowers in the yards. These types of things will keep us one of the premier subdivisions in Oak Brook. I encourage everyone to keep their homes updated and looking great in order to help keep real estate prices here on a steady to upward trend. The village has cut down some of the parkway trees that were not up to par and will be planting new replacement trees soon. Most of them should be Maple's.

Mark Karambelas

Vice President Saddlebrook Homeowners Association

Saddlebrook is looking good and thanks to all for keeping the neighborhood in such great condition. We on the board are committed in keeping our subdivision the best looking and most people friendly in the Village of Oak Brook. I hope you all had a chance to attend the "Concert in the Park" and are enjoying the walking paths. I can see many beautification projects and updates to homes- keep up the great work! As you can see the village have cut some of the weaker parkway trees and will be replacing them with maples. Also, the park district will be doing some cleanup work and painting in the park during the fall. As of today I see 7 homes under contract in Oak Brook and have not really seen any additional supply come on. It still is hard to believe you can get an updated home under $1,000,000 here and hopefully that won't last too long. I will be going out with the management company in late September checking on any violation of rules, so get ahead of any violations and do what is necessary to keep your homes up to standard and looking great.

Mark Karambelas

Vice-President

Saddlebrook Subdivision Board

Those of us that send our kids to Downers Grove North already know how good a school it is. Now, Newsweek magazine has it ranked as one of the best high schools in America. We are very lucky in Saddlebrook that our kids go to this fine high school and just ads to the value of living in this subdivision.

In the table below lists all of the single family detached and single family attached homes currently on the market in Oak Brook, IL The data lists available homes by price range with average time on market in each range.

Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria.

If you are contemplating a change in lifestyle, ie. a more luxurious home or the luxury of the amenities in a senior citizen development, I may be able to save you some money via discounts available to me.

Active Listings

List Price Range # Listings Avg. Days on Mkt Less than $149,999 13 290 $150,000 - $199,999 8 449 $200,000 - $249,999 7 365 $250,000 - $299,999 3 651 $300,000 - $349,999 11 297 $350,000 - $399,999 13 353 $400,000 - $449,999 9 347 $450,000 - $499,999 11 305 $500,000 - $549,999 7 283 $550,000 - $599,999 6 92 $600,000 - $699,999 16 401 $700,000 - $799,999 17 193 $800,000 - $899,999 17 255 $900,000 - $999,999 11 177 $1,000,000 - $1,999,999 36 310 $2,000,000 - $2,999,999 24 471 $3,000,000 - $3,999,999 6 349 $4,000,000 - $4,999,999 7 307 $5,000,000 - And Over 1 324

Active Listings Summary

# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 223 322 $753,900 $1,155,205 $6,900,000 $97,500 $257,610,650