Health & Fitness
From in the Trenches...Update on the Clarendon Hills Housing Market
To the point, factual and statistical information about the current housing market in Clarendon Hills. Side by side comparison within three feeder elementary school districts.
Updated on the Clarendon Hills Real Estate Market
We are in very uncertain times, for sure, but the Clarendon Hills housing market is certainly bucking the current trend around the country of foreclosures and high inventory. If a buyer is looking to purchase a home in Clarendon Hills, there are only 72 homes for sale in inventory. If a buyer is looking in Hinsdale-Clarendon Hills Consolidated School District 181 area, they will find only 51 homes for sale (that are not under contract with a buyer). This low inventory is not good for buyers who are considering purchasing only in Clarendon Hills. Buyers are feeling the pinch and many are considering renting, causing the local rental market in Clarendon Hills and Hinsdale to be scorching hot.
Here is some data to consider:
Find out what's happening in Hinsdale-Clarendon Hillswith free, real-time updates from Patch.
SOLD
51 homes sold in Clarendon Hills since January 1, 2011
Find out what's happening in Hinsdale-Clarendon Hillswith free, real-time updates from Patch.
39 of those were in the Hinsdale-Clarendon Hills Consolidated School District 181 area.
7 sold were in Maercker School District 60 (south of 55th Street)
5 sold were in Community Unit School District 201 (Blackhawk Heights – west of Arthur Ave)
$728,733 was the average original list price of all sold properties
- $710,401 was the average list price when it sold
- $659,778 was the average sold price which is 91% of the average when it sold, 93% or the original asking price
Comment - The big question I get from people in the community is “What is the average seller’s come off of their price?” Answer is 93%, or 7% off the last advertised asking price.
Under Contract
21 homes are currently schedule to close and are under contract with buyers in Clarendon Hills
17 are in Hinsdale-Clarendon Hills Consolidated School District 181
3 are in Maercker School District 60
1 is in Community Unit School District 201
For Sale
72 Homes for sale in Clarendon Hills, IL
51 are in Hinsdale-Clarendon Hills Consolidated School District 181
14 are in Maercker School District 60
7 are in Community Unit School District 201
Check back for an update on homes for sale in Hinsdale and Oak Brook. For more information, log on to www.mmccurry.com
