Monday, November 10, 2008

Homes are still selling in northwest suburbs of Chicago

In case you were wondering if homes in the northwest suburbs are still selling, the answer is YES :-) . Surprisingly, the prices are holding steady, around 10% below last year's figures. For instance - in Arlington Heights 30 houses have been sold last month, at an average price of $450,908. That is 5 houses fewer than in September but, per average - $41,500 higher! In Des Plaines the difference is even bigger: 33 houses sold in October 2008 at $306,345 average price compared to only 23 houses sold in September at $273,633.

For complete information about October 2008 home sales in northwest suburbs of Chicago (including condos and townhouses), please visit one of the following web pages:


Do you know that you can get a great deal on a foreclosure property? Bank-owned houses, condos and townhouses sell from $20% to 50% BELOW the average prices of similar properties in the area. Please visit our website about cook county foreclosures for more details.

Please do not hesitate to contact me at peter@a1agent.info if you have any questions or would like to receive a customized sales report of properties comparable to yours.

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