Wednesday, December 19, 2012
Twenty-one homes were sold in Woodridge during November 2012, up significantly from the same time last year.
The 21 detached, single-family homes sold in Woodridge during November represented a 91 percent increase over November 2011, according to the Mainstreet Organization of Realtors (MORe). There were 19 homes sold in Woodridge during October. However, the median price of homes sold in November ($209,000) was down slightly (-2.8 percent) than the median price of homes sold in November 2011 ($215,000). The market for detached, single-family homes in suburbs throughout DuPage County saw growth in November, MORe reported. MORe gets its statistics from Midwest Real Estate Data. Downers Grove saw the largest percent increase, with 137.5 percent more homes sold year over year in November. There were 16 homes sold that month in 2011 and 38 in 2012. …
Tuesday, February 28, 2012
Prices have fallen 35 percent since Sept. 2006, according to the Chicago Tribune.
Wednesday, February 1, 2012
Home prices fell nationally in November from a year ago, according to a report by S&P/Case-Shiller.
Chicago area home prices fell for the third straight month in November, according to the Chicago Tribune, going back to May 2001 levels. The Trib reported Tuesday home prices in the Chicago area fell 3.4 percent from October 2011 to November 2011 and were down 5.9 percent from a year ago, according to the S&P/Case-Shiller home price index. On a national level, prices were down 3.7 percent from November 2010. After Atlanta, Seattle and Las Vegas, Chicago had the greatest year-over price decline. The homes hardest hit in the Chicago area were those selling for under $156,110, with prices dropping 16.2 percent from a year ago. Homes selling for more than $269,909 dropped 3.3 percent from a year ago. Homes between $156,110 and $269,909 …
Wednesday, June 22, 2011
Typical four-bedroom, four-bathroom home in the village sells for $ $260,869, according to Coldwell Banker.
The average listing price of a Woodridge home is more affordable than some of the village's surrounding communities, according to a recent report from the Coldwell Banker real estate firm. Woodridge's average listing price for a four-bedroom, two-bathroom house came in at $260,869, according to a market action report from Coldwell Banker. Compare that to the village's neighboring communities (Bolingbrook, Darien, Downers Grove, Lemont, Naperville, Plainfield and Romeoville) and Woodridge's listing price is near the bottom of the pack. Lemont’s average rated the most expensive of the group with the average listing price of $458,876. Romeoville, meanwhile, was the most affordable, with an average listing price of $204,990. The survey …
Thursday, May 19, 2011
Local properties have one of the smallest decreases in Chicago area.
Single-family home prices fell last year in most Chicago-area communities, including Woodridge. But home prices in Woodridge and its surrounding towns dropped less than average and fared better than most other suburbs. According to Crain's Chicago Business, 238 of 252 Chicago-area zip codes tracked by Fiserv Inc. saw their home prices fall in 2010, with the overall drop being about 5.2 percent. Woodridge's home prices fell 1.5 percent in the 60517 zip code. See below for a chart of the sales price drops for area Patch towns and others nearby. In a video covering the price drops, a Crain's reporter said the biggest declines were in the city's southside neighborhoods. South suburban Harvey suffered the biggest drop, 19.6 percent. Palos …