The past 3 mos for single family homes in Elk Grove Village, Illinois have looked like this (data from MLSNI):
Total Listings: 188
Available: 129
Under Contract: 20
Closed: 39
Elk Grove appears to be doing better during this slow period. Percentage wise there are more listings under contract and closed for the past 3 months than in many of the other Northwest Suburbs. Average market times are also a bit lower, just over 150 days for available listings. Still clearly a buyer’s market though.
Leave A Reply With Facebook