Realty Executives Midwest

Mark Sotir

Mark Sotir

Broker

Realty Executives Midwest

Blog

Housing Market in Downers Grove, Il

(Published on - 5/31/2023 1:30:16 AM)

???? Exciting News for Home Buyers and Sellers in Downers Grove, IL! ????

Downers Grove's real estate market is buzzing with positive trends, making it the perfect time to explore the housing opportunities in this beautiful community. Here are some key insights that showcase the current state of the local housing market:

?? Home Prices on the Rise: Over the past year, Downers Grove has seen a 2% increase in home prices. The average home price now stands at $400,000, making it an attractive market for both first-time buyers and those looking to upgrade their homes.

? Faster Market Time: Good news for sellers! The market time in Downers Grove has decreased by an impressive 19%, indicating a quicker turnaround for property sales. If you're thinking about selling your home, now may be an opportune moment to take advantage of the fast-paced market.

?? Fewer Homes for Sale: With a 15.8% decrease in the number of homes for sale, the housing inventory in Downers Grove is becoming more competitive. Buyers need to act swiftly to secure their dream home before it's off the market. Don't miss out on this chance to find your perfect place to call home!

?? Increased Value: Homeowners in Downers Grove can rejoice as the average price per square foot has risen by 3.4% to $214. This increase indicates a growing demand for properties in the area, making it an excellent time to invest in the community's real estate market.

For expert guidance and assistance with your home buying or selling journey, look no further than Mark Sotir, a trusted real estate professional at Realty Executives Midwest. With his extensive knowledge of the local market, Mark can help you navigate the current trends and make informed decisions that align with your goals.

?? To schedule a consultation with Mark Sotir, please call 630-815-8098 or send an email to marksotir@realtyexecutives.com. Mark is ready to provide you with personalized attention and a seamless real estate experience.

Don't miss out on the opportunities available in Downers Grove's thriving housing market. Whether you're looking to buy or sell, Mark Sotir and Realty Executives Midwest are here to guide you every step of the way. Get in touch today and make your real estate dreams a reality! ????

 
 
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