Tuesday, August 2, 2016

A pool community is the perfect oasis on HOT summer days!

Thornwood has a wonderful pool with a fun slide, fountains, a zero depth pool for the little ones and dont forget the neighborhood swim team. A great place to socialize and meet up with your neighbors and make new friends too.

Tuesday, February 17, 2015

2014 Market Data for the neighborhood of Thornwood in South Elgin, Illinois

Thornwood sees fewer distressed homes compared to 2013

  • 67 Single family homes sold in Thornwood in 2014                   (up 6% from 2013)
  • Average sales price $405,706                                                   (4.8% less than 2013)
  • Average market time was 114 days                                           (increase of 29% over 2013)
  • Highest price home sale: $680,000                                           (vs. $640,000 in 2013)
  • Lowest price home sale $214,542                                           (vs. $245,000 in 2013)
  • Median price home sale was $404,000                                      ( decrease of 35.8% )
  • 16.4% of sales were distressed sales                                     (21.9% were  distressed in 2013)
  • Average price per square foot is  $124.99                                (down 3.7%  from 2013)
Distressed property is a short sale or foreclosure.
Source is MRED multiple listing service. Information deemed reliable but not guaranteed. 

Thursday, December 4, 2014

Current inventory levels in Thornwood

Currently there are 32 single family homes on the market in Thornwood in South Elgin, Illinois. Of these, 6 are currently under contract.
There is 5.6 months supply of inventory.

13.6% of sales are distressed

In the past six months 6 of the 46 closed sales have been distressed properties (either short sale or bank owned).