Thursday, July 7, 2011
Friday, June 3, 2011
Thornwood schools receive Academic Excellence
Property values are always impacted by the quality of the local schools. Haines Middle school and Ferson Creek elementary school have received this award for academic excellence in Northeast Illinois.
Most students in Thornwood attend Haines Middle school . Elementary students in Thornwood attend either Corron Elementary or Ferson Creek
About Academic Excellence Schools
Map of Illinois Academic Excellence Schools
Most students in Thornwood attend Haines Middle school . Elementary students in Thornwood attend either Corron Elementary or Ferson Creek
About Academic Excellence Schools
Map of Illinois Academic Excellence Schools
Tuesday, March 29, 2011
Recent CLOSED home sales in Thornwood
Click on this link to check in on this public community page on Facebook that I created for this neighborhood. Photos, dates and sales prices are posted in a photo album to keep you informed of property values in the community.
Saturday, March 5, 2011
Thornwood Absorption Rates
Absorption Rates tell us how many months of inventory is currently available based on the sales rate of the previous month(s).
Currently there are 34 detached single family homes on the market in Thornwood and in the past 3 months 5 homes have sold. That is a sales rate of 1.66 homes/month. 34 homes divided by 1.66 gives us 20.5 months of inventory.
For attached housing units (townhomes) there are currently 14 available and in the past 3 months only one has sold. This is a sales rate of .33 sales/month. 14 divided by .33 is
42.4 months of attached housing inventory in Thornwood.
Keep in mind the previous 3 months are the typical slowest months of the year. I expect this number to decrease as we move into the busier Spring season.
Currently there are 34 detached single family homes on the market in Thornwood and in the past 3 months 5 homes have sold. That is a sales rate of 1.66 homes/month. 34 homes divided by 1.66 gives us 20.5 months of inventory.
For attached housing units (townhomes) there are currently 14 available and in the past 3 months only one has sold. This is a sales rate of .33 sales/month. 14 divided by .33 is
42.4 months of attached housing inventory in Thornwood.
Keep in mind the previous 3 months are the typical slowest months of the year. I expect this number to decrease as we move into the busier Spring season.
Thursday, January 6, 2011
2010 Statistics for Attached Housing Units in Thornwood
2010 Market statistics for Attached Single Family Homes in Thornwood:
Lowest priced townhome sold was $133,000.
Highest priced townhome sold was $184,500.
Median Sales price: $167,450.
Average Sales price: $163,918.
Average marketing time was 173 days for attached single family townhomes and 19 units sold during 2010.
Comparing 2010 to 2009--- the marketing time has decreased by 51 days. However, the difference in average and median sold prices for attached units is negligible.
Source MRED LLC (Multiple Listing Service)
Lowest priced townhome sold was $133,000.
Highest priced townhome sold was $184,500.
Median Sales price: $167,450.
Average Sales price: $163,918.
Average marketing time was 173 days for attached single family townhomes and 19 units sold during 2010.
Comparing 2010 to 2009--- the marketing time has decreased by 51 days. However, the difference in average and median sold prices for attached units is negligible.
Source MRED LLC (Multiple Listing Service)
Thornwood Market Stats for 2010
2010 Market statistics for Detached Single Family Homes in Thornwood:
Lowest priced home sold was $250,000.
Highest priced home sold was $665,000.
Median Sales price: $380,000.
Average Sales price: $398,893.
Average marketing time was 144 days for detached single family homes and 40 units sold during 2010.
Comparing 2010 to 2009--- the marketing time has decreased by 81 days.
The average sold price increased about 1.5% from $392,921 in 2009 and the median sold price increased about 1.9% from the $373,000 figure in 2009.
These 2010 figures show some slight improvement over 2009 and it looks like Thornwood is weathering the market as well as can be expected.
Source MRED LLC (Multiple Listing Service)
Lowest priced home sold was $250,000.
Highest priced home sold was $665,000.
Median Sales price: $380,000.
Average Sales price: $398,893.
Average marketing time was 144 days for detached single family homes and 40 units sold during 2010.
Comparing 2010 to 2009--- the marketing time has decreased by 81 days.
The average sold price increased about 1.5% from $392,921 in 2009 and the median sold price increased about 1.9% from the $373,000 figure in 2009.
These 2010 figures show some slight improvement over 2009 and it looks like Thornwood is weathering the market as well as can be expected.
Source MRED LLC (Multiple Listing Service)
Saturday, November 27, 2010
See recent home sales in Thornwood on Facebook
Are you interested in knowing the prices of recent homes sales in Thornwood in South Elgin, IL? You can find all 2010 sales on Facebook.
"Like" the Facebook page titled "Thornwood, South Elgin IL" and click on the "Photos" tab to see albums with photos, dates and sales prices of sales occurring in 2010.
For more details on the sold homes you can email or call me, Cindy Strahota (630.624.9246) or Kathleen Schlagel (630.330.8238) directly.
"Like" the Facebook page titled "Thornwood, South Elgin IL" and click on the "Photos" tab to see albums with photos, dates and sales prices of sales occurring in 2010.
For more details on the sold homes you can email or call me, Cindy Strahota (630.624.9246) or Kathleen Schlagel (630.330.8238) directly.
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