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.