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.
