Archive for the ‘contract’ Category

MLS Monday: Elmhurst Market Update

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Often we are hearing of the dreaded downfall of real estate. This is untrue when looking at the amount of properties in Elmhurst under contract and this year. Overall real estate sales in Elmhurst have risen 27%. Compared with DuPage County, the rise of under contract homes is consistent.

MLS Monday

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In DuPage County the month supply of inventory is now only at six months. Compared with last year, inventory was at eleven months. Supply of on the market homes has decreased more than forty percent in 2013. This is another sign of the bouncing back real estate market.