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Local News

Total sales rise, median prices fall in Hinsdale real estate market

HINSDALE – Total house sales in Hinsdale were up in June from the previous month, and lagged behind the same month's totals from 2013.

This data, provided by the Mainstreet Organization of Realtors, showed that 39 single family homes were sold in June, six more than in May, and six less than a year ago, a 13 percent decrease.

The median sales price decreased this June over June 2013, and it also showed a dip from the previous month. The price decreased from $929,500 to $900,000, a 3.2 percent drop. May 2014's figure was $1,000,000, 11 percent higher.

In Westmont, homes sales decreased from May to June, while the median sales price increased slightly.

The June data also showed that this June performed worse than June of 2013 in terms of total homes sold – dipping from 22 to 15.

But the median sales price is on the rise. The median price in June 2014 jumped to $252,000 from $245,000 in May 2014 and $247,500 in June 2013.

Total home sales and median sale prices for Burr Ridge in June were slightly down from last month and dipped further from June 2013.

Ten homes were sold in Burr Ridge in June. This is two less than in May and seven less than in June 2013.

The median sale price for June was $680,000, a 12.1 percent decrease from May and a .14 percent increase from June 2013.

Although the total home sales in Darien decreased slightly from May to June, the market is not fluctuating severely. In Darien, 19 homes were sold in June, compared to 20 in May and 18 in June 2013.

However, the median sales price in Darien continues to rise, going from $279,950 in June 2013 to $315,000 in May and $360,000 in June.

Conversely in Oak Brook, just eight homes were sold in June, a number that is relatively consistent with the total sales in Oak Brook in May (six) and June 2013 (10).

The median sales price in Oak Brook for June was $620,050, which is more than the 557,500 median sales price in May, but less than $737,500 sales price from June 2013.

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