REAL ESTATE MARKET

BURR RIDGE, ILLINOIS

July 2021

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BURR RIDGE REAL ESTATE

IS A SELLER'S MARKET

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HOW MANY MONTHS WILL IT TAKE TO SELL ALL HOMES?
  • 4.59months
    To Sell All Homes Presently For Sale
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HOW MUCH DID burr ridge BUYER PAY?

Buyers payed

Under asking price

23

Buyers payed

At asking price

4

Buyers payed

Over asking price

3

There are more burr ridge buyers paying under asking price.
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WHY DOES burr ridge HAVE A SELLER'S MARKET?

July 2021

  • Active Homes For Sale

Last 12 Months

311

  • Homes Sold
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HOW burr ridge market trend from last Year?

Active Homes For Sale

  • June 2020

    286

  • June 2021

    119

Homes Sold

  • June 2020

    15

  • June 2021

    30
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WHAT TYPES OF HOMES ARE SELLING?

SINGLE FAMILY HOMES

Sold 23

CONDOS

Sold 4
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HOW LONG DOES IT TAKE TO SELL IN burr ridge?

burr ridge Single Family Homes

Sell Slower In June Vs May

  • May 2021

    71 days

  • June 2021

    87 days

burr ridge Condo, duplex & town-homes

Sell Slower In June Vs May

  • May 2021

    9 days

  • June 2021

    34 days
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HOW ARE PRICES TRENDING IN burr ridge?

Avarage list price increase

Good for seller

  • May

    $1M

  • June

    $1M

Median sold price increase

Good for seller

  • May

    $653K

  • June

    $975K
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WHAT CAN I BUY IN burr ridge ON MY BUDGET ?
LOW PRICE RANGE
MID PRICE RANGE
HIGH PRICE RANGE
$345K-$660K
Bedrooms
3.1
Bathrooms
3
Home size
2335.3Sq. Ft.
$660K-$2M
Bedrooms
4.6
Bathrooms
5.4
Home size
5804.7Sq. Ft.
$2M-$3M
Bedrooms
6
Bathrooms
7.5
Home size
9940.5Sq. Ft.
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WHAT IS FOR SALE IN burr ridge TODAY?

Single family homes for sale

Multi family homes for sale
Condos for sale

Land for sale

Townhomes homes for sale

Mobile home for sale

Parking for sale

Below market homes and deals

Short sale homes for sale

Foreclosures for sale

Homes with waterfront

Homes with pool

Homes with golf course

New construction homes

Luxury homes

All homes for sale
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burr ridge REAL ESTATE MEDIAN SALES PRICE BY MONTH

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burr ridge SOLD LISTINGS

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burr ridge ACTIVE FOR SALE LISTINGS

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burr ridge TRANSACTION VOLUME IN US DOLLARS

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burr ridge MONTH SUPPLY INVENTORY

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Schools in burr ridge

School Name Grand Level For Sale
elm elementary school Pre-School - 5th Grade View Homes For Sale
School Name Grand Level For Sale
burr ridge middle school 5th Grade - 8th Grade View Homes For Sale
pleasantdale middle school 5th Grade - 8th Grade View Homes For Sale
gower middle school 5th Grade - 8th Grade View Homes For Sale

Subdivisions in burr ridge

Subdivision
ambriance (7 for sale) View Homes For Sale
highland fields (6 for sale) View Homes For Sale
falling water (6 for sale) View Homes For Sale
fieldstone (4 for sale) View Homes For Sale
ashton woods (3 for sale) View Homes For Sale
carriage way (3 for sale) View Homes For Sale
woodview estates (2 for sale) View Homes For Sale
braemoor (2 for sale) View Homes For Sale
heather fields (2 for sale) View Homes For Sale
lakewood (1 for sale) View Homes For Sale
shadow creek (1 for sale) View Homes For Sale
forest edge (1 for sale) View Homes For Sale
burr ridge village center (1 for sale) View Homes For Sale
arrowhead farm (1 for sale) View Homes For Sale
oak hill estates (1 for sale) View Homes For Sale
madison club (1 for sale) View Homes For Sale
babson park (1 for sale) View Homes For Sale
oak creek club (1 for sale) View Homes For Sale
oak ridge creek (1 for sale) View Homes For Sale
oak knoll (1 for sale) View Homes For Sale
tri state village (1 for sale) View Homes For Sale
burr ridge club (1 for sale) View Homes For Sale
burr oaks glen south (1 for sale) View Homes For Sale
devon (1 for sale) View Homes For Sale
fieldstone club (1 for sale) View Homes For Sale
chasemoor (1 for sale) View Homes For Sale

New For Sale in Burr Ridge

Date Address Beds Baths Sq.Ft. Price
8706 Wolf, Burr Ridge, IL 60527 Jul 20, 2021 8706 wolf 2 1 1,080 ft2 $460K
Jul 22, 2021 120 carriage way 3 2 1,700 ft2 $290K
Jul 16, 2021 8937 skyline 3 2 1,864 ft2 $500K
1000 Village Center, Burr Ridge, IL 60527 May 18, 2021 1000 village center 2 2 1,612 ft2 $465K
16w324 93rd, Burr Ridge, IL 60527 Jun 30, 2021 16w324 93rd 3 2 1,202 ft2 $399K
Jul 18, 2021 9027 skyline 3 2 1,150 ft2 $425K
Jul 19, 2021 1000 village center 2 3 2,377 ft2 $608K
Jul 19, 2021 7154 fair elms 3 3 2,400 ft2 $549K
8448 Clynderven, Burr Ridge, IL 60527 Jun 16, 2021 8448 clynderven 3 3 2,615 ft2 $650K