REAL ESTATE MARKET

BURR RIDGE, ILLINOIS

February 2021

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BURR RIDGE REAL ESTATE

IS A BUYER'S MARKET

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HOW MANY MONTHS WILL IT TAKE TO SELL ALL HOMES?
  • 14.36months
    To Sell All Homes Presently For Sale
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HOW MUCH DID burr ridge BUYER PAY?

Buyers payed

Under asking price

17

Buyers payed

At asking price

1

Buyers payed

Over asking price

2

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

February 2021

  • Active Homes For Sale

Last 12 Months

254

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

Active Homes For Sale

  • January 2020

    190

  • January 2021

    304

Homes Sold

  • January 2020

    11

  • January 2021

    20
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WHAT TYPES OF HOMES ARE SELLING?

SINGLE FAMILY HOMES

Sold 16

CONDOS

Sold 3
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HOW LONG DOES IT TAKE TO SELL IN burr ridge?

burr ridge Single Family Homes

Sell Faster In January Vs December

  • December 2020

    125 days

  • January 2021

    57 days

burr ridge Condo, duplex & town-homes

Sell Slower In January Vs December

  • December 2020

    37 days

  • January 2021

    68 days
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HOW ARE PRICES TRENDING IN burr ridge?

Avarage list price decrease

Buyers bargain harder

  • December

    $1M

  • January

    $1M

Median sold price increase

Good for seller

  • December

    $740K

  • January

    $775K
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WHAT CAN I BUY IN burr ridge ON MY BUDGET ?
LOW PRICE RANGE
MID PRICE RANGE
HIGH PRICE RANGE
$170K-$473K
Bedrooms
2.7
Bathrooms
1.7
Home size
1270.7Sq. Ft.
$473K-$1M
Bedrooms
4.1
Bathrooms
4.3
Home size
3757.5Sq. Ft.
$1M-$2M
Bedrooms
5.7
Bathrooms
7.7
Home size
7356.7Sq. 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
falling water (10 for sale) View Homes For Sale
burr ridge village center (8 for sale) View Homes For Sale
highland fields (7 for sale) View Homes For Sale
ambriance (5 for sale) View Homes For Sale
arrowhead farm (3 for sale) View Homes For Sale
fieldstone (3 for sale) View Homes For Sale
burr oaks glen north (3 for sale) View Homes For Sale
carriage way (3 for sale) View Homes For Sale
heather fields (2 for sale) View Homes For Sale
oak knoll (2 for sale) View Homes For Sale
pine tree (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
ashton woods (1 for sale) View Homes For Sale
savoy club (1 for sale) View Homes For Sale
burr ridge club (1 for sale) View Homes For Sale
lake ridge club (1 for sale) View Homes For Sale
oak ridge creek (1 for sale) View Homes For Sale
tartan ridge (1 for sale) View Homes For Sale
oak hill estates (1 for sale) View Homes For Sale
devon woods (1 for sale) View Homes For Sale
chasemoor (1 for sale) View Homes For Sale
shadow creek (1 for sale) View Homes For Sale
parkview (1 for sale) View Homes For Sale
woodview estates (1 for sale) View Homes For Sale

New For Sale in Burr Ridge

Date Address Beds Baths Sq.Ft. Price
8921 Elm, Burr Ridge, IL 60527 Feb 25, 2021 8921 elm 2 1 1,032 ft2 $280K
8921 Elm, Burr Ridge, IL 60527 Feb 25, 2021 8921 elm 2 1 0 ft2 $280K
Feb 05, 2021 8706 wolf 2 1 1,080 ft2 $550K
Dec 08, 2020 450 village center 2 2 1,339 ft2 $365K
850 Village Center, Burr Ridge, IL 60527 Jan 21, 2021 850 village center 2 2 1,200 ft2 $370K
450 Village Center, Burr Ridge, IL 60527 Jan 31, 2021 450 village center 2 2 1,434 ft2 $395K
450 Village Center, Burr Ridge, IL 60527 Feb 23, 2021 450 village center 2 2 1,434 ft2 $415K
Jan 20, 2021 11249 74th 3 2 1,200 ft2 $450K
9340 Madison, Burr Ridge, IL 60527 Feb 12, 2021 9340 madison 3 3 2,606 ft2 $495K