REAL ESTATE MARKET

burr ridge, ILLINOIS

April 2020

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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?
  • 16.47months
    To Sell All Homes Presently For Sale
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HOW MUCH DID burr ridge BUYER PAY?

Buyers payed

Under asking price

11

Buyers payed

At asking price

1

Buyers payed

Over asking price

1

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

April 2020

269

  • Active Homes For Sale

Last 12 Months

196

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

Active Homes For Sale

  • March 2019

    219

  • March 2020

    269

Homes Sold

  • March 2019

    12

  • March 2020

    13
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WHAT TYPES OF HOMES ARE SELLING?

SINGLE FAMILY HOMES

Sold 9

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 March Vs February

  • February 2020

    74 days

  • March 2020

    48 days

burr ridge Condo, duplex & town-homes

Sell Faster In March Vs February

  • February 2020

    13 days

  • March 2020

    8 days
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HOW ARE PRICES TRENDING IN burr ridge?

Avarage list price decrease

Buyers bargain harder

  • February

    $1M

  • March

    $1M

Median sold price decrease

Buyers bargain harder

  • February

    $650K

  • March

    $589K
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WHAT CAN I BUY IN burr ridge ON MY BUDGET ?
LOW PRICE RANGE
MID PRICE RANGE
HIGH PRICE RANGE
$195K-$392K
Bedrooms
2.3
Bathrooms
2
Home size
1336Sq. Ft.
$392K-$1M
Bedrooms
4.7
Bathrooms
3.7
Home size
4071.2Sq. Ft.
$1M-$1M
Bedrooms
5
Bathrooms
5.1
Home size
8755Sq. 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 (16 for sale) View Homes For Sale
highland fields (8 for sale) View Homes For Sale
chestnut hills (8 for sale) View Homes For Sale
ambriance (6 for sale) View Homes For Sale
burr ridge village center (6 for sale) View Homes For Sale
fieldstone (4 for sale) View Homes For Sale
ashton woods (4 for sale) View Homes For Sale
burr ridge club (4 for sale) View Homes For Sale
arrowhead farm (4 for sale) View Homes For Sale
burr ridge meadows (4 for sale) View Homes For Sale
babson park (3 for sale) View Homes For Sale
burr oaks glen north (3 for sale) View Homes For Sale
chasemoor (3 for sale) View Homes For Sale
woodview estates (2 for sale) View Homes For Sale
pine tree (2 for sale) View Homes For Sale
oak creek club (2 for sale) View Homes For Sale
carriage way (2 for sale) View Homes For Sale
braemoor (2 for sale) View Homes For Sale
oak knoll (2 for sale) View Homes For Sale
savoy 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
devon ridge (1 for sale) View Homes For Sale
lake ridge (1 for sale) View Homes For Sale
madison club (1 for sale) View Homes For Sale
devon (1 for sale) View Homes For Sale
cambridge estates (1 for sale) View Homes For Sale
fieldstone club (1 for sale) View Homes For Sale
spring acres (1 for sale) View Homes For Sale
secret forest (1 for sale) View Homes For Sale
lakewood (1 for sale) View Homes For Sale
shadow creek (1 for sale) View Homes For Sale
villas at the oaks (1 for sale) View Homes For Sale

New For Sale in Burr Ridge

Date Address Beds Baths Sq.Ft. Price
Sep 03, 2019 11215 73rd 2 1 809 ft2 $269K
Feb 19, 2020 8401 county line 4 2 1,311 ft2 $849K
Feb 13, 2020 15w345 81st 3 2 1,570 ft2 $249K
Mar 15, 2020 8614 meadowbrook 3 2 2,604 ft2 $375K
Mar 30, 2020 7336 chestnut hills 2 2 1,500 ft2 $356K
Nov 10, 2019 450 village center 2 2 1,339 ft2 $365K
Mar 10, 2020 850 village center 2 2 0 ft2 $400K
Mar 19, 2020 15w776 74th 4 2 1,052 ft2 $380K
Mar 14, 2020 7719 hamilton 4 2 1,361 ft2 $500K