September 2015 Condominium market Arlington Heights, Illinois

Attached home & Condominium data taken from the MRED MLS

In the last 30 days there were 46 closed sales of Attached Homes 40 went under contract and there were 53 new listings

In the last 12 months median sales prices increased +18.1%

Marketing Time decreased -14.7% to an average of 64 days on the market

Now there is a 3.0 Month Supply of Inventory at the current level of absorption, this level is considered in balance

Distressed sales, Bank Owned and Short Sales account for approximately 18% of total sales

Citywide Services performs residential real estate appraisals in Arlington Heights, IL Appraisals for divorce, estate, bankruptcy, tax appeal, bail bonds, and for sale by owner. Call 312.479.5344 www.appraisercitywide.com