North And Northwest of Chicago Real Estate

Niles, IL Real Estate Market Trends 12/11

Niles, IL Real Estate Market Trends

Here are the real estate trends that I compiled from MLS that will give you an idea of what to expect if you were to buy or sell a home in Niles.

The numbers below are showing median sales price by bedrooms, from 2009 - 2011. There is approximately a 37% drop in the median price from 2009  to 2011 for 2 bedrooms or less in Niles. As you see, homes with 4 bedrooms or more did not have much change when we compare 2009 and 2011.


Niles Real Estate Market Trends



Some real estate data for Niles, IL that is not shown in the graph above.
Year to date:

  • 265 units sold 
  • Average sold price is $194,086
  • Maximum sold home was $560,000
  • Average market time is 177 days (canceled and expired listings are not included)
  • currently there are 196 homes on the market with an average sales price of $256,215.


If you are thinking of buying or selling in Niles, feel free to contact me for any real estate needs you may have. No obligation comparable market analysis is available.  If you are thinking of selling your home or getting ready to buy? I'll send you current listings on the market with correct listing status (the listing could be already sold!). Many buyers are surprised that the home they liked online is already under contract. 

 

 

 Visit and choose to subscribe to my North Of Chicago real estate and other stuff blog for real estate market updates of Mount Prospect, IL and other neighboring communities.

 

Contact me for any real estate needs in Chicago's North And Northwest suburbs.
Niles Real Estate on Homes By Haris.

 Haris Dedic, Realtor®, SFR, SRES

With RE/MAX Villager

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Comment balloon 2 commentsHaris Dedic • December 11 2011 11:41AM
Niles, IL Real Estate Market Trends 12/11
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