North And Northwest of Chicago Real Estate : Illinois: Niles

Niles, IL Real Estate Market Trends ~ 2009

There were 221 properties sold in 2009 in Niles, IL with an average market time of 196 days. Average sold price was $246,982. The minimum sold home had a value of $57,000 and the most expensive sold home was $785,000 in 2009.

 

Niles, IL Real Estate Market Trends

Below real estate statistics chart is for detached single family homes sold in 2009.

 

Niles, IL Real Estate Market Trends

 

On the first chart you can see, market time, average sold price, and how many condos and townhomes were sold in 2009.

 

Niles, IL Real Estate Market Trends

 

Few Stats from National Association of REALTORS®, 2009

Selling a home is a full-time job. And most of today's buyers are online (nearly 9 of 10 recent buyers used the Internet in their home search), and unrepresented sellers have no access to major online marketing avenues such as REALTOR.com and other sites with large pools of listings to which buyers are attracted.

Just 13% of recent sellers sold their home without professional representation. Only 7% of these sales were on the open market (cases where unrepresented sellers were selling to family, friends and neighbors account for 6 percent of all recent home sale activity).

 

Check here for my regular posts on the local real estate market conditions and other local community events.

Feel free to contact me if you have any Real Estate questions regarding Niles, IL and other neighboring areas.

Homes By Haris

 Haris Dedic, Realtor®, SFR, SRES

With RE/MAX Villager

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Comment balloon 0 commentsHaris Dedic • January 25 2010 12:49AM
Niles, IL Real Estate Market Trends ~ 2009
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There were 221 properties sold in 2009 in Niles, IL with an average market time of 196 days. Average sold price was $246, 982 The minimum sold home had a value of $57, 000 and the most expensive sold home was $785, 000 in 2009 … more
Top 5 Businesses In Niles IL By Yelp Users
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5 Highest rated businesses in Niles by Yelp users. 1. Irv & Shelly's Fresh Picks Fruits & Veggies 5625 W Howard St Niles, IL 60714 (847) 410-0595 www. freshpicks. com 2. Affy Tapple Inc .. more