📈 BERWYN DATA REPORT: Sales Lower Overall, Still A Seller’s Market
This week in the Berwyn market, sales fell to 45 homes sold over the last 30 days, coinciding with an identified downward trend in price reductions.
All indications show that the trend may be coming to an end soon, meaning more price reductions over the next few weeks. Potential buyers should note that prices went up in Berwyn in general, with the median for this period rising from $184,450 to $190,000.
In spite of the decrease in overall sales, a low three months of inventory signals that Berwyn is still a seller’s market!
Want to know what makes Berwyn so great?
Berwyn, located just eight miles from downtown Chicago, is a great suburb for anyone looking to buy, Berwyn’s affordable housing stock boasts beautiful historical bungalows and Victorians that are only a short walk away from Berwyn’s three Metra stations. The ease of access to public transport makes Berwyn unique. Berwyn also has plenty of special local businesses that host events like The Outtaspace who are housing a World Peace Party, which is an event held in celebration of each person’s unique perspective and what they bring into the world in terms of art, music, and creativity. Interested in a suburb that feels like a city? A town where businesses and neighbors care, support each other, and are inclusive? Check out listings in Berwyn here today!
What does this mean for you?
Sellers: It’s a seller’s market! Learn why now is the BEST time to sell your home. bit.ly/Sell4TopDollar.
Buyers: Great homes don’t last long! Don’t miss out on your dream home — make sure you take a look at the BEST and latest listings. bit.ly/HomeSearchToday.
Contact me to go over your options. Message me or call 630.460.7953.
About Gerardo Zavala:
Gerardo Zavala is a full-time REALTOR® at Realty of Chicago, a full-service real estate agency founded by Eduardo “Eddie” Garcia in 2005. Both Gerardo and the agency specialize in marketing residential, commercial, and investment properties through its vibrant social media and video channels. The company’s motto “#LoveWhatYouDo” is an empowerment to everyone that is living their dream just as ROC agents do.