📈 BERWYN MARKET REPORT: Sales Continue Decline, Prices Fall Slightly
Home sales in the Berwyn market dipped below its average sales volume for the prior 12-month period. In this week’s report, they slid 10.9% to 57 homes sold over the last 30 days.
On the other hand, close-by Chicago registered 3,168 homes sold in the same time frame, the most of all surrounding cities.
Potential buyers should note that prices are coming down in Berwyn, and for this period the median sales price slid from $231,950 to $200,000.
With only three months of inventory to sell, Berwyn is still a seller’s market, in spite of the dip in sales.
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 like FitzGerald’s Nightclub who hosts the annual American Music Festival which is in its 36th year and features music that is representative of America’s diverse musical landscape. 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.