Real Estate Market Update for Burr Ridge, IL

Video: Real Estate Community Tour for Burr Ridge, IL

See Real estate community tour for Burr Ridge, IL
Welcome to July's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was up 11% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a greater selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just under 950-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 21%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 590-thousand dollars. The number of units sold decreased 54% year-over-year, and decreased 48% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Burr Ridge, IL
School Data for Burr Ridge, IL

School Name Distance Type Grades GreatSchools Rating Parent Rating
Kensington School Of The Highlands 0.4 mi Private PRESCHOOL-K 0 0
Highlands Middle School 0.5 mi Public 6-8 5 5
Highlands Elementary School 0.6 mi Public PRESCHOOL-5 4-5 5
Acacia Academy 0.8 mi Private 1-12 0 4
Ombudsman Educational Services-lyons Plus 0.9 mi Private 9-12 0 0
Elm Elementary School 1.0 mi Public K-5 5 5
Oak Elementary School 1.3 mi Public PRESCHOOL-5 5 5
Montessori For Modern Minds 1.4 mi Private PRESCHOOL- 0 0
St Cletus Elementary School 1.4 mi Catholic PRESCHOOL-8 0 4
Pleasantdale Middle School 1.7 mi Public 5-8 4-5 5
Montessori Sch Of Burr Ridge 1.8 mi Private PRESCHOOL-K 0 0
Wm F Gurrie Middle School 1.8 mi Public 7-8 2-5 5
Spring Ave Elementary School 1.8 mi Public K-6 5 5
Hinsdale Central High School 1.8 mi Public 9-12 5 4
Ideal Elementary School 1.8 mi Public PRESCHOOL-6 3-5 3
Children's Montessori Language Academy 2.0 mi Private PRESCHOOL-K 0 0
St Johns Lutheran School 2.1 mi Private PRESCHOOL-8 0 4
Creative World Montessori School 2.1 mi Private PRESCHOOL-K 0 0
Hinsdale Middle School 2.1 mi Public 6-8 5 4
Helping Hand School 2.2 mi Private UNGRADE-UNGRADE 0 0
Hinsdale Adventist Academy 2.2 mi Private PRESCHOOL-12 0 4
Madison Elementary School 2.2 mi Public K-5 5 4
St Isaac Jogues Elementary School 2.2 mi Catholic K-8 0 4
Kindercare Learning Centers 2.3 mi Private PRESCHOOL-K 0 0
Seventh Ave Elementary School 2.3 mi Public K-6 4-5 5
Nurturing Wisdom Academy 2.4 mi Private -8 0 0
Ladse Learning Center 2.4 mi Public PRESCHOOL-PRESCHOOL 0 0
Hodgkins Elementary School 2.4 mi Public K-6 1 4
Hinsdale Twp Hsd 86 Adult Opportunities Program 2.5 mi Public 12-12 0 0
The Lane Elementary School 2.6 mi Public K-5 5 5
Lyons Twp High School 2.6 mi Public 9-12 5 4
Pleasantdale Elementary School 2.6 mi Public PRESCHOOL-4 5 4
Monroe Elementary School 2.7 mi Public PRESCHOOL-5 5 5
Trinity Lutheran School 2.8 mi Private PRESCHOOL-8 0 5
Cossitt Ave Elementary School 2.8 mi Public K-6 5 4
St Francis Xavier School 2.9 mi Catholic PRESCHOOL-8 0 0
St. Francis Xavier 2.9 mi Catholic PRESCHOOL-8 0 5
Gower Middle School 2.9 mi Public 5-8 5 5
Little Peoples Country 3.0 mi Private PRESCHOOL-K 0 0
Kensington School Of Lagrange 3.0 mi Private PRESCHOOL-K 0 0
Ogden Ave Elementary School 3.0 mi Public K-6 5 4
Gower West Elementary School 3.5 mi Public PRESCHOOL-4 4-5 5
Westview Hills Middle School 3.7 mi Public 6-8 4-5 4
St Mark Christian Montessori Preschool 3.7 mi Private PRESCHOOL-K 0 0
Burr Ridge Middle School 4.0 mi Public 5-8 2-5 2
Anne M Jeans Elementary School 4.6 mi Public PRESCHOOL-4 1 3
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
Local Weather for Burr Ridge, IL
    Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.