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 August'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 down 14% from one year earlier, and down 2% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 900-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 36%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 530-thousand dollars. The number of units sold increased 125% year-over-year, and increased 50% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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 School Rating Parent Rating
Highlands Middle School 0.5 mi Public 6-8 5 0
Kensington School Of The Highlands 0.5 mi Private PRESCHOOL-K 0 0
Highlands Elementary School 0.6 mi Public PRESCHOOL-5 4 0
Acacia Academy 0.8 mi Private 1-12 0 0
Ombudsman Educational Services-lyons Plus 0.9 mi Private 9-12 0 0
Elm Elementary School 1.0 mi Public K-5 5 0
Oak Elementary School 1.3 mi Public PRESCHOOL-5 5 0
St Cletus Elementary School 1.4 mi Catholic PRESCHOOL-8 0 0
Hinsdale Central High School 1.7 mi Public 9-12 5 4
Pleasantdale Middle School 1.7 mi Public 5-8 5 0
Wm F Gurrie Middle School 1.8 mi Public 7-8 4 0
Spring Ave Elementary School 1.8 mi Public K-6 5 0
Ideal Elementary School 1.8 mi Public PRESCHOOL-6 3 0
Children's Montessori Language Academy 2.1 mi Private PRESCHOOL-K 0 0
St Johns Lutheran School 2.1 mi Private PRESCHOOL-8 0 0
Creative World Montessori School 2.1 mi Private PRESCHOOL-K 0 0
Hinsdale Middle School 2.1 mi Public 6-8 5 0
Helping Hand School 2.2 mi Private UNGRADE-UNGRADE 0 0
Hinsdale Adventist Academy 2.2 mi Private PRESCHOOL-12 0 0
Madison Elementary School 2.2 mi Public K-5 5 0
St Isaac Jogues Elementary School 2.2 mi Catholic K-8 0 0
Montessori For Modern Minds 2.3 mi Private PRESCHOOL- 0 0
Nurturing Wisdom Academy 2.3 mi Private -8 0 0
Kindercare Learning Centers 2.3 mi Private PRESCHOOL-K 0 0
Seventh Ave Elementary School 2.3 mi Public K-6 4 0
Hodgkins Elementary School 2.5 mi Public K-6 2 0
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 0
Lyons Twp High School 2.6 mi Public 9-12 5 4
Pleasantdale Elementary School 2.6 mi Public PRESCHOOL-4 4 0
Monroe Elementary School 2.7 mi Public PRESCHOOL-5 5 0
Trinity Lutheran School 2.8 mi Private PRESCHOOL-8 0 0
Cossitt Ave Elementary School 2.8 mi Public K-6 5 0
St Francis Xavier School 2.9 mi Catholic PRESCHOOL-1 0 0
Little Peoples Country 2.9 mi Private PRESCHOOL-K 0 0
Gower Middle School 2.9 mi Public 5-8 5 0
St. Francis Xavier 3.0 mi Catholic PRESCHOOL-8 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 0
Gower West Elementary School 3.5 mi Public PRESCHOOL-4 5 0
Westview Hills Middle School 3.7 mi Public 6-8 4 4
St Mark Christian Montessori Preschool 3.7 mi Private PRESCHOOL-K 0 0
Burr Ridge Middle School 4.0 mi Public 5-8 3 0
Anne M Jeans Elementary School 4.6 mi Public PRESCHOOL-4 1 0
Montessori Sch Of Burr Ridge 6,117.0 mi Private PRESCHOOL-K 0 0
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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
Local Weather for Burr Ridge, IL
    Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.