Real Estate Market Update for Burr Ridge, IL
Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was up 8% from one year earlier, and down 5% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 850-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 8%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 490-thousand dollars. The number of units sold increased 29% year-over-year, and increased 57% 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.
Show Transcript
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
Elm Elementary School 1.0 mi Public K-5 5 5
Oak Elementary School 1.3 mi Public PRESCHOOL-5 5 5
St Cletus Elementary School 1.4 mi Catholic PRESCHOOL-8 0 4
Pleasantdale Middle School 1.7 mi Public 5-8 4-5 5
Wm F Gurrie Middle School 1.8 mi Public 7-8 3 5
Spring Ave Elementary School 1.8 mi Public PRESCHOOL-6 4-5 5
Hinsdale Central High School 1.8 mi Public 9-12 5 4
Ideal Elementary School 1.8 mi Public PRESCHOOL-6 2-5 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
Ladse Learning Center 2.4 mi Public PRESCHOOL-10 0 0
Hodgkins Elementary School 2.4 mi Public K-6 2-5 4
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 4-5 4
St Francis Zavier 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 4-5 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
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 1 2
Anne M Jeans Elementary School 4.6 mi Public PRESCHOOL-4 2 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 © 2014
Local Weather for Burr Ridge, IL
    Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.