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 October's Market Update. Lets take a look at residential real-estate activity in your area during the month of September. The number of active listings was down 20% from one year earlier, and down 4% 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 under 900-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 38%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 580-thousand dollars. The number of units sold increased 41% year-over-year, and decreased 29% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. 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 School Rating Parent Rating
Highlands Middle School 0.5 mi Public 6-8 5 2
Highlands Elementary School 0.6 mi Public PRESCHOOL-5 5 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 4
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 4 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 2 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 PRESCHOOL-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 Center - Willowbrook 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 3 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 4 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
Gower Middle School 2.9 mi Public 5-8 5 0
St. Francis Xavier 3.0 mi Catholic PRESCHOOL-8 0 0
St Francis Xavier School 3.0 mi Catholic PRESCHOOL-1 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
Burr Ridge Middle School 4.0 mi Public 5-8 2 0
Anne M Jeans Elementary School 4.6 mi Public PRESCHOOL-4 2 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 School Review data by
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.