Des Plaines, IL Market Conditions Update for May 2007

Here are the latest real estate market statistics for Des Plaines, IL. These numbers represent single family (SFR) homes and condos.  The percentage of homes on the market where the asking price has been reduced*: 37.1%

Average	April 2007	May 2007	% Change
Asking Price	$282,253	$264,404	-6.3%
Sales Price	$273,264	$254,022	-7.0%
% of Asking Price	97%	96%	-1.0%
$/SQFT	$190	$185	-2.6%
Days on Market	140	122	-12.9%
Total Transactions	65	80	23.1%

Search for homes in Des Plaines, IL.  Read a community overview for Des Plaines, IL.  Read more real estate profiles and neighborhood overviews for the greater Chicago area.

All numbers are from the MLS and are deemed reliable but not guaranteed. * Market numbers as of 6/5/2007:  1,019 properties on the market with 378 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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