March 2015 real estate market in Gilberts, IL 60136

Single Family Housing data taken from the MRED MLS

The market activity for the 30 days included 6 closed sales of Single Family Housing, 7 went under contract and there were 12 new listings

In the last 12 months median sales prices decreased -9.8%

Marketing Time decreased -9.8% to an average of 111 days on the market

Now there is a 4.5 Month Supply of Inventory at the current level of absorption, this level of inventory is considered in balance

Distressed sales, Bank Owned and Short Sales account for approximately 34% of total sales

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