Step into the Burr Ridge real estate rodeo! Hold onto your hats as we wrangle some wild numbers from the frontier:
First off, we’ve got a tight lasso around inventory with just 3.66 months supply—yeehaw for sellers! This means homes are as scarce as a tumbleweed in a dust storm.
Now, hold onto your saddles because we’ve seen a bucking -20.78% decrease in inventory turnover over the past year. That’s right, folks, homes are flying off the shelves faster than a calf at a rodeo!
In Burr Ridge, homes are hotter than a branding iron, spending only 18 days on the market. That’s blink-and-you’ll-miss-it fast, folks! Sellers are grinning like Cheshire cats.
And check this out—homes are fetching close to their asking prices at a sturdy 99%. No haggling needed in this corral!
Wrapping it up with a big ol’ bow, the median sold price ropes in at $699,000. Saddle up, buyers and sellers, because this market’s bucking with opportunity!
Whether you’re rustling up a new homestead or lassoing in a sale, now’s the time to mosey on over to Burr Ridge and rope yourself a piece of this booming real estate action. Happy trails, partners!