Bolingbrook Home Sales Drop, But Prices Up in January

The Mainstreet Organization of Realtors tracks home sales, median sale prices.

Credit: File photo
Credit: File photo

The 38 single, detached homes sold in Bolingbrook during January 2014 represented a 7.3 percent decrease from January 2013, when 41 homes were sold, according to statistics provided by the Mainstreet Organization of Realtors and the North Shore-Barrington Association of Realtors.

There were 45 homes sold in Bolingbrook in December.

Meanwhile, the median home sales price increased in Bolingbrook during January. The median price increased 23.5 percent to $185,250 from $150,000 in January 2013, according to the statistics.

“Home prices in suburban Chicago have continued to experience healthy, sustainable growth in the first month of 2014,” said Michael Parent, president of MORe and Vice President of Operations for Burnet Title’s Chicago Region. “One of many factors driving increased prices is a continued lack of inventory, which will likely improve as people come out of hibernation and the market starts breaking open in March or April.”

Top Performers

  • Largest percentage increase in homes sold: Darien (100 percent)

  • Largest percentage increase in median sales price: Kenilworth (121.6 percent)

  • Most homes sold in January 2014: Naperville (74)

  • Highest median sales price in January 2014 (MORe): Hinsdale ($770,000)

  • Highest median sales price in January 2014 (NSBAR): Winnetka ($1.578 million)

Related: A chart of January sales for all Patch towns in the Chicago area.


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