Appraisers Real Estate Appraisal, Darien, Illinois 60561

Darien, Illinois 60561

Darien is a city located in DuPage County, Illinois, USA. As of the 2000 census, the city had a total population of 22,860. According to the United States Census Bureau, the city has a total area of 6.1 square miles.

The city's municipal neighbors include Westmont to the north, Willowbrook on the north, east and south, and Downers Grove & Woodridge to the west.

According to data from the Northern Illinois MLS, there were 123 sales of detached single family homes in 2007. The sales volume was down from 163 sales in 2006. Sales prices decreased with the average 2007 sales price at $385,322.00, compared to $403,979.00 in 2006. Marketing times were an average of 114 days on the market, up over the 2006 average of 81 days.

As of January 26, 2008 there are 97 active listings of single family detached homes in the MLS. At the 2007 level of absorption this is 9.46 months of unsold available inventory. A 3-4 months supply of inventory is considered "in balance", this level is an oversupply.

To recap 2007 for detached homes, sales volume was down -30.06%, average sales prices were down -4.61%, and the days on the market were up +40.74. This market is oversupplied and the 97 active listings have already been on the market an average of 178 days.

The condo/townhouse market had 125 sales, down from the 180 properties that sold in 2006. Sales prices saw a slight decrease with the average 2007 sales price at $252,236.00, compared to $254,807.00 in 2006. Marketing times were an average of 103 days on the market, up over the 2006 average of 547 days.

There are 84 active listings of attached homes in the MLS. Based on the 2007 level of absorption this is 8.06 months of unsold inventory.

The condo/townhouse market is over supplied, sales volume was down -30.55%, average sales prices are considered stable with a -1.00% change, and the days on the market were up +90.74%. The 84 active MLS listings have been on the market an average of 144 days.

If you have an active listing or need to sell in 2008 now is the time to get an appraisal. The market has changed and only the most competitively priced homes will be selling soon.

Make sure that your listing is competitive, get a current appraisal. Complete appraisals of single family homes and condominiums start at $275.00. this is a small price to pay for knowledge that will help you position your house to sell in the current market.

Citywide Services provides residential appraisal service in Darien, IL. 60561. Our appraisers are certified by the State of Illinois. We have experience with all types of residential property and appraise single family homes, townhouses, condominiums as well as small residential income properties. When you need to find an appraiser in Dupage County contact Citywide.

To order an appraisal or to speak with an appraiser call 1-800-405-9718

City of Darien Website

Geographic Area: Darien , Illinois 60561

Subject	Number	Percent	Subject	Number	Percent

Total housing units	9,053	100.0	OCCUPANTS PER ROOM
UNITS IN STRUCTURE			Occupied housing units	8,897	100.0
1-unit, detached	5,913	65.3	1.00 or less	8,835	99.3
1-unit, attached	1,448	16.0	1.01 to 1.50	52	0.6
2 units	8	0.1	1.51 or more	10	0.1
3 or 4 units	317	3.5
5 to 9 units	387	4.3	Specified owner-occupied units	6,893	100.0
10 to 19 units	264	2.9	VALUE
20 or more units	716	7.9	Less than $50,000	46	0.7
Mobile home	0	0.0	$50,000 to $99,999	70	1.0
Boat, RV, van, etc.	0	0.0	$100,000 to $149,999	626	9.1
			$150,000 to $199,000	2,020	29.3
YEAR STRUCTURE BUILT			$200,000 to $299,999	3,155	45.8
1999 to March 2000	146	1.6	$300,000 to $499,999	753	10.9
1995 to 1998	635	7.0	$500,000 to $999,999	223	3.2
1990 to 1994	938	10.4	$1,000,000 or more	0	0.0
1980 to 1989	1,854	20.5	Median (dollars)	213,300	(x)
1970 to 1979	3,226	35.6
1960 to 1969	1,535	17.0	MORTGAGE STATUS AND SELECTED
1940 to 1959	674	7.4	MONTHLY OWNER COSTS
1939 or earlier	45	0.5	With a mortgage	5,260	76.3
			Less than $300	6	0.1
ROOMS			$300 to $499	22	0.3
1 room	9	0.1	$500 to $699	94	1.4
2 rooms	116	1.3	$700 to $999	406	5.9
3 rooms	368	4.1	$1,000 to $1,499	1,782	25.9
4 rooms	719	7.9	$1,500 to $1,999	1,815	26.3
5 rooms	1,149	12.7	$2,000 or more	1,135	16.5
6 rooms	1,810	20.0	Median (dollars)	1,571	(x)
7 rooms	1,635	18.1	Not mortgaged	1,633	23.7
8 rooms	1,809	20.0	Median (dollars)	556	(x)
9 or more rooms	1,438	15.9
Median (rooms)	6.7	(x)	SELECTED MONTHLY OWNER COSTS
			AS A PERCENTAGE OF HOUSEHOLD
Occupied Housing Units	8,897	100.0	INCOME IN 1999
YEAR HOUSEHOLDER MOVED INTO UNIT			Less than 15 percent	2,196	31.9
1999 to March 2000	1,051	11.8	15 to 19 percent	1,236	17.9
1995 to 1998	2,346	26.4	20 to 24 percent	1,115	16.2
1990 to 1994	2,057	23.1	25 to 29 percent	789	11.4
1980 to 1989	1,710	19.2	30 to 34 percent	569	8.3
1970 to 1979	1,295	14.6	35 percent or more	979	14.2
1969 or earlier	438	4.9	Not computed	9	0.1

VEHICLES AVAILABLE			Specified renter-occupied units	1,223	100.0
None	374	4.2	GROSS RENT
1	2,465	27.7	Less than $200	8	0.7
2	4,226	47.5	$200 to $299	0	0.0
3 or more	1,832	20.6	$300 to $499	23	1.9
			$500 to $749	546	44.6
HOUSE HEATING FUEL			$750 to $999	235	19.2
Utility Gas	7,935	89.2	$1,000 to $1,499	318	26.0
Bottled, Tank, or LP gas	21	0.2	$1,500 or more	39	3.2
Electricity	895	10.1	No cash rent	54	4.4
Fuel oil, kerosene, etc.	0	0.0	Median (dollars)	754	(x)
Coal or coke	0	0.0
Wood	0	0.0	GROSS RENT AS A PERCENTAGE OF
Solar energy	0	0.0	HOUSEHOLD INCOME IN 1999
Other fuel	34	0.4	Less than 15 percent	222	18.2
No fuel used	12	0.1	15 to 19 percent	229	18.7
			20 to 24 percent	226	18.5
SELECTED CHARACTERISTICS			25 to 29 percent	91	7.4
Lacking complete plumbing facilities	9	0.1	30 to 34 percent	60	4.9
Lacking complete kitchen facilities	17	0.2	35 percent or more	321	26.2
No telephone service	17	0.2	Not computed	74	6.1
-Represent zero or rounds to zero. (X) Not applicable. Source: U.S. Bureau of the Census, Census 2000

Darien Relocation Appraisals