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Glendale Heights, Illinois 60139
Glendale Heights is a village located in DuPage County, Illinois. As of the 2000 census, the village had a total population of 31,765.The total land area of the village is 5.4 square miles.
The village's municipal neighbors include Bloomingdale to the north, Addison to the east, Glen Ellyn to the south, and Carol Stream to the west. Transportation links include Rt 64 North Avenue and Army Trail Road. Commuter train service to Chicago is available with a station in nearby Glen Ellyn. O'Hare International Airport is approximately 13 miles from the village.
According to data from the Northern Illinois MLS, there were 126 sales of single family homes in 2007. The sales volume was down from 243 sales in 2006. Sales prices decreased with the average 2007 sales price at $257,116.00, compared to $262,527.00 in 2006. Marketing times were an average of 142 days on the market, up over the 2006 average of 82 days.
As of January 15, 2008 there are 169 active listings of single family detached homes in the MLS. At the 2007 level of absorption this is 16.09 months of unsold available inventory. A 3-4 months supply of inventory is considered "in balance", this level is a large oversupply.
To recap 2007 for detached homes, sales volume was down -48.14%, average sales prices were down -2.06%, and the days on the market were up +73.17%. This market is oversupplied and the 169 active listings have already been on the market an average of 163 days.
The condo/townhouse market had 239 sales down from the 370 properties that sold in 2006. Sales prices saw a slight increase with the average 2007 sales price at $173,528.00, compared to $171,122.00 in 2006. Marketing times were an average of 119 days on the market, up over the 2006 average of 83 days.
There are 189 active listings of attached homes in the MLS. Based on the 2007 level of absorption this is 9.49 months of unsold inventory.
The condo/townhouse market is over supplied, sales volume was down -35.40%, average sales prices were up +1.40%, and the days on the market were up +43.37%. The 189 active MLS listings have been on the market an average of 147 days.
Overall there is too much inventory for the demand, this points to long marketing times and lower prices in 2008.
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 Glendale Heights, Illinois 60139. Our appraisers are state certified and have experience with single family homes, town houses, condominiums as well as small residential income properties. When you need to find a real estate appraiser in DuPage County contact Citywide.
To order an appraisal or to speak with an appraiser call 1-800-405-9718
Geographic Area: Glendale Heights, Du Page County Illinois 60139
| Subject |
Number |
Percent |
|
Subject |
Number |
Percent |
|
| Total housing units |
11,292 |
100.0 |
|
OCCUPANTS PER ROOM |
|
|
| UNITS IN STRUCTURE |
|
|
|
Occupied housing units |
10,962 |
100.0 |
| 1-unit, detached |
5,258 |
46.6 |
|
1.00 or less |
9,979 |
91.0 |
| 1-unit, attached |
2,146 |
19.0 |
|
1.01 to 1.50 |
523 |
4.8 |
| 2 units |
11 |
0.1 |
|
1.51 or more |
460 |
4.2 |
| 3 or 4 units |
225 |
2.0 |
|
|
|
|
| 5 to 9 units |
1,305 |
11.6 |
|
Specified owner-occupied units |
6,815 |
100.0 |
| 10 to 19 units |
1,426 |
12.6 |
|
VALUE |
|
|
| 20 or more units |
906 |
8.0 |
|
Less than $50,000 |
56 |
0.8 |
| Mobile home |
15 |
0.1 |
|
$50,000 to $99,999 |
412 |
6.0 |
| Boat, RV, van, etc. |
0 |
0.0 |
|
$100,000 to $149,999 |
3,478 |
51.0 |
| |
|
|
|
$150,000 to $199,000 |
2,313 |
33.9 |
| YEAR STRUCTURE BUILT |
|
|
|
$200,000 to $299,999 |
512 |
7.5 |
| 1999 to March 2000 |
302 |
2.7 |
|
$300,000 to $499,999 |
27 |
0.4 |
| 1995 to 1998 |
385 |
3.4 |
|
$500,000 to $999,999 |
0 |
0.0 |
| 1990 to 1994 |
1,167 |
10.3 |
|
$1,000,000 or more |
17 |
0.2 |
| 1980 to 1989 |
2,649 |
23.5 |
|
Median (dollars) |
144,000 |
(X) |
| 1970 to 1979 |
4,083 |
36.2 |
|
|
|
|
| 1960 to 1969 |
2,166 |
19.2 |
|
MORTGAGE STATUS AND SELECTED |
|
|
| 1940 to 1959 |
437 |
3.9 |
|
MONTHLY OWNER COSTS |
|
|
| 1939 or earlier |
103 |
0.9 |
|
With a mortgage |
5,955 |
87.4 |
| |
|
|
|
Less than $300 |
0 |
0.0 |
| ROOMS |
|
|
|
$300 to $499 |
52 |
0.8 |
| 1 room |
219 |
1.9 |
|
$500 to $699 |
199 |
2.9 |
| 2 rooms |
759 |
6.7 |
|
$700 to $999 |
776 |
11.4 |
| 3 rooms |
1,299 |
11.5 |
|
$1,000 to $1,499 |
2,907 |
42.7 |
| 4 rooms |
1,812 |
16.0 |
|
$1,500 to $1,999 |
1,635 |
24.0 |
| 5 rooms |
2,066 |
18.3 |
|
$2,000 or more |
386 |
5.7 |
| 6 rooms |
1,999 |
17.7 |
|
Median (dollars) |
1,339 |
(X) |
| 7 rooms |
1,675 |
14.8 |
|
Not mortgaged |
860 |
12.6 |
| 8 rooms |
870 |
7.7 |
|
Median (dollars) |
447 |
(X) |
| 9 or more rooms |
593 |
5.3 |
|
|
|
|
| Median (rooms) |
5.3 |
(X) |
|
SELECTED MONTHLY OWNER COSTS |
|
|
| |
|
|
|
AS A PERCENTAGE OF HOUSEHOLD |
|
|
| Occupied Housing Units |
10,962 |
100.0 |
|
INCOME IN 1999 |
|
|
| YEAR HOUSEHOLDER MOVED INTO UNIT |
|
|
|
Less than 15 percent |
1,604 |
23.5 |
| 1999 to March 2000 |
2,776 |
25.3 |
|
15 to 19 percent |
1,355 |
19.9 |
| 1995 to 1998 |
3,492 |
31.9 |
|
20 to 24 percent |
1,166 |
17.1 |
| 1990 to 1994 |
1,713 |
15.6 |
|
25 to 29 percent |
797 |
11.7 |
| 1980 to 1989 |
1,609 |
14.7 |
|
30 to 34 percent |
650 |
9.5 |
| 1970 to 1979 |
939 |
8.6 |
|
35 percent or more |
1,230 |
18.0 |
| 1969 or earlier |
433 |
4.0 |
|
Not computed |
13 |
0.2 |
| |
|
|
|
|
|
|
| VEHICLES AVAILABLE |
|
|
|
Specified renter-occupied units |
3,212 |
100.0 |
| None |
569 |
5.2 |
|
GROSS RENT |
|
|
| 1 |
3,382 |
30.9 |
|
Less than $200 |
89 |
2.8 |
| 2 |
4,980 |
45.4 |
|
$200 to $299 |
43 |
1.3 |
| 3 or more |
2,031 |
18.5 |
|
$300 to $499 |
58 |
1.8 |
| |
|
|
|
$500 to $749 |
850 |
26.5 |
| HOUSE HEATING FUEL |
|
|
|
$750 to $999 |
1,536 |
47.8 |
| Utility Gas |
9,255 |
84.4 |
|
$1,000 to $1,499 |
559 |
17.4 |
| Bottled, Tank, or LP gas |
123 |
1.1 |
|
$1,500 or more |
50 |
1.6 |
| Electricity |
1,457 |
13.3 |
|
No cash rent |
27 |
0.8 |
| Fuel oil, kerosene, etc. |
0 |
0.0 |
|
Median (dollars) |
822 |
(X) |
| Coal or coke |
0 |
0.0 |
|
|
|
|
| Wood |
10 |
0.1 |
|
GROSS RENT AS A PERCENTAGE OF |
|
|
| Solar energy |
0 |
0.0 |
|
HOUSEHOLD INCOME IN 1999 |
|
|
| Other fuel |
51 |
0.5 |
|
Less than 15 percent |
450 |
14.0 |
| No fuel used |
66 |
0.6 |
|
15 to 19 percent |
621 |
19.3 |
| |
|
|
|
20 to 24 percent |
478 |
14.9 |
| SELECTED CHARACTERISTICS |
|
|
|
25 to 29 percent |
415 |
12.9 |
| Lacking complete plumbing facilities |
90 |
0.8 |
|
30 to 34 percent |
358 |
11.1 |
| Lacking complete kitchen facilities |
42 |
0.4 |
|
35 percent or more |
761 |
23.7 |
| No telephone service |
71 |
0.6 |
|
Not computed |
129 |
4.0 |
| |
| -Represent zero or rounds to zero. (X) Not applicable. |
| Source: U.S. Bureau of the Census, Census 2000. |
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