In this presentation real estate appraiser Michael Walsh shares his market analysis on detached single-family homes in the village of Schiller Park IL 60176

1. Single Family Housing
Schiller Park, Illinois 60176

2. Single family home data taken from
the MRED MLS

3. In the last 30 days there were 4 closed sales of Detached Homes
7 went under contract and there were 4 new listings

4. In the last 12 months median sales prices increased +5.0%

5. Marketing Time is down -8.3% to an average of 100 days
on the market

6. Now there is a 5.5 Month Supply of Inventory at the
current level of absorption, this level is considered a
oversupply

7. Distressed sales, Bank Owned and Short Sales account
for approximately 27% of total sales

8. Citywide Services performs residential real estate
appraisals in Schiller Park. Appraisals for divorce, estate,
bankruptcy, tax appeal, bail bonds, and for sale by
owner. Call 708-449-4100 www.appraisercitywide.com