Housing Market – Current Conditions for Clarendon Hills IL

  • Mike McCurry
  • 08/23/10
Currently in Clarendon Hills, there are 96 single-family homes available with an average list price of $671,608. 23 of those listed with 5 bedrooms or more have an average list price of $1,021,330. There were 103 properties sold within the last 12 months for an average of $580,136. The average sales price to the listing price is 92%.
 
There are 52 condos or townhomes available with an average list price of $262,736. There were 19 properties sold at an average of $259,729, which is 98% of the list price.
 
Schools and locations in Chicago continue to drive buyers to Clarendon Hills. Proximity to the train and friendly downtown area are also key factors why buyers consider purchasing homes in Clarendon Hills.
The market heated up the last 6 months with 13 homes selling over $1,000,000 with the highest at $1,950,000. 3 out of 13 or 17.6% of the homes listed for sale at over $1,000,000 are currently under contract.
 
Clarendon Hills is an affluent community with well-planned neighborhoods and beautifully designed homes. Residents of Clarendon Hills enjoy the peaceful neighborhoods while convenient shopping, amenities, and outdoor recreations are located nearby. The downtown business district offers three restaurants, Scapa, Maijean, and Tres Agaves. There are other hot spots like All Wined Up which features Clarendon Hills' very own wine bar and a festive environment. There are two coffee shops, Quinn’s and Starbucks. The International Plaza Shopping Center and St. James Crossing also offer an array of stores and dining for its residents to enjoy close to their doorsteps. There are also popular golf courses, parks, and lakes nearby providing residents with plenty of outdoor recreation. Hinsdale Golf Club is located on the north side of Clarendon Hills. public education (Community Consolidated School District 181 and Hinsdale Township High School District 86) and private education (Notre Dame on Golf and Chicago Ave., Hinsdale Adventist Academy, St. Isaac Jogues Elementary School, and Zion Lutheran School). Clarendon Hills is also minutes away from downtown Chicago where its residents have easy access to all the amenities, entertainment, and economic resources of the big city.
 
Author: Mike McCurry
 
 

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