DuPage County Real Estate Values - GOOD News
By Richard Parr, Home Security Specialist - Greater New Orleans, Louisiana
(ADT Security Services)
Property values in DuPage County are increasing. Yes, you read that right...increasing. The data covers the last 3 years and shows that although the number of homes sold is down, the values have increased. The chart below shows the decline in detached single family homes sales from 2005-2007.The data above confirms what the national media has been saying about the real estate market. It IS true, DuPage has shown declines in the number of homes sold just like the rest of the country. As a percentage, home sales are down about 37% during this period. Where the news reports make their mistake is with the great generalities regarding the home prices. Below you will see what has happened to home values locally over this same period of time.The average value of a home in DuPage County...