Fox Valley, Illinois Top 5 Home Sales: A $2.4 Million Prairie Lakes Home Leads the Week
This week’s top sales run from a walkable downtown townhouse to homes on wooded acreage beside forest preserve land.
Steve Thompson is a staff reporter for RealtyWire, where he covers residential real estate, mortgage trends, home sales, housing market data, real estate finance, industry regulation, and the issues affecting Realtors, buyers, sellers, lenders, and property owners.
Before joining RealtyWire, Steve worked as a mortgage broker, giving him direct experience with the financing side of real estate transactions. His background in the mortgage business gives him valuable insight into how interest rates, lending standards, affordability, buyer demand, and regulatory changes influence the broader real estate market.
Steve brings a practical understanding of home sales, market analysis, real estate trends, financing issues, and the laws and regulations that shape residential real estate. His reporting focuses on making complex market and mortgage-related topics clear and useful for readers across the real estate industry.
He earned a Bachelor of Science in Business from the University of Central Florida and currently lives in Orlando, Florida.
This week’s top sales run from a walkable downtown townhouse to homes on wooded acreage beside forest preserve land.
Edina accounted for four of the five sales, while the lone Bloomington sale finished second.
Two wooded Afton properties of more than five acres each, a 1957 mid-century modern with lake views and a brand-new home in a planned community made up the week’s list.
All five of the week’s top sales were single-family homes in Duluth, spread from the shore at Park Point to Piedmont Heights, Congdon Park and Woodland.
Three homes in Ann Arbor, a ranch in Saline and an A-frame beside a pond in Brooklyn made up the week’s top sales.
Three Hinsdale homes, a Wheaton property beside a golf club and a Naperville home made up the week’s five priciest sales, led by a new home near the center of Hinsdale.
Two homes built new this year, a home from 1920 and a wooded Dublin property with a creek made up the top of the market.
An Ankeny home led the week, and ranches in Panora and Van Meter tied for second at the same price.
Older homes in North Bexley, Central Bexley and German Village led a week that also included a Stilson Highlands home and a Schumacher Place condominium.
A lakefront home in Vermilion led the week, ahead of two sales in Avon Lake and one each in Bay Village and Westlake.
A family farm beside a county park, a 1931 brick Colonial in Shaker Heights and three homes in Pepper Pike and Chagrin Falls made up the week’s top sales.
A custom ranch on more than two acres in West Chester led a week that also brought acreage in Waynesville and Lebanon and a new lakeside home in Mason.
A renovated pair of postwar Mariemont homes, an acre lot in Rollman Estates and a custom ranch near downtown Montgomery round out a week led by a brick estate with a heated pool.
A brand-new home in Westfield, a ranch backing to woods, a Village of WestClay home on a pond, a 1978 Colonial on more than three acres and a Melange townhouse with a rooftop patio made up the week’s top sales.
Large rural tracts in Owen, Brown and Monroe counties took the top three places, with two Bloomington homes completing the list.
The week’s top sales ranged from a Birmingham Colonial to a gated Bloomfield Hills condominium and homes with lake privileges in Bloomfield Hills and West Bloomfield.
Two Inverness homes, a 26-acre former equestrian center, a home in Arlington Heights and a golf course property in Wynstone made up the week’s top sales.
Redfin’s median sale price slipped to $388,634 in October, its first year-over-year decline since May 2023, as pending sales hit their lowest level since 2013 and 36% of sold homes took a price cut.
A downtown condominium led the week, followed by a newly built Oak Hill estate and homes in Barnett, Robertson and West Meade.
A $5.36 million sale in River Glades topped a week in which three of the five highest-priced homes were in Prospect.
A golf-course home in College Grove led the week, followed by four Franklin sales that ranged from a new Tudor to a farm on Wilson Pike.
A newly built Georgian, a pair of 19th-century next-door neighbors and a Lake View property marketed for redevelopment made up the week’s priciest closings.
Redfin estimates there were more than two condo sellers for every buyer in September, a record gap, with San Antonio, Houston and Miami the most buyer-friendly condo markets and Nassau County, N.Y., the lone seller’s market.
Marcus & Millichap’s Q3 revenue rose 7.5% to $208.4 million. Commissions on $10 million-plus deals grew 18%, while private-client sales rose 3.6% after a jump in Treasury yields.
A Dearborn Heights home led a week of sales that ran from a loft in a former piano building to Tudor homes in North Rosedale Park and Dearborn.
A lakefront cottage in Baileys Harbor sold for twice the price of any other home on the list, ahead of wooded properties in Sturgeon Bay and Sister Bay and a condominium in Fish Creek.
Three of the week’s five top sales came with more than two acres of land, and four of the five homes were built in this century.
Inland lakes, a Lake Superior view and a wooded townhome in Duluth Heights make up a week of North Country sales.
Single-story ranch homes dominated the week, joined by a 1940 two-story home near downtown Midland and a riverfront home in Bay City.
A brick Georgian with a heated pool, two homes built this year and a pair of ranch homes on cul-de-sacs make up the week’s top sales.
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