Housing Market Update: National vs. Western Suburbs of Chicago | September 2025

Описание: September’s housing market looks like two different seasons: nationally it feels like training camp, while the western suburbs have a playoff feel. Here are some of the key takeaways:

🏒 Nationally, the Fed cut rates but mortgage rates rose to about 6.375%
📊 Buyers nationally are gaining ground but not in full control; home prices still rose 2.2% year over year
⏳ National days on market extended from 53 to 60, with 20% of listings cutting prices and concessions returning
🏟️ Burr Ridge homes sold in just 3 days at a median price over $1M, with one closing at $2.425M.
⚾ Downers Grove stayed tight with 1.31 months of supply, 7 days on market, and a $580K median price
🔥 Naperville inventory dropped to 1.15 months, homes sold in 8 days, and the median price reached $635K

The national market may be cautious, but locally the western suburbs are still moving fast, with low supply, firm prices, and postseason intensity.

Eric Andersen, B.A., M.Div.
Owner/Designated Managing Broker, Andersen Realty Group
📲 Text/Call: (708) 766-8519
📩 Email: [email protected]
🌎 https://www.ericandersenhomes.com

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