August 2017 – Oswego, IL Home Market Activity

//August 2017 – Oswego, IL Home Market Activity

August 2017 – Oswego, IL Home Market Activity

It feels like fall already, although we are still technically in summer, and the market activity for August, 2017 has been finalized.  The low inventory levels this year affected closed sales compared to 2016 in  Oswego’s single family detached homes category by a pretty significant amount.

In August, 2017 we had 38 closings vs. 2016’s 71 closings.  A major drop in closed transactions.  The price points show that 2017 has definitely seen an overall increase in prices with the low end showing $175K vs. 2016’s $141K for the same month.

Oswego IL

We currently have 121 Active listings.    There are 13 New listings that are 7 days or less.  We have 13 price changes.  Total available homes: 147

Under contract there are 80 homes with an additional 9 homes ready to close in the next few days. Almost as many as the 147 active listings that are currently available.  With this strong of a showing, we can see there is a pent up demand from buyers to purchase a home in Oswego, IL.

If you are ready to sell your current home….you know what to do!  Let Heart Realty Group find you the perfect buyer for your Oswego, IL home!

About the Author:

Managing Broker/Owner of Heart Realty Group in Oswego, IL. With over 25 years of experience in residential real estate in the western suburbs of Chicago I am passionate about helping my clients achieve their real estate goals. Besides real estate I love technology, a good book and the beach!

Leave A Comment

Translate »