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Bolingbrook IL Median Home Price Increases 10.6% From Sept. 2016!

By | 2017-11-05T19:30:42+00:00 November 5th, 2017|Categories: Market Reports|

Despite a drop of 14.8% (69) in close sales for September compared to 81 closed sales in 2016 Bolingbrook, IL had a 10.6% increase in median home price from 2016's $208,000 to $230,000 in 2017! With lower than normal inventory levels (2016 - 3.5 months) to September's 2.9 months, buyers are discovering that Bolingbrook is a [...]

Oswego, IL Has 33.3% Drop in Inventory in October, 2017

By | 2017-11-01T16:22:06+00:00 November 1st, 2017|Categories: Market Reports|Tags: , , , , , |

The low inventory situation continues as Oswego, IL's detached home listings dropped 33.3% from October, 2016's level.  In 2016 there was a 5.0 month supply of detached single family homes compared to October, 2017's 3.3 months of supply.  This bodes well for sellers that currently have their homes on the market or are planning on selling [...]

Luxury Million Dollar Homes in Naperville, IL in 2017 –

By | 2017-10-28T18:32:07+00:00 October 28th, 2017|Categories: Market Reports|Tags: , , , , |

Affluent Naperville, IL known for its' "thriving downtown", highly rated schools and a favorite of top Fortune 500 corporations always has, at any given time, plenty of inventory of homes $1 Million and above. Fall and Winter are normally "slow" traditionally but the last couple of years have not been "normal" compared to previous years.  In [...]

Yorkville, IL Posts 15.5% Drop on Days on Market for September, 2017

By | 2017-10-10T22:17:55+00:00 October 10th, 2017|Categories: Market Reports|Tags: , , , |

With a 22.2% drop in inventory levels in September, 2017 Yorkville, IL also dropped 15.5% on Days on Market from 2016's September level of 103 to 87 days!  The median price increased 6.1% to $249,250 from $235,000 in September, 2016. There are currently 127 available listings, with 6 being brand new listings, 11 having price changes [...]

Naperville IL Sees 4% Price Drop in Median Price for Single Family Homes

By | 2017-10-10T21:07:00+00:00 October 10th, 2017|Categories: Market Reports|Tags: , , , , |

Despite a 34.6% drop in inventory from September, 2016 to the current 5 months of inventory, Naperville, IL saw a small 4% price drop in its median home price for September, 2017.  There were 123 closed transactions in the single family detached category compared to 126 from 2016's sales. Days on market dropped only 1 day [...]

Aurora IL Sees 12.2% Price Appreciation in Single Family Homes in Sept. 2017

By | 2017-10-10T20:00:08+00:00 October 10th, 2017|Categories: Market Reports|Tags: , , , , , , , , , |

Aurora, IL which has been on several "Best Places" lists recently had 12.2% Price Appreciation in single family home sales in September, 2017 - the median price in Sept. 2016 was $180,000 and the new median is $202,000. With a 32.6% drop in Days on Market, buyers are catching on that Aurora, IL diverse housing stock [...]

10.5% Price Appreciation in Montgomery IL Home Prices in Sept. 2017

By | 2017-10-10T19:26:36+00:00 October 10th, 2017|Categories: Market Reports|Tags: , , , |

Although Montgomery, IL had lower single detached family sales in September, 2017 vs. September, 2016 (43 vs. 48) when it came to price appreciation it had a 10.5% increase from September 2016's $201,000 to September, 2017's $222,000 median price increase. Days on market dropped from September, 2016's 50 days to 47 on September, 2017!  Months of [...]

September 2017 Oswego, IL Market Activity

By | 2017-10-05T20:36:06+00:00 October 5th, 2017|Categories: Market Reports|Tags: , , , |

Home sales in September, 2017 for the Oswego, IL area took a small dip compared to 2016's sales. With only 52 closed sales vs 2016's 63, low inventory levels continue to affect buyer's choices.  We currently have 107 active listings, 12 brand new listings, 14 with price changes and only 1 reactivated listing.  This brings the [...]

August 2017 – Oswego, IL Home Market Activity

By | 2017-09-08T18:11:07+00:00 September 8th, 2017|Categories: Market Reports|Tags: , , |

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 [...]

Oswego, IL July 2017 Market Report

By | 2017-08-10T16:08:22+00:00 August 10th, 2017|Categories: Market Reports|Tags: , , , , , , , |

Hard to believe we are almost half way through August and my July market report was not posted.  Buyers are still trying to find their perfect home as school is just around the corner.   Despite the low inventory levels we have seen in most Fox Valley towns this year, Oswego, IL was able to beat [...]

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