Bucking the trend of slowing home sales in the western suburbs, Naperville, IL saw an increase of 6.9% in the sales of homes in August 2019 to 185 from 2018's 179 closed sales. A uptick on days on the market from 2018's 78 to 83 in August, 2019 (6.4%) did not slow down the closed transactions. [...]
The market has definitely cooled in the Fox Valley area as Illinois' 2nd largest city, Aurora, sees a 27% drop in single family home sales in August, 2019 from 2018's high of 196 closed sales to only 143 in August, 2019. The days on market also increased from 2018's 44 to 50 in August, 2019 which [...]
As the market continues to correct itself around the country, home sales in Oswego, IL in June, 2019 saw a modest increase of sales from 65 closed transactions from June, 2018's 63. Days on market remained the same at 45 from 2018. The median price of a home took a hit from 2018's high of $292,500 [...]
January 2019 was a month that most of us are glad is over. With the brutal polar vortex that ended the month to several snow storms that kept on coming it seemed that buying a home was the last thing on anyone's mind. Despite those challenges home buyers still came out and closed on 71 homes [...]
We are already in our 2nd month of 2019 and I will be posting on January's 2019 home sales in Oswego, IL in a 2nd post later today. Before I do that, I wanted to take a moment to look back at 2018's closed single family sales and see how Oswego, IL did. Here are [...]
Naperville, IL continues to have plenty of inventory of single family homes for potential buyers to pick from. September was a great month in home sales compared to 2017's 126 closed sales. With 149 closed sales for September 2018, home seller's were delighted at the increased sales. Current inventory levels offer buyers more than enough choices: [...]
It seems September was a blur as school became another routine and the last days of summer caused a flurry of activities in the Oswegoland area. Home sales for single detached homes unofficially ended at 31 closed sales. Compared to 2017's 52 closed sales it's a major drop! Current available homes: Available - 122 New - [...]
The 4th of July is behind us and we are only 11 days away from the end of the month. It's been a busy month for me as buyers and sellers are keeping me out on the field instead of in front of my computer posting market activity reports. With a short break before my next [...]
Just like the weather and the stock market the February numbers for home sales were a mixed bag. Despite being the shortest month and weather being at times challenging sales were only down -10.3% from 2017's numbers of 29 closed sales with 26 closed transactions for February 2018. On the upside, the average days on market [...]
I attended the Village of Oswego's quarterly HOA gathering a few weeks ago and besides getting the latest information on what is happening in the Village I also found out that 45 building permits were issued last year for new construction homes. I had noticed a couple of projects as I traveled throughout the village and [...]
