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 [...]
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 [...]
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 [...]
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 [...]
