low inventory affects closed home sales

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February 2018 Home Sales Mixed Bag in Oswego, IL

By | 2018-03-10T17:43:24+00:00 March 10th, 2018|Categories: Market Reports|Tags: , , , , |

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 [...]

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 [...]

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