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Half Way Home - Oswego IL June Market Report
It's hard to believe that we are half way through 2011!  It's the 4th of July weekend and the latest numbers for single family homes are in.  There may be a few stragglers reported later on today but here are the current numbers for Oswego single family homes.
 
Active Listings                       - 230
New Listings                          -    3
Price Changes                      -   14
Reactivated                         -      1
Contingent (under contract)   -    86
Pending                             -       7
CLOSED IN JUNE                  -     32
 
Highest priced closed a $557K foreclosure in Stonegate Estates - the lowest priced a $124,900 short sale on Park.
 
Compared to June 2010 when we only had 27 closings we are ahead of the game.  But when it comes to Year to Date figures 2010 we were at 146 closed homes vs. 2011 at 134.  Of course, we also had the 1st time home buying incentive last spring which gave buyers an added incentive which we don't have this year.   So we are only 12 closings behind which with the large number of pending and contingent contracts gives us hope that we will come out ahead in 2011.
 
 
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