real estate market: Geneva IL Pulling Out of Sellers Market
- 03/09/18 11:28 AM
Housing Inventory in Geneva, Illinois is Rising If you're looking to buy a home in Geneva, your options are about to get better. After hitting a low in December of last year, the number of homes for sale has risen 2 months in a row.
There are currently over 240 homes on the market in Geneva, IL. While this number is still low, things are improving. Geneva has been in a sellers market since November. Demand remained strong while supply dwindled. This put sellers in an advantageous position. Sale prices rose and market times fell.
The tide is turning as we approach the Spring market. Geneva … (0 comments)
Updated November 3rd, this quick video details many factors concerning the St Charles housing market.
YTD home pricing trends including asking prices and sales prices Month-to-month and year-to-year price change Current supply of housing inventory What types of homes are for sale How long it's taking to sell in St Charles For a more comprehensive look at these statistics and what it means to you, check out our complete home price report for St Charles, Illinois. This article was originally published on November 29, 2016 at kombrink.com. … (0 comments)
real estate market: Fox Valley Real Estate Review November 2016
- 11/18/16 10:27 PM
Real Estate Indicators for the Fox Valley MarketThanks to continuing high employment rates and low mortgage rates, the Fox Valley has enjoyed a comfortable pace this year. Market acceleration has been dampened though due to a decline in housing inventory. Unfortunately, there's not much indication this inventory shortage will resolve itself in the near future. There was a 7.8% decrease in new listings in the Fox Valley year-over-year. We currently stand at 3,630 homes on the market which is also down 23.3% year-over-year.
Historical Months Supply of Housing Inventory (click to enlarge) Pending home sales were up 13.9% year-over-year and 7.7% YTD with 1,038 homes pending in the … (0 comments)
Updated November 3rd, this quick video details many factors concerning the Naperville housing market. YTD home pricing trends including asking prices and sales prices Month-to-month and year-to-year price change Current supply of housing inventory What types of homes are for sale How long it's taking to sell in Naperville For a more comprehensive look at these statistics and what it means to you, check out our complete home price report for Naperville, Illinois.
This article was originally posted on Tuesday, November 15, 2016 at kombrink.com. … (0 comments)
real estate market: Where Are Homes Selling in The Fox Valley?
- 02/08/16 10:30 PM
If you live in one of these Fox Valley neighborhoods, you should sell! As we've been blogging about for the last several months, conditions are favorable in many Fox Valley neighborhoods to sell your home right now. Buyers are plentiful and housing inventory is low making for a perfect sellers market. If you live in any of these neighborhoods and have considered moving, now would be the time! The following data was compiled from the Multiple Listing Service on Tuesday, February 2nd, 2016. It looks at any Fox Valley neighborhood that had 5 or more homes close in the last 6 months. This is a … (2 comments)
real estate market: Home Prices in Fox Mill Remain Steady
- 09/03/15 04:54 AM
Fox Mill, St Charles Home ValuesReal estate is a hyper-local industry. You can read the Wall Street Journal, surf Realtor.com and Zillow, but when it comes to your family’s home, you need to trust a local professional. National headlines sell papers, local knowledge helps you realize the truth.
Home prices in Fox Mill saw some seasonal fluctuations but overall remain steady. Prices are down ever so slightly from August 2014. The other factor you should consider is the range of home prices in Fox Mill. This is a large subdivision offering numerous price points and styles of home. Some months we see the higher end homes outpacing the subdivision … (1 comments)
real estate market: State of the St Charles Real Estate Market
- 07/08/15 07:44 AM
Real Estate Market Update for St Charles, IL The St Charles real estate market favors home buyers this July. Looking at several key real estate statistics for the month; including current housing inventory, median sales price and supply, the market is definitely favoring buyers. HOUSING INVENTORY Inventory is down 2.5% over last year with 543 homes currently for sale in St Charles. There's good news here for both buyers and sellers. For home buyers, the inventory is relatively unchanged so as you'll see, home prices have not gone up. The price you'll pay is the same as last year, though interest rates are on the rise. … (0 comments)
There are several factors, both locally and nationally, that are pointing to an increase in real estate sales. The number of home closings Number of homes going under contract Number of homes being looked at and now, the number of homes being searched Using data from Google Trends, a product that shows popular searches across the Google platform, we can now discover just how many people out there are getting ready to buy a home.
… (0 comments)
real estate market: St Charles Homeowners: Now Is The Time To Sell
- 03/10/15 09:56 PM
We've all heard of the law of supply and demand. Rare things cost more, an overabundance causes prices to drop. The St Charles housing market is still in that sweet spot where demand outweighs supply, making it a great time to sell!
There are several factors that go into pricing a home, and more importantly, what a buyer will pay for it. Location Competition Condition Supply & Demand These are just a few of those factors. Now location, well, you can't really do anything about that. The condition of your home you can totally control. Competition as well as supply & … (0 comments)
The average asking price for a home in St Charles was up 7.6% in January over the previous year. We're looking at an average price of just over $440,000. Homes are selling quicker too!
The average home in St Charles is sitting on the market 165 days before getting a contract. This is down 12% from last year and down dramatically from 2013 when it was taking over 200 days to sell.
Pending home sales are looking up with a slight increase of 5% … (1 comments)
real estate market: Declining Home Sales? Dont' Believe the Hype
- 01/10/15 11:31 PM
Existing home sales dropped in November, just like they do every winter. Don't be fooled by headlines about a real estate slow down, or a collapsing market. That's just not true.
The drop in sales this winter isn't anywhere close to the drop last year. In fact, this season is on track to be one of the best winters we've seen in a decade!
Let's compare the chart above showing existing home sales through November, 2014 with some more historical data.
The winter of 2013 saw a dramatic drop in home sales that started falling off all the way in August. This … (1 comments)
real estate market: Real Estate Market Update: Geneva IL (September 2014)
- 10/14/14 03:58 AM
Real Estate Market Update: Geneva IL (September 2014) Here is The Kombrink Lobrillo Team's Real Estate Market Update for Geneva, Illinois. Matt Kombrink, your trusted real estate agent thought you'd find this information helpful and is ready to answer any questions about the local Geneva market.
Let's take a look at real estate activity in Geneva, Illinois during the month of September. The number of active listings was up 5% from one year earlier. The average listing price for the month was $352,971. Compared to last year the average number of days that units spent on the market before being sold was down 24%. The average sale price was … (0 comments)
real estate market: Real Estate Market Update: St Charles IL (September 2014)
- 10/02/14 04:42 AM
Real Estate Market Update: St Charles IL (September 2014) Here is The Kombrink Lobrillo Team's Real Estate Market Update for St Charles, Illinois. Matt Kombrink, your trusted real estate agent thought you'd find this information helpful and is ready to answer any questions about the local St Charles market. Let's take a look at real estate activity in St Charles, Illinois during the month of September. The number of active listings was up 12% from one year earlier. The average listing price for the month was $424,674. Compared to last year the average number of days that units spent on the market … (0 comments)
real estate market: Real Estate Market Snapshot: Prestbury (Sugar Grove IL 60554)
- 09/30/14 05:12 AM
Housing Trends for the Prestbury subdivision in Sugar Grove, IL 60554 The Prestbury subdivision in Sugar Grove, IL offers a quiet, peaceful location close to downtown, major highway access, golf course and more. The many amenities are a draw for the 20 or so families that move in each year.
Homes in Prestbury range in price from $200,000 up to $550,000. There are many styles of home for potential buyers to choose from, and there is currently a good sized inventory of homes to see.
There are currently 20 homes for sale in Prestbury, with 4 of them under … (0 comments)
Matt Kombrink, your trusted real estate agent thought you'd find this information helpful and is ready to answer any questions about the local South Elgin market.
Let's take a look at real estate activity in South Elgin, Illinois during the month of August.
The number of active listings was down 3.5% from one year earlier and down 14% from the previous month. The average listing price for the month was just over $224,000. Compared to last year the average number of days that units spent on the market before being sold … (0 comments)
Matt Kombrink, your trusted real estate agent thought you'd find this information helpful and is ready to answer any questions about the local Elburn market.
Let's take a look at real estate activity in Elburn, Illinois during the month of August.
The number of active listings was up 11% from one year earlier and down 11% from the previous month. The average listing price for the month was just over $307,000. Compared to last year the average number of days that units spent on the market before being sold was … (1 comments)
Matt Kombrink, your trusted real estate agent thought you'd find this information helpful and is ready to answer any questions about the local Batavia market.
Let's take a look at real estate activity in Batavia, Illinois during the month of August.
The number of active listings was up 21% from one year earlier and down 3.6% from the previous month. The average listing price for the month was just over $320,000. Compared to last year the average number of days that units spent on the market before being sold was down 31%. … (0 comments)
Matt Kombrink, your trusted real estate agent thought you'd find this information helpful and is ready to answer any questions about the local Geneva market.
Let's take a look at real estate activity in Geneva, Illinois during the month of August.
The number of active listings was up 4% from one year earlier and down 4% from the previous month. The average listing price for the month was just over $396,000. Compared to last year the average number of days that units spent on the market before being sold was … (0 comments)
real estate market: Real Estate Market Update: St Charles IL (August 2014)
- 09/08/14 11:55 AM
Real Estate Market Update: St Charles IL (August 2014) Here is The Kombrink Lobrillo Team's Real Estate Market Update for St Charles, Illinois. Matt Kombrink, your trusted real estate agent thought you'd find this information helpful and is ready to answer any questions about the local St Charles market. Let's take a look at real estate activity in St Charles, Illinois during the month of August. The number of active listings was up 16% from one year earlier and unchanged from the previous month. The average listing price for the month was $444,250. Compared to last year the average number of … (0 comments)
Wondering how the real estate market in Batavia, IL (60510) is doing? Here's a quick snapshot of the housing market for August, 2014.
New Listings are up 14.7% over last year with a total of 546 homes for sale in Batavia, IL With the influx of new listings, pending home sales are down 5.3% but closed sales remain unchanged. The average list price in Batavia has risen 3% to $285,312. Homes are selling much faster than a year ago. The average home in Batavia IL is taking 98 days to … (1 comments)
Find out what's going on in the Chicagoland IL real estate market, local news and general advice for homeowners. Our Chicagoland Real Estate Blog provides fresh perspective on our market activity. Be sure to check it out!
Housing Inventory in Geneva, Illinois is Rising
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