Whether you are thinking of buying or selling a home in St. Charles IL you want to know "How's the Market? I subscribe to Altos Research for up-to-the minute market research to help my St. Charles IL clients make critical decisions on pricing a listing or making a offer for a new home. If you would like to stay informed about the housing market in St. Charles IL and other Fox Valley communities, please click here.
| Prices for single family homes listed in the St. Charles IL 60174 zip code have decreased only slightly in 2010. The exception is homes priced in the Top Quartile (which means the most expensive one-fourth of all homes listed) which shows a drop in the median list price from about $775,000 to about $675,000. Unlike other areas of the country, or even the Chicago metro area, prices for single family homes in St. Charles IL are remaining stable. |
||
| The total inventory of homes listed for sale in the St. Charles IL 60174 zip code dropped dramatically in the early part of the year as home buyers took advantage of the tax credits. The inventory typically grows in the second half of the year and then drops off when sellers take their houses of the market for the winter or simply decide not to sell. |
||
| Prices for single family homes listed in the St. Charles IL 60175 zip code have decreased only slightly in 2010, with the exception of homes listed in the top 25% of the price range. The median list price for these homes has fallen from $1.2 million at the beginning of the year to $1.05 million in November. Unlike other areas of the country, or even the Chicago metro area, prices for single family homes in St. Charles are remaining stable. |
||
| The inventory of homes listed for sale in the St. Charles IL 60175 zip code dropped in the Spring, rose through the summer and then is falling as homes have sold or are taken off the market as we approach the end of the year. The year started with about 340 homes listed in the 60175 zip code and will likely end with about 300 homes listed for sale. |
||
Comments(3)