St. Charles IL Market Update | Single Family Homes | November 23, 2010

By
Industry Observer with Swanepoel T3 Group

St. Charles IL is a wonderful suburb of 35,000 residents located about 40 miles west of downtown Chicago. Homes in St. Charles IL range from snug bungalows in the historic downtown to spacious homes in popular subdivisions like Fox Mill, Hunt Club and Royal Fox.

Whether you are thinking of buying or selling a home in St. Charles IL you want to know "How's the Market?  If you would like to stay informed about the housing market in St. Charles IL and other Fox Valley communities, please click here.

If you would like to know the market value of your home please give me a call.
St. Charles IL 2010 YTD Market Report: Single Family Homes

2010 Closed Sales: 390
Average Closed Price: $379,861
Average Market Time: 181 Days

Under Contract: 82
Average List Price: $365,011
Average Market Time: 269 days

Active Listings: 511
Average List Price: $431,388
Average Market Time: 285 Days

Intermediate Chart

PRICES for single family homes listed for sale in St. Charles IL have stayed remarkably steady in 2010, except for homes in the most expensive upper quartile.


Each quartile -- shown by the different colored lines -- represents 25% of the listings.
Intermediate Chart
INVENTORY of single family homes listed for sale in St. Charles, IL has dropped dramatically in the early part of the year as home buyers took advantage of the home buyer tax credits.

This chart shows active listings and homes under contract but not yet closed.

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Topic:
Real Estate Market Trends
Location:
Illinois Kane County Saint Charles
Groups:
HyperLocal Neighborhood and Community Posts
Tags:
st charles il real estate
st charles il homes for sale
st charles il real estate agent
st charles il market update

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Rainmaker
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Tom Priester
Paradise Sharks - Jupiter, FL
Paradise Sharks

Leslie, I always like to see how other parts of the country are doing these days and appreciate you sharing your local market data with such a great presentation. I hope all is well with your business and wish you the happiest of Thanksgivings. Cheers!

Nov 23, 2010 04:49 AM #1
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Larry Bettag
Larry Bettag - Cherry Creek Mortgage - Saint Charles, IL
Regional Vice-President

Leslie....you are one of the hardest workers in real estate.  I pray that you get some time off with your family!  Have an awesome Thanksgiving!  Thanks for the good info!

Nov 24, 2010 09:16 AM #2
Rainer
478,183
Not a real person
San Diego, CA

With just 36 days left in 2010, Zoey the Cool Cat and I just wanted to stop by and wish you a very Happy Thanksgiving. Hope it’s a great one, with lots of fun and food with family and friends!

Happy Thanksgiving!

Nov 25, 2010 12:05 PM #3
Rainmaker
1,522,032
Carla Muss-Jacobs, Principal Broker (503) 810-7192
BuyersAgentPortland.com | Portland Metro Exclusive Buyers Agent | 100% Buyer Representation ~ 100% of the Time - Portland, OR
Buyer Focused ~ Buyer Results

WOW -- the last graph gave me a little vertigo in March!!

Stopping by to wish you . . .

Nov 25, 2010 01:56 PM #4
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Debe Maxwell
www.AtHomesCharlotte.com | The Maxwell House Group - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Hi Leslie!  Great St. Charles real estate market report - you are obviously the go-to agent in St. Charles!  Don't you love Altos Research?  My clients love that service and even though our market is fairly difficult to pinpoint stats, they do a great ball-park for the zip codes and that's enough to satisfy most sellers 1-2 weeks out of the month for updates.

Hope you had a wonderful Thanksgiving!

Nov 26, 2010 12:49 AM #5
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Leslie Ebersole

I help brokers build businesses they love.
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