Sales of single family homes in St. Charles IL show a 21% increase in 2011 over 2010.
As of August 15, in St. Charles IL 342 single family homes have closed so far in 2011, compared to 282 in 2010. The average selling price is holding steady: $384,283 in 2011 versus $382,997 in 2010.
So when friends and neighbors ask “How’s the market in St. Charles, IL?” I can reassure everyone that houses are selling and the the real estate market shows many signs of recovery.
We still must process a significant number of short sales and foreclosures but most analysts say that the number of new delinquencies is dropping.
It is clear that in St. Charles, IL confidence in the housing market is definitely on the upswing.
If you are thinking of selling your home in St Charles IL consider What Do Buyers Want? when you prepare your home for the market. You can check the new listings that appear every day and follow my market reports.
If you would like to information about buying a home or selling a home in St Charles IL, please give me a call at (630)945-7935. I’m a resident of St Charles IL and an experienced Baird & Warner St Charles Il real estate agent.
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St Charles/Campton Hills IL Market Update
Single Family Homes as of Aug 15 2011
Closed Sales: 342
Average Closed Price: $384,238
Average Market Time: 231 Days
Under Contract: 93
Average List Price: $366,704
Average Market Time: 255 Days
Active Listings: 530
Average List Price: $579,702
Average Market Time: 256 Days
Information provided by MRED, the Multiple Listing Service of northern lllinois.
Information deemed to be reliable but not guaranteed to be accurate.
This post was written by Leslie Ebersole, Baird&Warner Real Estate and originally published on FoxValleyRealEstate.net.
Reproduction or use without written consent of author is prohibited.
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