I think it's time....to buy! or if you are a seller to adjust your price accordingly and get that puppy to move! I've been getting asked quite regularly if we've seen "The Bottom" of the market...and yes, we saw it a few months ago. Now Home prices are 'stablizing' a bit and interest rates are on the rise...so If you are looking for the "best time to buy/sell" window...we are in it. Here are the June 2008 Numbers.

By The Numbers...

For June 2008 Single Family Detached Homes (Information courtesy of MLSNI)

Naperville

Active Listings:1109 (as of 7/01/08)

Sold(6/01/08-6/30/08): 141

Months Supply(Act/Sold): 7.86 Months

High Sold Price: $2,039,470

Average Sale: $489,255

Average Market Time: 133

June 08 Top Subdivision (sales):  Tall Grass(7),  Stillwater(4),Clow Creek (4), River Run (4)

www.NapervilleHomeSeller.com 

Aurora

Active Listings: 1099 (as of 7/01/08)

 Sold (6/01/08-6/30/8): 120

Months Supply(Act/Sold): 9.15 Months

High Sold Price: $640,000

Average Sale: $225,951

Average Market Time: 124

June 08 Top Subdivision (sales):   Oakhurst  (9) , Stonebridge (5)

www.AuroraHomeSeller.com

Plainfield

Active Listings: 1010 (as of 7/01/08)

Sold (6/01/08-6/30/08): 117

Months Supply(Act/Sold): 8.63 Months

High Sold Price: $607,845

Average Sale: $286,623

Average Market Time: 166 Days

June 08 Top Subdivision (sales):  Clublands (10),Grande Park/SK (9)

www.PlainfieldHomeSeller.com

Oswego

Active Listings: 353 (as of 7/01/08)

Sold (6/01/08-6/30/08):  42

Months Supply(Act/Sold): 8.04 Months

High Sold Price: $700,000

Average Sale: $301,153

Average Market Time: 175 Days

June  08 Top Subdivision (sales):  Deer Path Creek (3), Boulder Hill (3)and Several Others at (3)

www.OswegoHomeSeller.com

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