Well it's the end of summer...the small 'break' in the market as parents now have their kids in school and the real estate market gets ready for the traditional bunker down for winter.....or are we? With consumer confidence still down, many look to the political race, and eventually the Real Estate Market, to be the saving grace. I say we're still in the game ...and I kid you not....if you are a buyer....BEST TIME IN HISTORY TO BUY A HOME! sellers...you have to face the fact that this is not 2005...be real and the house will sell!
...just my thoughts....How about yours????
-Dawg-
By The Numbers...
For August 2008 Single Family Detached Homes (Information courtesy of MLSNI)
Naperville
Active Listings:1184 (as of 9/01/08)
Sold(8/01/08-8/31/08): 207
Months Supply(Act/Sold): 5.72 Months
High Sold Price: $1,635,000
Average Sale: $516,086
Average Market Time: 141
August 08 Top Subdivision (sales): Tall Grass(9), Stillwater (7)
Aurora
Active Listings: 1313 (as of 9/01/08)
Sold (8/01/08-8/31/08): 144
Months Supply(Act/Sold): 9.11 Months
High Sold Price: $690,000
Average Sale: $251,252
Average Market Time: 100
August 08 Top Subdivision (sales): Oakhurst (7) , Stonebridge (7)
Plainfield
Active Listings: 1083 (as of 9/01/08)
Sold (8/01/08-8/31/08): 88
Months Supply(Act/Sold): 12.31 Months
High Sold Price: $797,500
Average Sale: $283,695
Average Market Time: 179 Days
August 08 Top Subdivision (sales): Lakewood Falls(10) ,Clublands (8)
Oswego
Active Listings: 327 (as of 9/01/08)
Sold (8/01/08-8/31/08): 29
Months Supply(Act/Sold): 11.27 Months
High Sold Price: $365,000
Average Sale: $256,283
Average Market Time: 105 Days
August 08 Top Subdivision (sales): Church Hill Club (3),Gates Creek (3)
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