affordable homes: Aurora IL Sees a 62% increase in Days On Market! - 06/20/19 02:07 PM
They say April's showers bring May flowers...but in real estate the rainy weather we have had this spring is not bring out the buyer's compared to 2018.  The City of Light's, i.e. Aurora, IL,. saw an increase of 62% in Days on Market to 81 days compared to May 2018's 50 days!  Along with that bad news, the median sales price dropped 12.8% to $210,262 from $241,00 in 2018.  Sales also dropped 4.1% to 162 closed sales from 2018's 169.
Current inventory levels as follows:
Active - 230
New - 37
Price Change 38
Reactivated - 9
Total - 314
 
Under Contract - 240
Pending - 16
Closed - In … (1 comments)

affordable homes: Affordability Driving Sales in Greater Auroraland Area - 05/22/19 02:13 PM
Sometimes its fun to run numbers just to see what trends are developing in your general market.  With a bit of free time I decided to look at Year to Date sales in the six major cities and towns surrounding my market along with current inventory in the detached single family home market.  Find your town and if you are selling you will understand why your home either sold pretty fast or is taking longer to sell.  You can look at previous posts for your town to get the median sales price.
 
 
With Aurora's more affordable homes and coupled withlow inventory levels … (1 comments)

affordable homes: Montgomery, IL Home Inventory Drops 45% from 2016! - 07/06/17 12:35 PM
Buyers were busy buying available inventory in Montgomery, IL in the first half of 2017.  June 2017 levels were down to 1.3 months of supply from June 2016's 2.4 months!  A 45% drop that will make seller's happy but make force buyers to deal with multiple offers in the best homes in their price range.
Prices have only gone up 4.4% from June 2016's $206K to June 2017's $215,000.  The available inventory as of 7/6/2017 is listed below for detached single family homes:
 
Active - 51
New - 5
Price Change - 8
Reactivated - 3
Total - 67
 
Under Contract - 70
Pending - 6
Total - 76
 
June 2017 … (0 comments)

 
Evelyn Santiago, Managing Broker Heart Realty Group, Inc.,  Passionate About Real Estate & Our Clients! (Heart Realty Group, Inc..) Rainmaker large

Evelyn Santiago, Managing Broker Heart Realty Group, Inc.

Passionate About Real Estate & Our Clients!

Oswego, IL

More about me…

Heart Realty Group, Inc..

Address: Virtual, Oswego, IL, 60543

Office: (630) 896-9999

Mobile: (630) 251-0059

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