aurora il affordable homes: Affordability Drives Aurora, IL 38.9% Drop In Available Homes
- 03/10/17 07:53 AM
Illinois' 2nd city home sales are being fueled by its variety of housing stock and affordable homes. With a 38.9% drop in inventory from February 2016's 2.9 months to the current level of 1.1 months buyers will have to be more aggressive when they find their dream home. In February 2017 there were 88 closed transactions vs. 2016's 85 transaction. About 3 homes per day in February 2017 were sold. Currently inventory* level breakdowns are listed:
Active - 213 New - 38 Ractivated - 7 Price Changes - 23 Total: 281
With increase in downtown revitalization - the Paramount Art Theater, Waubosee … (2 comments)
aurora il affordable homes: Aurora IL - Average Single Home Price Up 8.20% YTD
- 09/13/14 01:57 AM
The city of lights is enjoying an 8.20% price appreciation year to date as we go into the traditional "slow" market time of fall and winter. With only 69 active listings under $100,000 one of the few affordable housing areas may not be as affordable if the trend continues.
With only 541 active listings in a city of close to 200,000 people inventory levels are extremely low. With 487 of active listings under $400K, Aurora still is one of the most affordable towns in the Fox Valley area.
Although closed sales are down 18.33% YTD vs 2013 closings in … (0 comments)
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Evelyn Santiago, Managing Broker Heart Realty Group, Inc.
Illinois' 2nd city home sales are being fueled by its variety of housing stock and affordable homes. With a 38.9% drop in inventory from February 2016's 2.9 months to the current level of 1.1 months buyers will have to be more aggressive when they find their dream home.
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