market conditions: Bloomingdale Home Prices See 4.3% Gain in October
- 11/08/16 12:16 AM
Bloomingdale Home Prices YTDMedian home prices in Bloomingdale IL have risen slightly since the beginning of the year. We’re currently seeing a median list price of $279,900. The chart below is a good comparison of median list prices vs. median sales prices in Bloomingdale IL for 2016. As you can see, home buyers and sellers have been fairly aligned. This indicates home sellers are pricing their home at what the market will bear.
Are Bloomingdale home prices going up or down?Home prices in Bloomingdale spiked 21.6% in October compared to September. The median sales price right now is $240,000. We also saw an increase in prices year-over-year with a 4.3% gain. Bloomingdale homes are definitely appreciating … (2 comments)
market conditions: St Charles Housing Market Stable
- 09/01/16 12:52 AM
School has begun and summer is coming to an end. This typically brings a slowdown to the local real estate market. St Charles, however, still has home buyers and the seller inventory to meet demand. We all know the terms "sellers market" and "buyers market". St Charles, as a whole, is experiencing neither right now. We're in a stable market. Depending on where in St Charles you live, though, selling could be a little easier. The city as a whole has 5.62 months of housing inventory. Anything between 5-6 months is "normal". There are 658 homes (both attached and detached) on the market with 468 homes closed in the last 4 … (0 comments)
Thinking of selling your Batavia home? Current market conditions make now the time!
Like any other commodity, housing obeys the laws of supply and demand. If supply outweighs demand, you'll have a tough time selling your home. But if demand is high and supply is low...selling your home could be a breeze!
Let's take a look at the current supply and demand for housing in the tri-cities. The following information was compiled from Midwest Real Estate Data on Monday, August 22nd, 2016.
ST CHARLES 510 homes are for sale in St Charles. 613 homes have sold in the last 6 months, that's 102 homes per month. This gives … (0 comments)
market conditions: What's Going On With Geneva IL Real Estate?
- 07/14/16 11:13 PM
Current Geneva IL Real Estate Market Update Geneva IL real estate is starting to stabilize and promise good things for both home buyers and sellers. Signs are looking bright for home buyers and sellers in the Geneva IL real estate market. After the bubble burst things have kind of been all over the place. Most recently, housing inventory went from sky high to the bottom of the barrel. With more consumer confidence, owners are once again putting their home on the market and finding there are in fact buyers out there. The following data was pulled from Midwest Real Estate Data, our local MLS, on Wednesday, July 13, 2016. There … (1 comments)
market conditions: Indicators Say "Time to Sell Your Hanover Park Home"
- 05/24/16 03:21 AM
Hanover Park Homeowners: It's Time to Sell! If you've been considering putting your Hanover Park home on the market, the time is NOW! Looking at several key indicators in our local real estate market, everything is working in your favor.
HOME PRICES ARE UP The average sales price of a home in Hanover Park has been climbing for the last 3 years. At the bottom of the market, in November 2013, homes we're selling for just above $100,000. The current sales price in Hanover Park is over $150,000 and rising. Just in the last 12 months, prices are up 3.6%.
SELLERS MARKET Everyone knows the law of … (0 comments)
Housing inventory across Kane and Dupage counties is down. Home buyers, however, are still out in force.
We're encountering several markets where buyer demand far outpaces home supply. One of these markets is condos for sale in West Chicago IL.
In the last 6 months, 18 condos have sold. That's three sales each month. Right now, in West Chicago, 8 condos are on the market but 5 of them are already under contract! That only leaves 3 available condos for sale in West Chicago. Huge opportunities exist for sellers in this area.
Breaking ground in 2014, the Lincoln Square neighborhood of Geneva is a private enclave of 48 homes west of Randall Rd off Bircher Rd. This Pulte development offers 3-4 bedrooms homes ranging in size from 2,300-3,400 square feet. Home prices range between $340,000 up to $395,990. This community is within walking distance to shopping and dining at Geneva Commons, 2 miles from downtown Geneva and just 2.5 miles to Metra Train. Children in Lincoln Square attendHeartland elementary school, Geneva Middle School and Geneva High School. All of the schools are within 2 miles of Lincoln Square. Home buyers are closing deals in Lincoln Square as … (2 comments)
market conditions: Prestbury Sugar Grove IL Real Estate Update
- 12/07/15 01:26 AM
Market Conditions in Prestbury Sugar Grove IL The Prestbury Sugar Grove IL real estate market has been quite active this past year. We've put together an overview of home sales, prices and conditions for your neighborhood.
The chart on the left details the last 12 months of activity in Prestbury. These figures are for detached single family homes only. Prestbury does have townhomes and other attached housing available. As you can see, 26 homes have sold during the previous year. That's over 2 homes a month! There are 9 homes currently for sale, with two of those being under contract. This translates into a housing … (0 comments)
Single family detached home prices in St Charles, Illinois are up 7% since their most recent low in April of this year.
As a matter of fact, home values haven't been this high since June of 2012. We're still not seeing home prices comparable to their high in May of 2008 but then again, that's why the bubble burst...
Here's a quick look at St Charles, Illinois home prices through the years: Prices hit their pre-bubble peak in May of … (0 comments)
market conditions: Real Estate Market Minute: St Charles IL (May 2014)
- 06/09/14 04:14 AM
Real Estate Market Minute: St Charles IL (May 2014) Welcome to May's real estate market update for St Charles, IL. Matt, your trusted real estate agent thought you'd find this information helpful and is ready to answer any questions about the local market.
Let's take a look at real estate activity in St Charles during the month of May.
The number of active listings was up 3% from one year earlier and up 20% from the previous month. The median listing price for the month was just under $480,000. Compared to last year, the average number of … (0 comments)
market conditions: Real Estate Market Minute: St Charles IL (April 2014)
- 05/06/14 05:31 AM
Real Estate Market Minute: St Charles IL (April 2014) Welcome to April's Market Update. Matt, your trusted real estate agent thought you'd find this information helpful and is ready to answer any questions about the local market.
Let's take a look at the real estate market in St Charles IL during the month of April. The number of active listings was down 17% from one year earlier and up 8% from the previous month. The median listing price for the month was just under $490,000. Compared to last year the average number of days that units spent on the market before being sold was down … (0 comments)
market conditions: Real Estate Market Minute: St Charles IL (March 2014)
- 04/22/14 03:51 AM
Real Estate Market Minute: St Charles IL (March 2014) Welcome to March's Market Update. Matt, your trusted real estate agent thought you'd find this information helpful and is ready to answer any questions about the local market.
Let's take a look at the real estate market in St Charles IL during the month of March.
The number of active listings was down 17 percent from one year earlier and up 8 percent from the previous month.
The median listing price for the month was just under $490,000.
Compared to last year the average number of days that … (1 comments)
market conditions: How's the real estate market in Cambridge, St Charles IL [INFOGRAPHIC]
- 02/04/14 08:42 AM
Real Estate Market Snapshot for the Cambridge Subdivision in St Charles, Illinois Located on the east side of St Charles is the popular Cambridge subdivision. Around 25-30 families move into or out of this subdivision every single year. Let's take a look at what the real estate market is doing here. We've prepared an infographic to go over some of the major points, but before we get to that, let's look at a few smaller things of note... The average home in Cambridge, according to the last 12 months of data pulled from Midwest Real Estate Data (MRED), offers 4 bedrooms … (0 comments)
Find out what's going on in the Chicagoland IL real estate market, local news and general advice for homeowners. Our Chicagoland Real Estate Blog provides fresh perspective on our market activity. Be sure to check it out!
Bloomingdale Home Prices YTDMedian home prices in Bloomingdale IL have risen slightly since the beginning of the year. We’re currently seeing a median list price of $279,900. The chart below is a good comparison of median list prices vs. median sales prices in Bloomingdale IL for 2016. As you can see, home buyers and sellers have been fairly aligned. This indicates home sellers are pricing their home at what the market will bear.
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