st charles il market update: Market Report St. Charles IL December 2012 - 12/23/12 03:29 AM
Market Report St. Charles IL December 2012
Real estate market data for St. Charles, IL provided by Leslie Ebersole of Baird&Warner 
St. Charles IL Market Prices
This year in St. Charles are there have been 550 closed sales of single family homes as of December 11, 2012 at an average closed price of $340,666. This is a 12% increase in closed sales compared to the same period in 2011. The number of closed sales is increasing across all price points.  (The left side of the chart is number of houses sold in the previous 12 months.) This is definitely a market in … (4 comments)

st charles il market update: St Charles IL Downtown Market Report November 26 2011 - 11/26/11 06:00 AM
St Charles Downtown Market Report November 26 2011 The downtown area of St. Charles is centered on the Main Street Bridge and the St. Charles Municipal Building. Surrounding the commercial area of shops and restaurants are a number of neighborhoods including Pottawatomie Park and the area behind Lincoln Park and St. Patrick Church.
There have been 44 closed sales of single family homes in the downtown area this year, from small cottages in the area just east of the river and south of Route 64 to some lovely Victorian mansions over near Davis School. See Single Family Homes for Sale in Downtown St. … (1 comments)

st charles il market update: St. Charles IL Downtown Single Family Homes for Sale - 11/26/11 05:58 AM
St. Charles IL Downtown Homes for Sale Historic St Charles, IL is well-known as a charming and vibrant town located 35 miles west of Chicago. Home to 35,000 people, St. Charles is the heart of the Fox River Valley and justly deserves its’ claim as “Pride of the Fox”. Today home buyers from across northern Illinois seek out the “old and charming” homes in Historic St. Charles, IL. Little cottages that served the mill workers now are restored as cozy family homes within walking distance of schools, parks, shopping and our downtown Starbucks.
Some buyers look for old Victorians to restore. Occasionally an Italianate mansion that reflects the wealth … (2 comments)

st charles il market update: St Charles IL Market Report|Single Family Homes|November 1, 2011 - 11/01/11 03:22 PM
St Charles IL Market Report|Single Family Homes|November 1, 2011 The real estate market is healthier in St Charles, IL than many other areas in the Chicago metro region. Single family homes in St Charles, IL in 2011 are selling ahead of last year’s pace and at a higher average price.
453 closed sales in 2011 versus 373 in the same period in 2010 The average sold price is $382,644 in 2011 versus $379,622 in 2010. Some other statistics on the closed sales this year: 20% (91) closed under $199,999 41% (188) closed between $200,000 and $399,999 25% (114) closed between $400,000 and $599,999   7% … (2 comments)

st charles il market update: Fox Valley Market Update|Single Family Homes|March 31 2011 - 04/05/11 06:50 PM
I carefully monitor the housing market here in the western suburbs of Chicago. So far this year, it looks as if transactions are maintaining a steady pace. As always, houses that are well-priced and very attractively presented will sell in this market. In the Fox River Valley the spring flowers are beginning to emerge and the trees are in bud. If you are thinking of buying or selling a home, now is the perfect time to give me a call at (630)945-7935.  
Batavia IL Market Update | Single Family Homes 2011 Closed Sales: 33 Average Closed Price: $257,071 Average Market … (7 comments)

st charles il market update: St Charles IL Market Update|Single Family Homes|March 31 2011 - 04/03/11 04:53 PM

St Charles IL Market Update|Single Family Homes|March 31 2011 St Charles IL is a dynamic community of about 30,000 people located 35 miles west of downtown Chicago. If you are thinking of buying a home in St Charles IL you should know that new listings appear every day. Many are selling in the first week or two on the market!
There are 88 closed sales year to date and there are 101 homes under contract compared to 71 about six weeks ago.
If you are thinking of selling your home  in St Charles IL please remember that buyers look for … (2 comments)

st charles il market update: St Charles Market Update March 20, 2011 - 03/20/11 02:51 PM
St Charles IL is a vibrant community located 35 miles west of downtown Chicago. St. Charles straddles the Fox River which offer residents and visitors many recreation opportunities throughout the year.
If you are thinking of buying a home in St Charles IL you should know that new listings are coming on every day. When homes are well priced and perfectly presented they can sell in the first week or two. There are 91 single family homes under contract today.
Compared to 33 closed sales about a month ago there have been 74 closings of single family homes this year in … (1 comments)

st charles il market update: St Charles IL Market Update | Single Family Homes | December 10 2010 - 12/11/10 03:39 PM
This post was originally published on FoxValleyRealEstate
Reproduction or use without express permission of the author is prohibited.
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st charles il market update: St. Charles IL Market Update | Single Family Homes | November 23, 2010 - 11/22/10 06:36 PM
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st charles il market update: St. Charles, IL Home Sale Prices and Market Update - 10/31/10 06:01 PM
Homes sales in St. Charles, IL have slowed as they normally do at this time of year, but there are a number of bright spots to consider. Home continue to go under contract every day. Sellers who present their home in tip top condition and price compellingly will sell. Affordable homes in downtown St. Charles that are priced under $300,000 are especially popular with buyers. The Fox Mill subdivision in Campton Hills, just west of St. Charles has 35 closed sales so far this, year, priced from about $400,000 to $800,000.
Some new information is the number of luxury homes that … (6 comments)

st charles il market update: How's The Market? Why Da Ya Wanna Know? - 09/13/10 06:02 PM
"How's the Market?" must be the most loaded question in real estate. Alternatively I hear it as (1) a taunt from those who think Realtors are narcissistic and overpaid leeches on society or (2) an invitation to spontaneously deliver a PhD level discourse on the interaction of monetary policy with the cost of mulch. After reading a rational, well-written and helpful post by Jeff Dowler, I realize I need to better understand the motivations of the questioner. Only then I can decide whether the answer requires 15 hours on the computer.
CLIENTS who ask "How's the Market?" want to hear how the Realtor will simultaneously sell their home for more than market value … (54 comments)

st charles il market update: St. Charles, IL Market Update: Kane County Outperforms Chicago Metro Area - 08/29/10 07:09 PM
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st charles il market update: Home Prices Will Continue to Drop: It's Simply a Case of Supply and Demand - 08/22/10 08:49 PM
Keeping Current Matters is the blog site of Steve Harney and his terrific real estate data ccollection and analysis team. Last week they published a series of reports and links from major industry analysts. The universal agreement is that home prices will continue to drop over the next six to eight months.
Steve published this chart last week that he says "may be the best real estate chart ever".

Steve's comment on the chart: "We can see that the experts are calling for prices to decline for the next year and then take another year to regain that loss and have values equal today's … (96 comments)

st charles il market update: Time to Yank it Off? - 07/31/10 04:56 AM
"We think maybe we should pull the house off the market and wait until next year...?" Many of our sellers are opening their weekly reports and wondering if waiting until next year would get them a higher price. Showing activity has dropped off and the number of price changes on hotsheets far outnumbers any new sales. Sellers are frustrated after a long hot summer of keeping the house clean and showing ready. We know we've been doing great marketing, so if the house is in good shape and staged to perfection, then price drops are the only thing left to do … (109 comments)

st charles il market update: St. Charles IL Home Sales Are Picking Up - 02/09/10 01:19 AM
I've had the sense that market activity in St. Charles IL is picking up and the data supports that feeling. Closed sales in January 2010 are about 20% over closed sales in January 2009. The interesting column is the Under Contract, since it shows that there will be a respectable closing rates for February and March. The best selling price points are up to $300,000. Homes priced from $300,000-$450,000 are also selling better than in 2009. Homes priced over $600,000 continue to have high inventory and slow sales. Difficulty in obtaining jumbo mortgage loans and economy uncertainty are the key reasons … (1 comments)