According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in October 2009 reached 10,986 homes sold, up 24.2 percent from October 2008 sales of 8,846. The Illinois median price in October 2009 was $157,000 down 7.6 percent from $170,000 in October 2008. The median is a typical market price where half the homes sold for more, half sold for less
According to the IAR report, total home sales (single-family and condominiums) comparing October 2009 to the same month in 2008 were up in 45 of 99 Illinois counties reporting including Cook, up 31.1 percent; DuPage, up 34.9 percent; Kane, up 34.8 percent; Kendall, up 51.0 percent and Will, up 57.4 percent.
Here's what's happening on the local front:
By The Numbers...
For November 2009 Single Family Detached Homes (Information courtesy of MLSNI)
Naperville
Active Listings:880 (as of 11/30/09)
Sold(11/01/09-11/30/09): 96
Months Supply(Act/Sold): 9.17 Months
High Sold Price: $1,675,000
Average Sale: $421,485
Average Market Time: 175
November 09 Top Subdivision (sales): Tall Grass (4), University Heights (4)
Aurora
Active Listings: 1096 (as of 11/30/09)
Sold (11/01/09-11/30/09): 127
Months Supply(Act/Sold): 8.63 Months
High Sold Price: $457,000
Average Sale: $172,270
Average Market Time: 162
November 09 Top Subdivision (sales): Oakhurst (6), Hometown (5),
Plainfield
Active Listings: 803 (as of 11/30/09)
Sold (11/01/09-11/30/09): 87
Months Supply(Act/Sold): 9.23 Months
High Sold Price: $490,000
Average Sale: $214,139
Average Market Time: 166 Days
November 09 Top Subdivision (sales):Lakewood Falls(7),Caton Ridge(5),Clublands(5)
Oswego
Active Listings: 271 (as of 11/30/09)
Sold (11/01/09-11/30/09): 23
Months Supply (Act/Sold): 11.78 Months
High Sold Price: $438,979
Average Sale: $243,289
Average Market Time: 220 Days
November 09 Top Subdivision (sales): Churchill Club (3)
This Holiday season, how about giving a donation to your favorite charity? Before you buy any gift this year, take a moment to think:
Does _________ really need this? ...or am I just buying it so I can say I bought _______ something?
If it's the later....I'd opt for the donation to a nice charity. FMSC.org (Feed my Starving Children) or GFA.org (Gospel for Asia)are two of my personal favorites....and be sure to check out GFA's Christmas gift catalog....when is the last time you bought someone a water buffalo? Both great organizations that need our thoughts, prayers and financial support year round.....but they heavily depend on Christmas donations to meet their budgets....just a thought....
Wishing you and your's a Happy Holiday!
-Dawg-
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