So ....As I watched the million of dollars pumped back in to the economy via Superbowl Commercials (Loved the mini Kiss Dr. Pepper spot...Hate the Jimmy Johns spots....NOT FUNNY AT ALL!) I thought about what January sales data showed us...that the new year kinda sucks. Buyers have taken the revamped First Time Buyers Credit and are sitting on it....heck....got til' April 30th...why not?
4rth Quarter Home Sales in IL showed a 4rth consecuative gain....sales down for the year by 1.5%. The Median sales price in December was $152,000....down 1.9% from December 2008 ($155,000) Year end stats for IL statewide are $157,000 down 14.6% from $183,900 in 2008 (stats courtesy IL Assoc of Realtors)
Well......IF the 'Aints can win the big one...nothing is impossible...Things can change...and with the Tax Credit countdown on (See the real time timer on www.Illinoisrealtor.org lower Right corner)...they will.
I now bring you this months edition of :
By The Numbers...
For January 2010 Single Family Detached Homes (Information courtesy of MLSNI)
Naperville
Active Listings: 838 (as of 2/01/2010)
Sold(01/01/2010-01/31/2010): 44
Months Supply(Act/Sold): 19.04 Months
High Sold Price: $1, 220,000
Average Sale: $444,261
Average Market Time: 173
January 09 Top Subdivision (sales): Tall Grass (5),Old Farm(3), White Eagle(3)
Aurora
Active Listings: 1113 (as of 02/01/2010)
Sold (01/01/2010-01/31/2010): 65
Months Supply(Act/Sold): 17.12 Months
High Sold Price: $525,000
Average Sale: $133,082
Average Market Time: 153
January 09 Top Subdivision (sales): Hometown (6),
Plainfield
Active Listings: 769 (as of 02/01/2010)
Sold (01/01/2010-01/31/2010): 46
Months Supply(Act/Sold): 16.71 Months
High Sold Price: $565,000
Average Sale: $238,074
Average Market Time: 163 Days
January 09 Top Subdivision (sales):Grande Park(7),Lakewood Falls (3),Clublands(3)
Oswego
Active Listings: 250 (as of 02/01/2010)
Sold (01/01/2010-01/31/2010): 12
Months Supply (Act/Sold): 20.83 Months
High Sold Price: $1,565,000
Average Sale: $358,120
Average Market Time: 301 Days
January 09 Top Subdivision (sales): (No subdivisions had more than 1 closed sale )
So bring on Mardi Gras a week early......our economy needs it!
- Dawg-
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