Batavia IL Market Report|Single Family Homes|November 2011
In Batavia IL there have been 194 closed sales as of October 31, 2011. This is an increase of 9% over the 174 closed sales during the same time in 2010. 58 of the sales — about 30% — of the closed sales have been distressed properties, which were then evenly split between short sales and bank-owned foreclosures.
There are 50 homes under contract at an average price of $258,953.
So far in 2011 the average closed price of $278,934 is above 2010′s average closed price of about $270,000. The higher average sales price is largely due to a number of higher end sales in subdivisions like Tanglewood Hills.
If you are thinking of buying or selling a home in Batavia, IL you need to keep track of home prices in Batavia IL and the Batavia IL homes for sale.
If you would like a detailed market report for your neighborhood or subdivision in Batavia IL please give me a call at (630)945-7935. I am an experienced Batavia IL real estate agent and I would be delighted to help you.
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Batavia IL Market Statistics
Single Family Homes As of November 1 2011
2011 Closed Sales: 194
Average Closed Price: $2878,934
Average Market Time: 172 Days
Under Contract: 50
Average List Price: $258,953
Average Market Time: 310 Days
Active Listings: 145
Average List Price: $353,403
Average Market Time: 263 Days
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Data Above Provided by MRED, the Multiple Listing Service of Northern Illinois.
Information deemed to be reliable but not guaranteed to be accurate.
Originally published at FoxValleyRealEstate.net
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