Aurora IL Average Home Sales Price Up 7.4% YTD

By
Real Estate Broker/Owner with Heart Realty Group, Inc.. IL-471.002355

The City of Lights continue it's strong market with low inventory levels, increase in average sales price and median sales price in single detached homes.  The average sales price increased to $209,378 from 2015's $194,899 which is a 7.40% increase!  The median sales price also increased from 2015's level of $177,500 to 2016's YTD of $192,250 - which is a 8.3% increase!  Go Aurora, IL!  With a population of over 200,000 this Fox River town - which happens to be the 2nd largest city in the state of IL, continues to provide a variety of housing options for home buyers and increased home price appreciation for home sellers.

AuroraFoxRiver

In September, 2016 it had 142 closed transactions vs. 2015's 132 which is a 7.6% increase in closed sales. The year-to-date sales are at 1,372 which is an increase of 2.2% from 2015's 1,342 closed sales during the same time period.

 

Current inventory is as follows:

 

$500K and Under

 

Active - 284

New   - 23

Price Change - 26

Reactivated - 3

Contingent - 229

Pending - 45*

 

$501K and Over

 

Active - 17

New -  0

Price Change - 1

Reactiviated - 0

Contingent - 3

Pending - 1

 

Grand Total Active: 354

Grand Total Contingent - 232

Grand Total Pending* - 46

 

*Ready to Close within 30 days or less

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Posted by

Evelyn Santiago

Managing Broker/Owner - 630-251-0059

Heart Realty Group, Inc.

We are Passionate About Real Estate!

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Tags:
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Rainmaker
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Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

That is a healthy real estate market. Much continued success to you all.

Oct 12, 2016 04:52 AM #1
Rainmaker
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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

thanks for the market update. I love reading about what is going on in the rest of the country!

Oct 12, 2016 12:52 PM #2
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Rainmaker
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Evelyn Santiago, Managing Broker Heart Realty Group, Inc.

Passionate About Real Estate & Our Clients!
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