Montgomery IL - March 2019 Home Sales

By
Real Estate Broker/Owner with Heart Realty Group, Inc.. IL-471.002355
https://activerain.com/droplet/5j8B

Montgomery homes sales had a great March!  With a 29% jump in home sales from 2018's 31 closed transactions to a total of 40 it did much better than some neighboring towns.  Unfortunately, there was a jump of 84.4% in the days on market (DOM) that seller's were probably not too happy about!  Luckily the increase in the median sales price did increase from 2018's $192K to the current median price of $223,500 which is a 16.4% increase from 2018.

Montgomery Village Hall

Montgomery, IL still is more affordable than other small towns nearby and it shows with its increased sales.  Despite taking longer to sell, price affordability for many buyers is becoming a bigger issue.  The downtick in interest rates at the beginning of the year definitely has helped all sales but with median sales price in Oswego of $284,000 or Yorkville's $262,000 or even Plainfield's $294,750, Montgomery is definitely a winner for first time home buyers on a tight budget!

If you are a buyer or seller in Montgomery, feel free to contact me and let's talk about your options today!

 

Posted by

Evelyn Santiago

Managing Broker/Owner - 630-251-0059

Heart Realty Group, Inc.

We are Passionate About Real Estate!

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Rainer
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Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Apr 25, 2019 09:22 PM #1
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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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