Aurora, IL March 2019 Home Sales - Single Family

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

Aurora, IL, the "City of Lights" had strong March, 2019 home sales.  Being the 2nd largest city in IL and one of the most affordable cities it had the following sales in March for single family detached homes:

 

 

Homes Sold

 

Days on Market

                Median Sales Price
Town/City 2019 2018 % Dif 2019 2018 % Dif 2019 2018 % Dif
Aurora 131 117 12.00% 84 66 27.3% $218,000 $229,000 -4.80%

 

Sales increased 12% from 2018's 117 to 131 closed transactions which is very positive.  Yet there was an increase for

Days on Market of 27.3% and a drop of almost 5% in median sale price, is the market cooling in our area from a seller's market to a buyer's?  Or is this just a seasonal slow down due to the crazy weather we had in March?

 

Aurora, IL continues to bring in new development to its downtown and as more people discover what a hidden gem it is prices will bounce back up as first time buyers are priced out of surrounding communities.

Posted by

Evelyn Santiago

Managing Broker/Owner - 630-251-0059

Heart Realty Group, Inc.

We are Passionate About Real Estate!

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Rainmaker
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Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Aurora is not alone in seeing these types of fluctuations, Evelyn Santiago, Managing Broker Heart Realty Group, Inc. ... up down up down ... the business comes in waves.  The news ... the financial markets ... the weather ... so much contributes to what we see in the housing markets these days.  I think it makes working with experienced professionals all that more important ...

Love the new pic/logo ...

Gene

May 06, 2019 07:55 AM #1
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Evelyn Santiago, Managing Broker Heart Realty Group, Inc.

Passionate About Real Estate & Our Clients!
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