Affordability Driving Sales in Greater Auroraland Area

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

Sometimes its fun to run numbers just to see what trends are developing in your general market.  With a bit of free time I decided to look at Year to Date sales in the six major cities and towns surrounding my market along with current inventory in the detached single family home market.  Find your town and if you are selling you will understand why your home either sold pretty fast or is taking longer to sell.  You can look at previous posts for your town to get the median sales price.

 

TOWNS

Available

New

Price

Change

Reactivated

Contingent

Pending

Sold

2019

Sold

2018

Aurora

217

43

42

2

240

20

553

521

Montgomery

64

12

10

2

72

11

135

151

Naperville

619

76

63

4

356

27

519

561

Oswego

81

10

2

3

52

12

177

186

Plainfield

205

20

15

0

145

18

417

448

Yorkville

85

6

3

2

44

5

125

132

 

With Aurora's more affordable homes and coupled withlow inventory levels sales will continue to beat 2018's numbers unless a major change in interest rates slows the whole market place.Growth Chart

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.

May 22, 2019 02:25 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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