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Oswego IL - February 2024 Home Sales

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

Even with a Leap Year home sales continue to be low as inventory stays lower than in past years.  New Construction homes are adding to off set low inventory but interest rates  continue in the high 6% range.   

February 2024 home sales were as follows:

Single Detached Home Sales

25 Closed Sales 

Price Range (Low  to High) -

$215,000 - 3 Bedroom 1 Bath - Raised Ranch - 3 Car heated  garage, 1344, sq. ft.   

$592,337 - New Construction - 4 Bedroom 2.5 Bath 2 Story - 3 car garage, Full Basement, 

with 3,146 sq. ft.

Existing Homes - 15

New  Construction - 10

2023 - February Closed Sales - 17

Price Range (Low to High)

$211,700 - 3 Bedroom 1.1  Bath - Ranch/wBasement - 2.5 car garage, 1400 sq.  ft.

$615,00 - 4 Bedroom 2.2 Bath - Log Cabin Home w/full Basement - 2 car garage, 2,160 sq. ft. on 3.43 acres

Existing Homes - 15 

New Construction - 2

2019 - February Closed Sales - 30 

$157,000 - 2 Bedroom 1.1 Bath - Ranch w/Full Basement - 1 car garage, 1,156 sq. ft.

$515,000 - 4 Bedroom 4.1 Bath - 2 Story w/Full English Basement - 3 car garage, 3,708 sq. ft. on .7141 acres.

Single Attached Home Sales

6 Closed Sales

Price Range (Low to High)

$110,000 - 1 Bedroom 1 Bath Condo - 545 sq. ft.

$375,000 - 2 Bedroom 2 Bath Duplex - Full Basement, 2 car garage, 1600 sq. ft. - New Construction.

2023 - February Closed Sales - 12

$114,000 - 1 Bedroom 1  Bath Condo - 756 sq. ft.

$348,000 - 3 Bedroom 2.1 Bath Townhome - Partial English Basement,2 car garage, 2221 sq. ft. 

2019 - February Closed Sales - 19

Low - $135,000 - 2 Bedroom 2 Bath Condo, 1114 sq. ft. *Foreclosure

High - $250,254 - 3 Bedroom 2.1 Bath Townhome, Partial English Basement, 1894 sq.  ft.  (1 yr.  old)

Numbers tell the story of price appreciation in the last 4 years!

If you are thinking of cashing in on your homes equity this year whether you are downsizing, renting, or moving out of state or area - Call me and let's discuss all of your options  today!

Posted by

Evelyn Santiago

Managing Broker/Owner - 630-251-0059

Heart Realty Group, Inc.

We are Passionate About Real Estate!

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Evelyn and thank you for your market report for your area to share with us here in the Rain.  Make it a great day!

Mar 06, 2024 09:00 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

A market report that helps inform both buyers and sellers. With inventories low, buyers need to be prepared to move quickly and sellers should make the home easy to recognize as the one to buy.

Mar 06, 2024 09:05 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Thank you for taking the time to share this report.  Buyers and sellers both need information like this to make informed market decisions.

Mar 06, 2024 10:55 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Evelyn Santiago, Managing Broker Heart Realty Group, Inc. this is really good information for both Buyers and Sellers in your area.

Mar 06, 2024 02:12 PM