With a population of 39,459 as of 2020, Oswego, IL is a small village on the shores of the Fox River. With a revitalized downtown bringing in new restaurants and even a luxury apartment complex downtown, it has a variety of housing stock to fit the needs of most buyers. Like most areas in the c
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05/05/2022
With single family home prices appreciating in price in double digits month-to-month 1st time home buyers may opt to buy a condo/Townhome/duplex instead. In 2021 out of the 22 homes that closed in the attached single family home the majority - 13 sold for less than list price or at list price (4
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04/08/2022
Despite a drop in closed transactions from 120 in 2021 to 78 (35%) in February, 2022, Naperville saw price appreciation of 15.2% to $572,500 from 2021's $497,125! Average days on the market dropped to 64 which is a 13.5% drop from 2021's 74 days on the market. Currently there are 107 available
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03/22/2022
Being 2nd has not hurt Aurora, IL with accolades for placing 21 out of 182 cities by Wallethub as one of the happiest cities in the nation. Home sellers that sold in February 2022, are even happier! There were 92 sold homes in February compared to 88 in 2021 which was an increase of 4.6%. Th
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03/22/2022
Despite February being a short month, there were 21 homes sold in 2022. Compared to 2021's 34 sold homes, its obvious the lack of inventory with a drop of 38.2% from last year. Homes that sold over list price were 55.8% of closed transactions. Multi-offers are still strong and buyers have t
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03/07/2022
In today's super competitive real estate market getting a listing is a challenge akin to climbing Mt. Everest! With additional new agents joining the industry, lowest inventory since for ever, and the increase in interest rates, agents are under more stress than ever!If my experience is anythin
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02/26/2022
Currently with 110 active listings in the single family home category in Naperville, IL which is more than double of Aurora's 41 active listings - with 33.6% of those homes in the $1M and up category - buyer's still have plenty of options in the lower priced ranges. In January 2022 there was a
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02/26/2022
Trying to find a new home for a buyer in Oswego, IL is getting even more difficult unless they want to wait for a new home to be built. If that is the case they have a much better selection with 23 available new construction homes "to be built" in Oswego instead of the 8 available existing homes
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02/23/2022
Unlike surrounding communities that have inventory levels under 50 homes, Naperville currently has 83 single family homes for sale. 28 of those are new construction to be built homes and 32 of the 83 are Million plus homes. With 55 homes existing - buyers have a few more options to choose from
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02/08/2022
Aurora, IL ended 2021 with a 15% increase in sales with 1,861 closed sales against 2020's 1,618. The Average Sale Price increased to $287,446 from 2021's $255,741 which was a 12.4% increase! Meanwhile, the Median Sale Price increased 11.3% from 2021's $242,500 to $269,900! Yes, it was a very
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02/06/2022
