Batavia IL Real Estate Market Trends
By Kris Kombrink ~ The Kombrink Team
(RE/MAX Excels - Chicago's Western Suburbs)
There are currently 22 single family and townhomes listed for sale in Batavia. The average home is currently priced at $317,000. Closings are down 24% with 234 YTD. The median sale price of $279,750 is down 4% over last year. Market time is up 17% over last year with the average home being on the market for 160 days. This information was pulled from the Multiple Listing Service of Northern Illinois on Thursday, December 18th, 2008.In Batavia the primary improvements consist of average single family residential structures with a typical mix of multi-family dwellings and commercial support improvements. There are no apparent adverse factors affecting the marketability of this general market area. The turnover rate & employment stability are also normal for this suburban market area. The C...