I just completed my month-end analysis of the Oswego real estate market where I compared year-over-year August homes sale activity. Please follow the hyperlink above to read the entire 11 page presentation.
It is meant to be a quick read with only 9 charts of data, but it is comprehensive enough to portray a meaningful overview. You can see a few sample images attached to this post.
Here is what you will find each month in the report:
1) Year to Date Homes Sales - a record high of 480 homes SOLD in 2013
2) Homes Closed per month - also a record high of 80 in July 2013
3) Homes Closed by Sales Type (ie regular, short sale, foreclosure)
4) Distressed Sales as a % of Total Sales - 5 year history
5) Active Homes for Sale - a LOW of only 217 Active homes for sale.
6) Pending Sales per Month - 5 year history
7) Absorption Rate/Months Supply of Inventory - we are in a STRONG Sellers Market.
8) Mortgage Rate History - 13 year Summary
9) Median Sold Price of Single Family and Townhomes: Single Family homes holding steady at $220k and Townhomes at $115k.
Please feel free to download the full report here for further commentary and charts!
Past copies can be located on our website: http://ayersteam.com/market-reports/
Rich Ayers is a licensed Real Estate Managing Broker in Illinois and lead real estate contributor for The Oswego Patch. He also writes a monthly real estate column for Inside Oswego magazine. Rich was selected as Oswego’s Favorite Realtor by the readers of Glancer Magazine! Ayers Realty Group has EXPERIENCED Brokers who specialize in Residential and Investment real estate in Naperville, Oswego, Plainfield and the surrounding suburbs of Chicago. Visit our website at www.AyersTeam.com or follow us on Facebook or LinkedIn.
