The Scoop on Real Estate from Aurora, Montgomery, Naperville, Oswego, to Yorkville, IL

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Managing Real Estate Broker - Heart Realty Group, Inc.. - IL-471.002355
Real Estate Scoop in Aurora, Montgomery, Oswego, Naperville, Yorkville, IL and nearby communities! Learn how your market is doing with latest stats and what they mean. Hear about the latest business openings. Get personal reviews of restaurants, cafe's and other small business in the area. Find out the latest events and what else is happening in these great towns in the Chicago western suburbs.
The real estate market cooled a bit during December, 2021 for Naperville, IL closing out at 125 closed transactions compared to 153 transactions in December, 2020.   Despite this drop, YTD numbers were much better with 2,204 closed sales in 2021 compared to only 2,011 in 2020.   The super hot spr...
Illinois' 2nd city home sales continue to hold their own as sales in November increased 10.3% from November, 2020's 145 closed transactions to November 2021's 160 closed transactions.  As surrounding communities saw a dropped in their home sales which is pretty normal for the 4th quarter, includi...
In Oswego, IL for November, 2021 we finally saw a drop in closed transactions in the single family detached category from 48 sold  homes which is a 20% drop from 2020's 60 sold homes.  We had 52 closed sales in October, 2021 so not a major decrease in sales.This is pretty normal for the 4th quart...
Retirement May Be Changing What You Need in a Home The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the Schwartz Center for E...
I love being a listing agent but in today's real estate market, I have been able to play the opposing roles in two transactions as a buyer's agent.  There are always differing opinions on whose role involves more work when agents get together whether in person or on social media.Having been lucky...
Despite the 17.7% drop in closed sales in October, 2021 to 153 from October, 2020's 186, there is good news for home sellers in Aurora, IL.  The Days on Market (DOM) dropped a whopping 50% from October's 2020 46 days to only 23 days for  single family homes.  Sellers will like  the 6.8% increase ...
Despite the 34% drop in home sales in October, from 2020's 215 closed sales to only 142 closed  sales there is a silver lining - days on market went down 44.6% from 74 days to only 41 days in October, 2021.  Along with a 13.4% increase  in the median sale price from  $467,500 to a new high of $53...
Home sales in Oswego, IL continue into fall with only a 5.5% decline from last  year's sales.  The speed of how fast homes are selling though increased 47.2% from last year's 36 days on the market to only 19 days in October, 2021.The median price increased 27.5% from 2020's $293,000 to $373, 460!...
With the current inventory shortages working with buyers has become quite challenging.  One of the interesting things that I have  come across in my latest round of working with a buyer is how many small homes (under 1,000 sq. ft.) are currently for sale  in Aurora, IL.  Mind you, these are not f...
How is the Million plus price category in detached home sales doing so far in Naperville, IL compared to 2020?As of 10/19/2021 - there have been 123 Million dollar and above homes sold.  In 2020 there were only 53 homes sold at this point.   This is a 43.09% increase in million plus home sales!Ye...

Evelyn Santiago, Managing Broker Heart Realty Group, Inc.

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