Elgin Fox Valley Housing Data-Closings Show Big Increase, Shorter Market Times

A Realtor’s Best Friend for Home Buyers-the MLS database.  Here is a micro data source of property closings in Elgin/St. Charles this week:

Fox Valley Area-Elgin and St. Charles closings 6/26/2013.  Elgin, St. Charles Closings 06/26/13

List Price

Actual Sold Price

Market Time

Price Difference

$265,000

$280,000

104

+$15,000

$185,000

$182,000

1

-$3,000

$134,900

$134,000

38

-$900.00

$89,000

$105,000

40

+$16,000

$87,500

$86,000

65

-$1,500

$25,900

$58,250

14

+$32,350

The property for $25,900 was located in Elgin and was an investor special and apparently, was overbid a considerable amount.  This price point shows a lot of bidding activity.

Ask a Realtor about selling a property in your town or city.  Find out where inventory levels are and how long it will take to sell a home today!

Jennifer@ElginFoxValley.com

 

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