Real Estate Market Minute: Batavia IL (May 2014)
Welcome to May's real estate market update for Batavia, IL. Matt, your trusted real estate agent thought you'd find this information helpful and is ready to answer any questions about the local market.Let's take a look at real estate activity in Batavia during the month of May.
The number of active listings was up 8% from one year earlier and up 5% from the previous month.
The median listing price for the month was just under $330,000.
Compared to last year, the average number of days that units spent on the market before being sold was down 26%.
The median sale price was $280,000.
The number of units sold decreased 2% year-over-year and increased nearly 125% month-over-month.
Thanks for reading and we hope you found this article helpful as you gather more information to make smart informed real estate decisions. If you'd like more information or assistance contact The Kombrink Lobrillo Team at RE/MAX Great American North at 630-488-3300.
