Health & Fitness
Oswego, IL Real Estate Agents Release Traditional Home Sales Report for September, 2012
Team Bowers Oswego, Illinois real estate agents release the most important statistics for home owners in Oswego. Review traditional home sale statistics for the last 3 months here.
Team Bowers Oswego, IL real estate agents have compiled the following Oswego real estate statistics for home owners in Oswego, people looking to buy a home in Oswego, and people interested in selling a house in Oswego, Illinois.
As the title states, the reports below are for traditional home sales only. So what are “traditional” home sales? Traditional home sales are the home sales where the home owner did not sell their home as a short sale or foreclosure. Years ago, there wasn’t much of a need to make distinctions between the different types of homes sales because the vast majority were traditional home sales. Due to the current economic and real estate market conditions, it is extremely important to analyze each sale type differently because each sale type belongs to a different pricing tier.
Traditional sales fetch the most money because they are in good condition and can close quickly. Short sales sell for less money than traditional sales because short sales require a lengthy process to complete and take months to close. Foreclosures are the lowest price tier because they are generally in much worse condition than traditional sales and short sales and the banks that own the properties are willing to sell them for substantially less money because they are in bad condition or the bank wants the properties off their books.
Find out what's happening in Oswegofor free with the latest updates from Patch.
Oswego, IL - Homes For Sale: September, 2012
City Bedrooms # of Homes For Sale # of Homes Sold # of Homes Not Sold Median List Price Median Sold Price Sold - Avg Days On Market Not Sold - Avg Days On Market Oswego 2 48 5 43 $136,900 $93,000 98 207 Oswego 3 81 8 73 $189,900 $184,900 115 227 Oswego 4 126 14 112 $260,000 $267,500 101 277 Oswego 5 25 0 25 $346,900 $0 0 204 Oswego 6 4 1 3 $259,900 $315,000 191 146 Oswego 7 3 0 3 $795,000 $0 0 103
Find out what's happening in Oswegofor free with the latest updates from Patch.
Oswego IL - Homes For Sale: July 1 , 2012 - September 30, 2012
City Bedrooms # of Homes For Sale # of Homes Sold # of Homes Not Sold Median List Price Median Sold Price Sold - Avg Days On Market Not Sold - Avg Days On Market Oswego 2 63 14 49 $132,900 $132,000 103 214 Oswego 3 103 20 83 $184,900 $175,000 110 226 Oswego 4 183 48 135 $259,900 $252,445 123 268 Oswego 5 34 6 28 $325,000 $295,000 70 197 Oswego 6 5 1 4 $259,900 $315,000 191 145 Oswego 7 4 0 4 $998,000 $0 0 123
Team Bowers Realtors provide the above city-level, Oswego real estate statistics because home owners and home buyers are always asking, "How is the Oswego real estate market doing?" In reality, the above statistics are interesting city-level figures and for most curious Oswego home owners, these statistics will suffice; however, if you are looking to sell a house in Oswego or if you are interested in purchasing homes for sale in Oswego, you need much more localized statistics because the real estate markets in Oswego vary greatly by subdivision.
Team Bowers Realtors provides localized statistics at a subdivision level and at a bedroom count level for every subdivision in Oswego, IL on our website at www.teambowersrealtors.com.
