Real Estate Market in Fox Mill, St Charles IL

Real Estate Market in Fox Mill, St Charles IL

Fox Mill, one of the more active subdivisions in St Charles when it comes to real estate, has had a bit of a slow down so far this year.  Overall, sales are down, but they're poised to start racking up the sales numbers with a strong inventory of homes for sale.

Located on the west side of St Charles, Fox Mill is one of the more affluent subdivisions in the area.  Offering a wide range of home styles, prices range from $300,000 all the way up to $1,000,000.  Most people are attracted to the convenient location, and amenities like a clubhouse and pool, neighborhood elementary school and all of the open space and parks.

So how is the real estate market in Fox Mill, St Charles IL?  Scroll down for a look at housing in this neighborhood.

• There are currently 41 homes for sale in Fox Mill.  8 of them are under contract.
• The average list price of homes for sale is $637,858.
• The bulk of homes on the market are in the $550,000 - $700,000 price range.
• In the last 12 months, 41 homes have sold in Fox Mill.  The bulk of closed homes were priced between $450,000 - $500,000.  The average sale price being $510,346.

When comparing YTD 2014 with the same time period a year ago, we can see some Fox Mill market trends start to emerge.

• With 6 homes closed YTD, the number of sales in this neighborhood are down 60% from last year.
• Market time, or the amount of time it takes to sell, is up 87%.  This means it's taking longer to sell.
• The good news?  The average sale price YTD is $527,921, this is up 8% over 2013.

These stats may seem bleak but again, Fox Mill is poised to really start ramping up sales with over 30 homes still on the market and the Spring/Summer selling season starting to pick up speed.

Whether you're looking to buy or sell a home in Fox Mill, contact the best Realtor in Fox Mill, The Kombrink Lobrillo Team at RE/MAX Great American North at (630) 488-3300.  We know this neighborhood inside out and can make your dreams a reality.

Here are a few homes we have for sale in Fox Mill;

• 40W069 Carl Sandburg Rd, St Charles IL $464,900
• 4N154 Fox Mill Blvd, St Charles IL $475,000
• 4N481 Samuel Clemens, St Charles IL $489,900
• 4N468 S Robert Frost Cir, St Charles IL $489,900
• 4N414 School Rd, St Charles IL $489,900
• 40W343 Edgar Lee Masters Ln, St Charles IL $625,000
• 39W562 Henry David Thoreau Pl, St Charles IL $769,900