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Health & Fitness

Yorkville, IL Realtors Release Traditional Home Sales Report for September, 2012

Team Bowers Yorkville, Illinois real estate agents release the most important statistics for home owners in Yorkville. Review traditional home sale statistics for the last 3 months here.

Team Bowers Yorkville, IL real estate agents have compiled the following Yorkville real estate statistics for home owners in Yorkville, people looking to buy a home in Yorkville, and people interested in selling a house in Yorkville, 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 Yorkvillewith free, real-time updates from Patch.

 

Yorkville, 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 Yorkville 2 14 2 12 $119,900 $125,000 182 116 Yorkville 3 55 5 50 $194,999 $160,900 117 196 Yorkville 4 68 7 61 $299,000 $227,500 125 122 Yorkville 5 22 2 20 $359,900 $355,000 126 129 Yorkville 6 3 0 3 $299,900 $0 0 179

 

Find out what's happening in Yorkvillewith free, real-time updates from Patch.

Yorkville 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 Yorkville 2 24 8 16 $119,900 $125,000 102 156 Yorkville 3 81 20 61 $197,599 $180,000 124 214 Yorkville 4 97 21 76 $279,000 $213,900 110 143 Yorkville 5 27 6 21 $304,999 $290,000 133 145 Yorkville 6 4 0 4 $339,000 $0 0 193

 

Team Bowers Realtors provide the above city-level, Yorkville real estate statistics because home owners and home buyers are always asking, "How is the Yorkville real estate market doing?" In reality, the above statistics are interesting city-level figures and for most curious Yorkville home owners, these statistics will suffice; however, if you are looking to sell a house in Yorkville or if you are interested in purchasing homes for sale in Yorkville, you need much more localized statistics because the real estate markets in Yorkville vary greatly by subdivision.

Team Bowers Realtors provides localized statistics at a subdivision level and at a bedroom count level for every subdivision in Yorkville, IL on our website at www.teambowersrealtors.com.

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