Jan 9, 2009

December Market Statistics for Warrenville

As we all dust of the snow that’s been falling, I’m going to dust off this blog and be more active. It was also a New Year’s Resolution to do more writing, and this is one I can probably keep! I’ll spare everyone the recap of 2008 since it was a year most people probably want to forget, but things should be looking up in 2009.

December saw a total of eight sales closed (according to MRED MLS which may not include FSBO sales) ranging from $100,000 to $625,000, which just goes to show the wide range of property available here in Warrenville. Six of the homes sold in December were for less than $200,000.

Five single family homes sold with an average sale price of just over$262,198. The three attached homes sold for an average price of $150,167. While Warrenville still hasn’t seen the dramatic price drops some areas have, the average market time for the homes that sold in December was 229 days (7 ½ months).

As of today, Jan 9th, there are 13 homes under contract with an average list price of $161,715. Seven are Attached homes and six are Single Family Homes. Additionally there are 128 homes in Warrenville currently listed in the MLS at an average list price of $285,198.

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