Batavia IL Market Report March 13 2011

By
Real Estate Agent with Baird&Warner Fox Valley

This month's Batavia Market Update for Single Family Homes has great news for Batavia IL residents and home buyers: the Spring market appears to be off to a great start! The showing activity appears to have picked up as the weather improves -- our long, cold winter appears to be giving way to milder and sunnier days.

While the average sold price of $232,344 is below that of 2010, there are about 15% fewer homes on the market compared to this time last year. List prices appear to have stabilized in all but the very top price brackets.

Home buyers are looking for good values in all price brackets. Home sellers need to avoid making common mistakes, price comeptitively and present their homes in tip top condition.

If you would like a detailed report for your neighborhood or subdivision in Batavia IL please give me a call at (630)945-7935. If you would like to receive free independent market research reports from Altos Research click here. If you are thinking of buying a home see my website for all the latest listings in Batavia.

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Batavia IL Single Family Homes Market Statistics
As Of March 13 2011

2011 Closed Sales: 25
Average Closed Price: $232,344
Average Market Time: 206 Days

Under Contract: 37
Average List Price: $308,429
Average Market Time: 238 days

Active Listings: 181
Average List Price: $355,355
Average Market Time: 270 Days

Data Above Provided by MRED, the Multiple Listing Service of Northern Illinois

__________________________________________________________________________

Batavia IL Market Trends

This post was written by Leslie Ebersole, Baird&Warner Real Estate and originally published on FoxValleyRealEstate.net.

Reproduction or use without written consent of author is prohibited.

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This post was written by Leslie Ebersole of Baird & Warner Real Estate.
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without the express written permission of the author.

 

FOX VALLEY LIVING

 

My Email leslie.ebersole@bairdwarner.com

My Mobile (630)945-7935

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Topic:
Real Estate Market Trends
Location:
Illinois Kane County Batavia
Groups:
HyperLocal Neighborhood and Community Posts
Tags:
batavia il homes for sale
batavia il market update
batavia il home prices

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Rainmaker
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Ken Tracy
Naperville Illinois Real Estate
Charles Rutenberg Realty - Naperville

Hi Leslie.  Nice looking market report...

Ken

March 17, 2011 09:52 PM
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Leslie Ebersole

REALTOR - Chicagonulls Western Suburbs
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