Health & Fitness
Joliet, IL Short Sale Realtors Release Short Sales Report for September, 2012
Team Bowers Joliet, Illinois short sale Realtors release the most important statistics for short sales in Joliet. Review Joliet short sales for the last 3 months here.
Team Bowers Joliet, IL short sale realtors have compiled the following Joliet short sale statistics and foreclosure statistics for home owners in looking to sell their home in Joliet as a short sale and people interested in buying short sale properties in Joliet, Illinois or buying Joliet foreclosures.
As the title states, the reports below are for short sale and foreclosure home sales only. Traditional home sales have been removed from these statistics as they are in a higher price tier than short sales and foreclosures and are not comparable homes as it relates to pricing.
Short sales typically sell for more money than foreclosures because even though short sales require a lengthy process to complete and take months to close, they are typically in much better condition than foreclosures. Foreclosures are the lowest price tier because they are generally in much worse condition than 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 Jolietwith free, real-time updates from Patch.
Joliet, IL - Short Sale Homes For Sale: September, 2012
City Bedrooms # of Short Sales For Sale # of Short Sales Sold # of Short Sales Not Sold Median List Price Median Sold Price Sold - Avg Days On Market Not Sold - Avg Days On Market Joliet 2 91 12 79 $64,900 $42,500 133 209 Joliet 3 175 28 147 $92,900 $79,900 159 219 Joliet 4 94 9 85 $137,000 $160,000 154 221 Joliet 5 23 1 22 $105,000 $21,000 50 202 Joliet 6 5 0 5 $70,200 $0 0 147
Find out what's happening in Jolietwith free, real-time updates from Patch.
Joliet IL - Short Sale Homes For Sale: July 1 , 2012 - September 30, 2012
City Bedrooms # of Short Sales For Sale # of Short Sales Sold # of Short Sales Not Sold Median List Price Median Sold Price Sold - Avg Days On Market Not Sold - Avg Days On Market Joliet 2 129 41 88 $63,000 $46,700 185 225 Joliet 3 259 82 177 $92,500 $74,900 132 235 Joliet 4 147 38 109 $130,000 $148,730 141 252 Joliet 5 27 3 24 $110,000 $127,000 141 212 Joliet 6 7 2 5 $64,900 $32,500 76 147
Joliet, IL - Foreclosure Homes For Sale: September, 2012
City Bedrooms # of Foreclosures For Sale # of Foreclosures Sold # of Foreclosures Not Sold Median List Price Median Sold Price Sold - Avg Days On Market Not Sold - Avg Days On Market Joliet 1 2 0 2 $120,000 $0 0 60 Joliet 2 21 0 21 $74,900 $0 0 74 Joliet 3 44 0 44 $90,000 $0 0 75 Joliet 4 20 0 20 $139,900 $0 0 73 Joliet 5 6 0 6 $145,350 $0 0 89 Joliet 6 2 0 2 $179,000 $0 0 197
Joliet IL - Foreclosure Homes For Sale: July 1 , 2012 - September 30, 2012
City Bedrooms # of Foreclosures For Sale # of Foreclosures Sold # of Foreclosures Not Sold Median List Price Median Sold Price Sold - Avg Days On Market Not Sold - Avg Days On Market Joliet 1 2 0 2 $120,000 $0 0 60 Joliet 2 22 0 22 $74,900 $0 0 77 Joliet 3 45 1 44 $85,500 $45,000 135 75 Joliet 4 22 0 22 $140,000 $0 0 79 Joliet 5 6 0 6 $145,350 $0 0 89 Joliet 6 2 0 2 $179,000 $0 0 197
Team Bowers Realtors provide the above city-level, Joliet short sale and foreclosure statistics because home owners facing a short sale or foreclosure are asking "How much can I sell my home for as a short sale to avoid foreclosure?" and home buyers are asking, "Are short sales and foreclosures in Joliet still a really good deal? Is now a good time to buy?" The above statistics are interesting city-level figures and for most Joliet home owners thinking about selling their house as a short sale or home buyers looking for deals; however, if you are really looking to avoid foreclosure or stop foreclosure in Joliet by selling your house as a short sale or if you are ready to purchase short sales or foreclosures in Joliet, you need much more localized statistics because the real estate markets in Joliet vary greatly by subdivision. The banks that sell foreclosures and approve short sales know this... so should you!
Team Bowers Realtors provides localized short sale and foreclosure statistics at a subdivision level and at a bedroom count level for every subdivision in Joliet, IL on our website at www.teambowersrealtors.com.
