Health & Fitness
Joliet Real Estate Agents Release Traditional Home Sales Report for September, 2012
Team Bowers Joliet, Illinois real estate agents release the most important statistics for home owners in Joliet. Review traditional home sale statistics for the last 3 months here.
Team Bowers Joliet, IL real estate agents have compiled the following Joliet real estate statistics for home owners in Joliet, people looking to buy a home in Joliet, and people interested in selling a house in Joliet, 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 Jolietwith free, real-time updates from Patch.
Joliet, 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 Joliet 1 12 1 11 $55,000 $64,000 170 215 Joliet 2 187 16 171 $90,000 $93,000 144 190 Joliet 3 291 23 268 $130,800 $123,000 154 209 Joliet 4 151 12 139 $189,900 $205,000 198 241 Joliet 5 34 2 32 $199,900 $253,000 163 216 Joliet 6 13 1 12 $119,900 $90,000 462 275 Joliet 7 4 0 4 $210,000 $0 0 683
Find out what's happening in Jolietwith free, real-time updates from Patch.
Joliet 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 Joliet 1 13 2 11 $55,000 $75,000 188 215 Joliet 2 239 38 201 $92,900 $89,000 164 205 Joliet 3 380 70 310 $134,900 $128,000 141 217 Joliet 4 202 42 160 $179,000 $190,000 137 237 Joliet 5 38 3 35 $219,900 $231,000 124 233 Joliet 6 14 1 13 $119,900 $90,000 462 271 Joliet 7 4 0 4 $210,000 $0 0 683
Team Bowers Realtors provide the above city-level, Joliet real estate statistics because home owners and home buyers are always asking, "How is the Joliet real estate market doing?" In reality, the above statistics are interesting city-level figures and for most curious Joliet home owners, these statistics will suffice; however, if you are looking to sell a house in Joliet or if you are interested in purchasing homes for sale in Joliet, you need much more localized statistics because the real estate markets in Joliet vary greatly by subdivision.
Team Bowers Realtors provides localized statistics at a subdivision level and at a bedroom count level for every subdivision in Joliet, IL on our website at www.teambowersrealtors.com.
