There were 60 home sales in Joliet IL over the last 30 days. Of those 60 homes that sold 43% of them were short sale or REO properties.
The difference in the number between short sales and bank owned properties in Joliet IL is somewhat alarming. 40% of the homes were actual bank owned foreclosure sales, while only 3% of those sales were short sales.
The discrepancy in this number can either be attributed in the difficulty of getting a short sale accepted by the lender, or because more and more homeowners are simply walking away or giving up on trying to avoid a foreclosure.
The range in home prices that closed in Joliet IL over the last 30 days was $26,500 - $479,000
Julie Ferenzi | Realtor®
Joliet IL Homes
630-673-6233
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