St Charles IL Real Estate Market Trends

There are currently 710 single family and townhomes listed for sale in St Charles. The average home is priced at $401,950. Closings are down 28% with 537 YTD. The median sale price of $360,000 is up 7% from last year. Market time is up 22% over last year with the average home being on the market for 180 days. This information was pulled from the Multiple Listing Service of Northern Illinois on Thursday, December 18th, 2008.

In Saint Charles the primary improvements consist of average single family residential structures with a typical mix of multi-family dwellings and commercial support improvements. There are no apparent adverse factors affecting the marketability of this general market area. The turnover rate & employment stability are also normal for this suburban market area. The Chicago commuter train is available approximately three miles into the neighboring suburb. The area is rapidly growing with several new retail centers & housing projects currently under construction.

The Fox River, an Illinois State Park Waterway runs N-S through the center of town. Parks, schools, and other typical suburban buffers outline the residential streets. Saint Charles is an Illinois certified city & a far western suburb of Greater Chicagoland.

This information is provided by The Kombrink Team at RE/MAX Excels in Geneva, Illinois. For more St Charles, Illinois real estate information, including homes currently for sale, visit http://www.st-charles-il-homes-for-sale.com/. Please call 630-262-4321 with any questions or comments.