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June 2007 Real Estate Market Stats in The Fox Valley Area

The chart below shows that the number of homes sold is up compared to last year! Thats great news! Not so great news is the average home price is down about 6.5%. Average days on the market (time it takes to sell a home) is up to 123 days compared to last year of 89 days. This means it is very important to price you home correctly from the start if you want you home to sell in a average amount of time. If you don't it could end up sitting on the market for a very long time! I don't know anyone who wants that!

If you are thinking of selling your home please contact Mark Roncone with RE/MAX Professionals Select for a free market analysis. 630-212-1118 or mroncone@remax.net Search homes for sale at www.markroncone.com.

Reprinted from MLNSI July, 2007 Operational Report

Posted Sunday Aug 05