About Du Page County, IL

Bloomingdale Real Estate

Dennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends. Below, at the end of the page you will find Bloomingdale real estate statistics for the last 12 months as of November 6, 2009.

To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active

If you would like a free list of homes for sale in this area/neighborhood or would like more information about Bloomingdale, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&page=search&selected=qck&mode=N&acc=32722&s=active

Dennis Toomey

RE/MAX Territory

847-338-0180

http://www.housebyzip.com/

dtoomey@remax.net

Bloomingdale Real Estate Market Conditions

Market Statistics CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed, Expired Property Type: Detached Single, Attached Single Area: Bloomingdale Months Back: 12 Months

Active Listings

Detached Single

Bedrooms # Active Avg. LP Avg. MT All 113 $489,116 224 2 or Less 5 $380,740 141 3 36 $348,763 220 4 54 $528,383 193 5 or More 18 $682,128 349

Attached Single

Bedrooms # Active Avg. LP Avg. MT All 175 $245,072 229 2 or Less 117 $216,041 216 3 58 $303,636 254

Off-Market Listings

Detached Single

Bedrooms # Sold % Sold Avg OLP Avg LP (Sold) Avg SP SP:LP Ratio SP:OLP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd All 98 68% $434,953 $368,751 $345,815 94% 80% 173 $532,778 29% 2 or Less 5 100% $291,920 $282,920 $273,000 96% 94% 44 0% 3 38 76% $330,262 $291,611 $274,284 94% 83% 150 $376,683 20% 4 44 60% $483,422 $402,628 $375,776 93% 78% 218 $553,762 37% 5 or More 11 69% $667,756 $538,745 $506,173 94% 76% 128 $785,700 31%

Attached Single

Bedrooms # Sold % Sold Avg OLP Avg LP (Sold) Avg SP SP:LP Ratio SP:OLP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd All 99 54% $237,674 $207,872 $194,523 94% 82% 214 $245,851 44% 2 or Less 69 55% $213,059 $190,144 $178,428 94% 84% 221 $213,867 42% 3 29 50% $291,850 $246,015 $229,527 93% 79% 181 $307,614 50% 4 1 100% $365,000 $325,000 $290,000 89% 79% 679 0%

Well, well...nothing like speculation to throw a wrench into things...but as I type this the only remaining hurdle on extending the Home Buyer Credit is if our Prez can't remember how to use a fountain pen...but as little credit as I give 'em, I think signing his name should be a 'gimme'.

.... AND (note intentional use of bold,underlined, capital letters to keep your attention from drifting...) the credit being offered to move up buyers.....a few rules to follow so read with me here...:

The legislation that was recently cleared makes move-up buyers as well as first-time buyers eligible for a credit. The $8,000 maximum first-timer credit will continue and will now be available to couples with income up to $225,000, a nearly $55,000 increase above the level in existing law. A new $6,500 maximum credit would also be available to move-up homeowners who have lived in their current residence for five of the prior eight years.

YES!!!...sing it James! "I feel Good"....

Lets roll right into this months edition of :

By The Numbers...

For October 2009 Single Family Detached Homes (Information courtesy of MLSNI)

Naperville

Active Listings:978 (as of 10/31/09)

Sold(10/01/09-10/31/09): 103

Months Supply(Act/Sold): 9.49 Months

High Sold Price: $1,375,000

Average Sale: $433,462

Average Market Time: 147

October 09 Top Subdivision (sales): Tall Grass (9), several tied at (3)

www.NapervilleHomeSeller.com

Aurora

Active Listings: 1146 (as of 10/31/09)

Sold (10/01/09-10/31/09): 135

Months Supply(Act/Sold): 8.48 Months

High Sold Price: $905,000

Average Sale: $192,041

Average Market Time: 146

October 09 Top Subdivision (sales): Hometown (6),several tied at (4)

www.AuroraHomeSeller.com

Plainfield

Active Listings: 852 (as of 10/31/09)

Sold (10/01/09-10/31/09): 86

Months Supply(Act/Sold): 9.907 Months

High Sold Price: $425,000

Average Sale: $226,050

Average Market Time: 171 Days

October 09 Top Subdivision (sales):Lakewood Falls(6),Grande Ponte (5),Wesemer(4)

www.PlainfieldHomeSeller.com

Oswego

Active Listings: 284 (as of 10/31/09)

Sold (10/01/09-10/31/09): 29

Months Supply (Act/Sold): 9.79 Months

High Sold Price: $359,000

Average Sale: $235,465

Average Market Time: 202 Days

October 09 Top Subdivision (sales): Several tied at (2)

www.OswegoHomeSeller.com

So, my good fellows and ladies, what has been going on with you?

Talk to me-

-Dawg-

Shane Mann Ruff

Realtor®

Relocation Certified

967 West 75th Street

Naperville, Illinois 60565

Cell 630-846-1450

VM 630-637-2547

Fax 630-532-6670

"Let THE RUFFHOUSING TEAM do the TUFF work for you!"

www.TheRuffHousingTeam.com

www.NapervilleHomeSeller.com

www.NapervilleHomeBuyer.com

www.AuroraHomeSeller.com

www.OswegoHomeSeller.com

www.PlainfieldHomeSeller.com

Laura Johnson of Showhomes Naperville in the Western Suburbs of Chicago emailed me today about a great success story from a home in Elmhurst they recently staged:

'We have great news to share about one of our new construction homes! After

503 days on the market, the home sold within 32 days of Showhomes staging it!"

Here's some before and after of this really nice home:

Great job! This is one of two homes we staged for a builder who started the process before the market dropped. I love that we really get to help people in dire straits using home staging to help sell a home. This home, like most that we stage, is staged with a live-in Home Manager. Another beautiful home that avoided the short-sale and foreclosure option and sold for a great price!

Great work!

Thomas Scott, www.showhomes.com

We're recuiting!

It's a crisp Fall day in my part of Illinois. I was on my way to my health club when I stepped outside and felt the sun and smell of fall. Leaves had fallen in my back yard that it looked like a golden field so instead I took out my rake and started piling them up. The physical work helped to ease some of the stress from my morning.

My morning was spent finalizing closing dates for a couple of transactions that should have closed last month. One was a short sale that just seemed to take forever to close even with a great buyer and financing that was supposed to be a slam dunk. But nothing in today's lending environment is a slam dunk. I will be relieved to finally close on this one tomorrow but hopefully with positive thoughts I will be able to post this one as a sold - 24 hours from now.

My other transaction is with a buyer that is a 1st time home buyer. They are so excited to have found a place they liked that you can't help but be happy to be part of this transactions. Their financing was great and the only thing that held it up was a minor thing that I had no control over - the deposit of the earnest money check becauee I no longer hold earnest money check in transactions. The wierd thing is that the seller's attorney is the one that didn't deposit the check so they can't complain about closing late or give us too much grief.

So I just fiished talking to the mortgage officer and he informed me that the title charges are out of line with FHA guidelines and that the buyer's attorney will have to discuss this with the seller's attorney. It seems that those final details are still not finalized days before the closing date. We also found out that the village of Bolingbrook has transfer fees that are pretty high - $7.50 per thousand and split between buyer and seller. Next to Chicago this is one of the highest transfer fee's that I am aware of. I am always amazed at how some cities are able to get away with this type of taxation.

Buyers and sellers continue to be nickled and dimed with fees at closing - handling fees, email fees, city, state, email handling etc.

It's hard enough to find a buyer to sell a house to with the right credit score, the right down payment and for the right price...but now we have to also contend with the right closing fees!

There is plenty to do this year on Halloween, let's just hope for warm weather! Below are a list of events in Bloomingdale you should check out:

Bloomingdale Police and Fire Open House(corner of Bloomingdale and Fairfield Rds)

10:00 AM to 2:00 PM

Tour the police and fire station and play games! Children should wear their costume for trick or treating. For more information, visit: http://www.villageofbloomingdale.org/sites/default/files/PD-FDHalloweenOpenHouseFlyer.pdf

Startford Crossing in Bloomingdale Trick or Treating Event (corner of Gary and Schick Rds)

12:00 PM to 3:00 PM

Wear your costume to go trick or treating. And there is even a pet costume contest. For more information, go to www.stratfordcrossing.com.

Trick or Treating Official Hours

3:00 PM to 7:00 PM

Remember to play it safe, watch for children in the roads and inspect children's Halloween bags.

Official Eating of the Halloween candy

7:00 PM to....

Well some of you may start sooner! Wishing everyone a safe and happy Halloween!

Aleksandra de Leon