DAWG'S BLOG

What the new year brings....
January 17th, 2010 8:32 PM

Well....here we are...brand new year! Since we seem to rate our accomplishments by the year in which they occurred, I tend to look at January as the "Zamboni" cleaning the ice...clearing the slate for a brand new year. With that in mind...how shall we look at real estate? Will real estate on the verge of some newly appointed muscle in the extension of the new and improved, not to mention expanded First time home buyer credit, be the smooth skating guiding light to bring back the economy?...or using our ice metaphor, will real estate slip fall and drag everything down along with it? I sure hope America has pillows on its rear.....

Now that I've warmed up your grey matter...Lets take our first look at this years:

By The Numbers...

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

Naperville

Active Listings: 712 (as of 1/1/2010)

Sold(12/01/09-12/31/09): 81

Months Supply(Act/Sold): 8.79 Months

High Sold Price: $1, 706,250

Average Sale: $453,148

Average Market Time: 213

December 09 Top Subdivision (sales): East Highlands (7),Tall Grass (4)

www.NapervilleHomeSeller.com

Aurora

Active Listings: 996 (as of 01/01/2010)

Sold (12/01/09-12/31/09): 93

Months Supply(Act/Sold): 10.7 Months

High Sold Price: $459,000

Average Sale: $138,368

Average Market Time: 110

December 09 Top Subdivision (sales): Hometown (5),

www.AuroraHomeSeller.com

Plainfield

Active Listings: 705 (as of 01/01/2010)

Sold (12/01/09-12/31/09): 55

Months Supply(Act/Sold): 12.82 Months

High Sold Price: $510,000

Average Sale: $234,483

Average Market Time: 132 Days

December 09 Top Subdivision (sales):Lakewood Falls(3),Shenandoah (3),Clublands(3)

www.PlainfieldHomeSeller.com

Oswego

Active Listings: 223 (as of 01/01/2010)

Sold (12/01/09-12/31/09): 29

Months Supply (Act/Sold): 7.68 Months

High Sold Price: $435,000

Average Sale: $243,420

Average Market Time: 199 Days

December 09 Top Subdivision (sales): Gates Creek (4)


www.OswegoHomeSeller.com


On a serious note....for those of you, who like myself, are looking to donate to the Haiti relief effort but want to make sure your money is actually making it to the Haiti relief and not the CEO's wallet, try this link:

www.charitynavigator.org

My choice was www.directrelief.org, but use your heart and prayer to guide your effort.

-Dawg-

Posted by Shane Ruff on January 17th, 2010 8:32 PM
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