Health & Fitness
Downers Grove, IL Short Sale Agents Release Short Sales Report for September, 2012
Team Bowers Downers Grove, Illinois short sale Realtors release the most important statistics for short sales in Downers Grove. Review Downers Grove short sales for the last 3 months here.
Team Bowers Downers Grove, IL short sale realtors have compiled the following Downers Grove short sale statistics and foreclosure statistics for home owners in looking to sell their home in Downers Grove as a short sale and people interested in buying short sale properties in Downers Grove, Illinois or buying Downers Grove foreclosures.
As the title states, the reports below are for short sale and foreclosure home sales only. Traditional home sales have been removed from these statistics as they are in a higher price tier than short sales and foreclosures and are not comparable homes as it relates to pricing.
Short sales typically sell for more money than foreclosures because even though short sales require a lengthy process to complete and take months to close, they are typically in much better condition than foreclosures. Foreclosures are the lowest price tier because they are generally in much worse condition than short sales and the banks that own the properties are willing to sell them for substantially less money because they are in bad condition or the bank wants the properties off their books.
Find out what's happening in Downers Grovewith free, real-time updates from Patch.
Downers Grove, IL - Short Sale Homes For Sale: September, 2012
City Bedrooms # of Short Sales For Sale # of Short Sales Sold # of Short Sales Not Sold Median List Price Median Sold Price Sold - Avg Days On Market Not Sold - Avg Days On Market Downers Grove 1 7 0 7 $62,000 $0 0 189 Downers Grove 2 31 4 27 $79,000 $55,000 253 219 Downers Grove 3 30 0 30 $199,900 $0 0 196 Downers Grove 4 17 2 15 $240,000 $212,300 200 178 Downers Grove 5 5 0 5 $349,000 $0 0 291 Downers Grove 6 1 0 1 $330,000 $0 0 96
Find out what's happening in Downers Grovewith free, real-time updates from Patch.
Downers Grove IL - Short Sale Homes For Sale: July 1 , 2012 - September 30, 2012
City Bedrooms # of Short Sales For Sale # of Short Sales Sold # of Short Sales Not Sold Median List Price Median Sold Price Sold - Avg Days On Market Not Sold - Avg Days On Market Downers Grove 1 9 1 8 $62,000 $174,900 91 184 Downers Grove 2 39 8 31 $85,000 $70,000 174 275 Downers Grove 3 47 11 36 $199,500 $174,900 185 201 Downers Grove 4 24 4 20 $279,000 $212,300 157 177 Downers Grove 5 7 1 6 $440,000 $415,000 435 301 Downers Grove 6 1 0 1 $330,000 $0 0 96
Downers Grove, IL - Foreclosure Homes For Sale: September, 2012
City Bedrooms # of Foreclosures For Sale # of Foreclosures Sold # of Foreclosures Not Sold Median List Price Median Sold Price Sold - Avg Days On Market Not Sold - Avg Days On Market Downers Grove 1 2 0 2 $349,000 $0 0 97 Downers Grove 2 15 0 15 $139,900 $0 0 111 Downers Grove 3 7 0 7 $268,999 $0 0 96 Downers Grove 4 4 0 4 $397,831 $0 0 128 Downers Grove 5 1 0 1 $485,000 $0 0 61
Downers Grove IL - Foreclosure Homes For Sale: July 1 , 2012 - September 30, 2012
City Bedrooms # of Foreclosures For Sale # of Foreclosures Sold # of Foreclosures Not Sold Median List Price Median Sold Price Sold - Avg Days On Market Not Sold - Avg Days On Market Downers Grove 1 2 0 2 $349,000 $0 0 97 Downers Grove 2 15 0 15 $139,900 $0 0 111 Downers Grove 3 7 0 7 $268,999 $0 0 96 Downers Grove 4 4 0 4 $397,831 $0 0 128 Downers Grove 5 1 0 1 $485,000 $0 0 61
Team Bowers Realtors provide the above city-level, Downers Grove short sale and foreclosure statistics because home owners facing a short sale or foreclosure are asking "How much can I sell my home for as a short sale to avoid foreclosure?" and home buyers are asking, "Are short sales and foreclosures in Downers Grove still a really good deal? Is now a good time to buy?" The above statistics are interesting city-level figures and for most Downers Grove home owners thinking about selling their house as a short sale or home buyers looking for deals; however, if you are really looking to avoid foreclosure or stop foreclosure in Downers Grove by selling your house as a short sale or if you are ready to purchase short sales or foreclosures in Downers Grove, you need much more localized statistics because the real estate markets in Downers Grove vary greatly by subdivision. The banks that sell foreclosures and approve short sales know this... so should you!
Team Bowers Realtors provides localized short sale and foreclosure statistics at a subdivision level and at a bedroom count level for every subdivision in Downers Grove, IL on our website at www.teambowersrealtors.com.
