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Health & Fitness

Wheaton Real Estate Agents Release Traditional Home Sales Report for September, 2012

Team Bowers Wheaton, Illinois real estate agents release the most important statistics for home owners in Wheaton. Review traditional home sale statistics for the last 3 months here.

Team Bowers Wheaton, IL real estate agents have compiled the following Wheaton real estate statistics for home owners in Wheaton, people looking to buy a home in Wheaton, and people interested in selling a house in Wheaton, Illinois.

As the title states, the reports below are for traditional home sales only. So what are “traditional” home sales? Traditional home sales are the home sales where the home owner did not sell their home as a short sale or foreclosure. Years ago, there wasn’t much of a need to make distinctions between the different types of homes sales because the vast majority were traditional home sales. Due to the current economic and real estate market conditions, it is extremely important to analyze each sale type differently because each sale type belongs to a different pricing tier.

Traditional sales fetch the most money because they are in good condition and can close quickly. Short sales sell for less money than traditional sales because short sales require a lengthy process to complete and take months to close. Foreclosures are the lowest price tier because they are generally in much worse condition than traditional sales and 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 Wheatonwith free, real-time updates from Patch.

 

Wheaton, IL - Homes For Sale: September, 2012

City Bedrooms # of Homes For Sale # of Homes Sold # of Homes Not Sold Median List Price Median Sold Price Sold - Avg Days On Market Not Sold - Avg Days On Market Wheaton 1 9 0 9 $89,900 $0 0 124 Wheaton 2 74 2 72 $154,997 $220,000 52 142 Wheaton 3 155 20 135 $249,914 $239,211 161 148 Wheaton 4 178 18 160 $450,000 $400,000 84 136 Wheaton 5 51 5 46 $579,999 $560,000 91 105 Wheaton 6 10 0 10 $1,189,900 $0 0 217 Wheaton 9 1 0 1 $439,900 $0 0 98 Wheaton 13 2 0 2 $599,000 $0 0 61

 

Find out what's happening in Wheatonwith free, real-time updates from Patch.

Wheaton IL - Homes For Sale: July 1 , 2012 - September 30, 2012

City Bedrooms # of Homes For Sale # of Homes Sold # of Homes Not Sold Median List Price Median Sold Price Sold - Avg Days On Market Not Sold - Avg Days On Market Wheaton 1 14 3 11 $91,900 $68,000 193 130 Wheaton 2 96 17 79 $154,997 $135,000 151 172 Wheaton 3 215 53 162 $255,000 $229,000 131 160 Wheaton 4 254 55 199 $459,000 $407,500 109 147 Wheaton 5 71 14 57 $579,999 $441,000 112 122 Wheaton 6 11 1 10 $889,000 $841,000 72 217 Wheaton 8 1 1 0 $749,899 $687,700 51 0 Wheaton 9 1 0 1 $439,900 $0 0 98 Wheaton 13 2 0 2 $599,000 $0 0 61

 

Team Bowers Realtors provide the above city-level, Wheaton real estate statistics because home owners and home buyers are always asking, "How is the Wheaton real estate market doing?" In reality, the above statistics are interesting city-level figures and for most curious Wheaton home owners, these statistics will suffice; however, if you are looking to sell a house in Wheaton or if you are interested in purchasing homes for sale in Wheaton, you need much more localized statistics because the real estate markets in Wheaton vary greatly by subdivision.

Team Bowers Realtors provides localized statistics at a subdivision level and at a bedroom count level for every subdivision in Wheaton, IL on our website at www.teambowersrealtors.com.

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