Aurora, 60504

 

The charts in this Market Report are “live” and updated weekly. Book mark this page and check back to see how the market is changing. Download a sample report that contains more detail. If you are really into data analysis and market metrics I have a comprehensive report that can be emailed also. Scroll through the Listings in the right column. They are about as up-to-date as you can get so be confident that what you see is really available.

Market View for Single Family Homes, Aurora, IL 60504

Available Homes in 60504

90-day stats for Single Family properties in
AURORA, IL60504 as of May 18, 2012
Median List Price:$174,377Average List Price:$192,824
Total Inventory:135Price per Square Foot:$115
Average Home Size:1,971Median Lot Size:7,694
Average # Beds:3.37Average # Baths:2.32
Homes Absorbed:7Newly Listed:9
Days on Market:210Average Age:18

Key numbers to note in the above table are Homes Absorbed and Newly Listed. If Homes Absorbed is greater than Newly Listed, inventory is decreasing, or fewer choices for buyers, hence potential upward movement in pricing. Paying attention to the gap between Median List Price and Average List Pricegives a good indicator of which properties are moving: If the gap increases month over month, higher end homes are pulling the market upwards.

The Market Action Index (MAI) illustrates the balance between supply and demand using a statistical function of the current rate of sale versus current inventory. An MAI value of 30 typically indicates a “Neutral Market” .

The interactive chart below allows you to select different time frames to view activity in the market, so go ahead play with them.

 

[idx-listings zip="60504" propertytypes="87" orderby="DateAdded" orderdir="DESC" count="10"]

Really into the numbers? Want to track them on a regular basis? Just complete the Report Request and let me know which zip code(s) you are interested in. The reports will be delivered on a regular schedule to your email.

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