Wheaton Housing Market Trends

2012 shows signs of an improving housing market as the U.S. economy continues its forward-moving yet slow road to recovery. The Wheaton housing market appears to be no different. In January of 2011 there were 22 homes sold resulting in a median sale price of $237,000. The data is in for this past month, January 2012, and the results are promising with 29 homes sold for that month at an average sale price of $305,000. These numbers show not only growth in the number of homes sold with a 32% increase, but they also show a 22% increase in the median sale price of homes in Wheaton.

The housing inventory in Wheaton also shows signs of improvement. Looking at the numbers again from January 2011 in comparison with January 2012, the    numbers of homes on the market appear to be steadily decreasing and homes pending sale. In January 2011 there were 603 homes for sale while in January 2012 that number has dropped by 21% to 477 homes.  The amount of homes under  contract to be sold in January 2011 was 32 but has now increased by 28% in January 2012 to 41 homes.



The graph depicts the listing invesntory of homes for sale, homes that are pending closing, and homes that have closed in Wheaton from January 2010 to Janurary 2012. Red shows homes that are for sale, blue represents the homes under contract to close, and the green homes depict homes that have sold.


Visit Wheaton Homes For Sale now to browse available homes for sale in your area for free!



Wheaton Residents Pay a Higher Price for Water in 2012

It seems like the City of Wheaton is keeping with the general trend sweeping over Illinois in increasing the cost of living for its' residents. This year the prices of City water and sewer will be getting more expensive.

Those residing in Wheaton can expect to see a 30 percent increase to their water bills this upcoming month. This past Monday the City Council of Wheaton voted to up the water rate from $2.65 to $3.45 per 100 cubic feet of water.  So what does this translate to on your monthly bills? Based on the average water use per household, Wheaton residents can expect to see an estimated $9.60 more go out the window to cover their water bills each month.

"This year’s rate hike from the DuPage Water Commission is not the last. The commission is expected to increase its rates by 20 percent in 2013, 18 percent in 2014, and 17 percent in 2015, to pay off a $70 million debt."

"Wheaton Approves Water Rate Increase"
By: Alex Keown

To learn more about how and why the Wheaton City Council member's made this decision visit The Wheaton Patch .




Visit WheatonHomes4Sale.com to learn more about real estate and community trends in Wheaton and other surrounding areas, or to browse homes for sale for free!

Moving to Wheaton and Looking to Get your Family Involved?

If you are interested in moving to Wheaton please check out my website for access to homes listed for sale in the Wheaton and surrounding areas at Katie Oakes Wheaton Homes. 

If you have just recently moved to Wheaton, are considering moving to Wheaton, or if you already area a resident then you should definitely know about the advantages of the Wheaton Park District and its' community Center.  The Wheaton Park District offer tons of programs for small children all the way up to adults.  From sports to music and from childcare to hot spots for preteens the Wheaton Park District and its' Community Center has it all. 

A great way to get involved in the local community is to check out the events calendar at the Wheaton Park District Website.  Another great way to meet people within the community is to get yourself and your children signed up for the number of camps, programs, and sports teams available.  If you are interested in staying active and involved by participating in fun events and creating memories that will last a lifetime then you definitely need to visit the Wheaton Park District Website!