Market Inventory Trends for Wheaton (60187)
Sold: Properties sold that month
New: Properties that are new on the market
Distressed: Properties that are short sales, bank owned, or up for auction.
Standard: Non-distressed listings that are not brand new to the market.
By looking at the number of sold properties in comparison to the number of standard properties you can review the inventory and health of our local market. If the inventory is growing than the number of new properties will be greater than the number of sold properties. Although all of the sold properties through September have not been tallied yet, you can see that the normal trend of sold properties per month is around 15-20 while the trend of new listings per month is closer to 40-50 per month. This trend is and has been occuring, creating a surplus of houses for sale in the Wheaton housing market (60187). This is also what REALTOR's
For more information on your local market visit WheatonHomes4Sale.com and click on Market Insider or just follow this link Market Insider Analysis and enter the zip code you wish to research.
For more questions and about your local housing market please email Katie Oakes at KatieOakes@KW.com.
No comments:
Post a Comment