Winfield Housing Market: November 2012 Update

The influx of homes hitting the market for sale has slowed tremendously and this month only shows about a 1% increase year over of home being listed for sale in Winfield compared to 12 months ago. Over the same time frame homes under contract (homes that have waiting to close) are up by 35.5% and homes that have sold (or closed) have increased by a dramatic 67.7%. From looking at the numbers it is clear that the rate of homes being put on the market is slowing dramatically while the increase of homes under contract as well as the number of sold are increasing at a much higher rate. This is an indication that a turn around may be starting in Winfield, following suit to other local areas like Wheaton and Glen Ellyn.

The median price of homes in Winfield have also been experiencing some noticeable changes from 12 months prior. Homes that are selling now are selling at a staggering 33% increase from a year ago while homes that are just being listed for sale now are also up about 12% higher than they were from last year.

Take advantage of these rock bottom prices while they are still around and visit WheatonHomes4Sale.com to start searching for available properties right now!

As a local Realtor I take pride in staying informed on local markets, please do not hesitate to contact me with any real estate questions or concerns. Looking to buy, sell or invest in real estate? I would love to help, please contact me and let me know how I can be of service!


Service and information provided by Katie Oakes with Keller Williams Premiere Properties.