Real Estate News and Advice
January 9, 2009
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.


Market Conditions Summary for Aurora, Illinois


Reported by

Pete McMahon
as of 1/7/2009:
Aurora Illinois homes are selling at a pace of 131 homes per month for the last six months. This pace has helped bring the home inventory down to under 11 months which is healthier than many surrounding communities. Still with this amount of... MORE->
About Pete McMahon

Reported by

Peggy Brown
as of 12/3/2008:
For the month of November, Aurora saw 57 single family homes close with an average sale price of $201,740. The average sale price was 94% of the average list price. The average market time was 204 days. Founded in 1857, the city of Aurora is... MORE->
About Peggy Brown

Reported by
Kathy Brothers
as of 10/17/2008:
In recent weeks this market has further stiffened. Showings across the community have decreased, not seemingly dependant upon the price range. Is it possible to sell in this climate? Yes, but be realistic on price and condition, and be... MORE->
About Kathy Brothers

Reported by

Team Duffy
as of 8/18/2008:
AURORA - THE CITY OF LIGHTS! Lately Aurora has been experiencing a buyers market with prices declining. The average price of a single family residence is approx. $235,000. Feel free to call us anytime at 630.276.7661 THANKS!... MORE->
About Team Duffy


Average Current Market Rating: 1.5    (4 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2    (4 ratings)




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Falling

Rising

Navigate: Top > Illinois > Aurora
North Aurora


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 5.01%
15 Year Fixed: 4.62%
1 Year Adj: 4.95%
(U.S. Weekly Averages)

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