Bolingbrook Market Condition December 17

Dated: 12/04/2017

Views: 105

Opportunity to sell your home is heating up in the Bolingbrook, Plainfield and Romeoville markets this fall. I expect the trend to continue into the winter selling season. Each community is currently under 3 months of supply. That is to say it would take just under 3 months to sell all the homes on the market with the current known number of people actively looking to purchase. That my friends is the definition of a "sellers market". Does it mean that you could command a higher price? Perhaps, but what is more relevant is the time it will take to sell your home if priced correctly. That would mean a very quick sale!

Months supply

See graph here

Further supporting the "sellers market" condition is the amount of homes being listed. While Plainfield and Bolingbrook have increased the number of newly listed homes, it is still a downward trend that fuels the lack of supply available. This means if you are thinking about buying a home and find one you like, you should consider making an offer and supporting it with your story. (More on that later)

New listings 

See graph here

It seems Bolingbrook is for sale! The area can't keep homes on the shelf for very long. Being a long time resident of the community I can attest to the vibrant community and quality of life for move up buyers and first timers alike. Plainfield's market time has increased over last year but I believe the increase does not affect a owners ability to attract buyer if priced right. A trusted advisor is needed in times like these. Find an expert in your market and you will be able to meet your needs.

Market time

See graph here

Regards,

Steve Lona

630-343-9839

"Prepare To Be Moved"

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Steve Lona

Today, you don’t need a Realtor to find a home because with just a few clicks you can find countless properties to buy or even find a range of how much your home is worth. What consumers need today....

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