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This Week
Real-Time Market Profile Trend
Median List Price $ 298,900 ≠≠
Asking Price Per Square Foot $ 137 ±+
The median list price in BATAVIA, IL 60510 this week is $298,900. Average Days on Market (DOM) 204 ==
Percent of Properties with Price Decrease 49 %
Percent Relisted (reset DOM) 9%
Inventory has been lightening lately and the Market Action Index
has been trending up. Though days-on-market is increasing, these Percent Flip (price increased) 1%
are mildly positive indications for the market. Median House Size (sq ft) 2397
Median Lot Size 0.25 - 0.50 acre
Median Number of Bedrooms 4.0
Median Number of Bathrooms 2.5
Home sales have been exceeding new inventory for several weeks. ±+ No change == Strong upward trend ≠≠ Strong downward trend
However because of excess inventory, prices have not yet stopped
falling. Should the sales trend continue, expect prices to level off = Slight upward trend ≠ Slight downward trend
soon and potentially to resume their climb from there. Watch prices
as the market transitions from a Buyer's market to a Seller's market.
Price
Market Action Index Prices in this zip code have been on a downward trend recently
and this week, while essentially flat, doesn't break us out of that
cycle.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
0.25 - 0.50
Upper/Second $ 349,900 2650 acre 4.0 2.5 22 59 0 8 226 Upper-middle 25% of properties
0.25 - 0.50
Lower/Third $ 274,900 2256 acre 4.0 2.5 32 59 2 2 195 Lower-middle 25% of properties
8,001 -
Bottom/Fourth $ 184,900 1402 10,000 sqft 3.0 1.5 64 60 1 0 188 Least expensive 25% of properties
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