Introduction

The Batavia real estate market remains a competitive space for both buyers and sellers in March 2025. Whether you're looking to buy a new home or sell your current one, staying informed about the latest market trends can help you make smart, strategic decisions. This month’s update highlights key metrics such as inventory supply, median sold prices, and days on market to provide you with a clear snapshot of Batavia’s housing market.

Current Market Overview

As of March 2025, the Batavia housing market is showing strong performance across several key indicators. Here’s what you need to know:

  • Months Supply of Inventory: Currently at 1 month, indicating a tight market with limited available homes.
  • Sold to List Price…

838 Views, 0 Comments

For years, sellers have had the upper hand in the housing market. With so few homes for sale and so many people who wanted to purchase them, buyers faced tough competition just to get an offer accepted. But now, inventory is rising, and things are starting to shift in many areas.

So, is the market finally balancing out? And does that mean buyers will have it a bit easier now? Here’s what you need to know.

What Makes It a Buyer’s Market or a Seller’s Market?

It all comes down to how many homes are for sale in an area compared to how many buyers want to buy there. That’s what ultimately determines who has the most leverage.

  • A Seller’s Market is when there are more buyers than homes available, so sellers hold the power. This leads to rising…

155 Views, 0 Comments

Buying your first home is exciting, but let’s be real – it can also feel overwhelming. It’s a big step, and with that comes plenty of questions. Am I making the right decision? Can I really afford this right now? Will I be able to make ends meet if I have unexpected repairs? What if I lose my job?

Here’s the thing: every first-time homebuyer has these thoughts.

The homebuying process has always been a mix of excitement and nerves, and that’s completely normal. Here's some information that can give you a bit of perspective, so you don’t have these concerns.

Focus on What You Can Control

Since homeownership is new to you, you’re probably feeling like it’s hard to know what to budget for. And that can be a bit scary. You’ll have the mortgage,…

154 Views, 0 Comments

Introduction

The St. Charles, Illinois, real estate market remains a hot topic as we step into March 2025. With inventory on the rise, homes selling slightly above list price, and properties moving off the market in just over a week, it's crucial to stay informed. Whether you're considering buying, selling, or simply watching the trends, this detailed market update provides the key insights you need.

Housing Inventory: A Noticeable Shift

Right now, St. Charles has a two-month supply of inventory, marking a significant 59% increase over the past year. While this increase provides buyers with more options, it still reflects a seller-favored market since a balanced market typically has a four to six-month supply.

March 2025 Months Supply of Inventory St Charles Illinois

An increasing…

1155 Views, 0 Comments

Introduction

The Sycamore, Illinois, real estate market continues to be a dynamic landscape for buyers and sellers alike. With housing inventory tightening, homes selling close to the asking price, and a median sold price of $300,000, understanding the latest trends can make all the difference in your real estate journey. Whether you're looking to buy, sell, or simply stay informed, this March 2025 market update provides the crucial insights you need.

Sycamore’s Housing Inventory: A Tightening Market

Currently, Sycamore has a 1.4-month supply of inventory. In real estate terms, this means that if no new homes were listed for sale, it would take only 1.4 months to sell all existing properties at the current pace. A balanced market…

880 Views, 0 Comments

Thinking About Upgrading Your Lifestyle? These Are the 5 Most Prestigious Neighborhoods in St. Charles, Illinois

St. Charles, Illinois, is known for its historic charm, scenic Fox River views, and luxurious homes that redefine upscale living in Kane County. Whether you’re seeking a private estate nestled among mature trees, a golf course property with exclusive club access, or a breathtaking waterfront home, St. Charles has something for every high-end buyer.

But which neighborhoods stand out as the most prestigious? We’ve done the research for you! Using data directly from the Multiple Listing Service (MLS), we ranked the top 5 most expensive neighborhoods in St. Charles based solely on the average sale price of detached single-family homes…

2518 Views, 0 Comments

If you’ve been holding off on buying a home because of high mortgage rates, you might want to take another look at the market. That’s because mortgage rates have been trending down lately – and that gives you a chance to jump back in.

Mortgage rates have been declining for seven straight weeks now, according to data from Freddie Mac. And the average weekly rate is now at the lowest level so far this year (see graph below):

a graph with a line going upWhile that may not sound like a significant shift, it is noteworthy. Because the meaningful drop from over 7% to the mid-6’s can change your mindset when it comes to buying a home. Especially when the forecasts said we wouldn’t hit this number until roughly Q3 of this year (see graph below):

Why Are Rates Coming Down?

186 Views, 0 Comments

At one point or another, you’ve probably heard someone say, “Yesterday was the best time to buy a home, but the next best time is today.”

That’s because nationally, home values continue to rise. And with mortgage rates still stubbornly high and home prices going up, you may be holding out for prices to fall or trying to time the market for that perfect rate. But here’s the truth: waiting for the right moment could cost you in the long run.

Home Prices Are Still Rising – Just at a More Normal Pace

The idea that prices will drop dramatically is wishful thinking in most markets. According to the Home Price Expectations Survey from Fannie Mae, industry analysts are saying prices are projected to keep rising through at least 2029.

While we’re no…

193 Views, 0 Comments

a map of the united states with a couple of potted plants

Some Highlights

  • Over the past 5 years, home prices have risen dramatically. If you own a home, that means your house may be worth a lot more than you think. ​
  • Nationally, prices are up nearly 60% since 2019. ​And, if selling has been on your mind, you can use that bigger-than-expected return to power your next move.
  • ​Do you want to know how much your home is worth in today’s market? Let’s connect.​ The number may surprise you.

Originally posted at Simplifying The Market.

​

136 Views, 0 Comments

Naperville, IL Housing Market Trends – March 2025

Hey everyone! It's The Kombrink Team at One Source Realty, your trusted REALTOR® team in Naperville, Illinois. Whether you’re buying or selling, keeping up with market trends can help you make smart real estate decisions. Let’s dive into the latest market data and what it means for buyers and sellers in Naperville.

Key Naperville Housing Market Stats for March 2025

Naperville’s real estate market remains highly active, with key indicators pointing to a competitive landscape. Here’s a breakdown of the latest numbers:

  • 1.2 Months Supply of Inventory – A low supply of homes, fueling competition.
  • 11% Year-over-Year Inventory Decline – Fewer homes are available compared to last year.

3392 Views, 0 Comments