Hey there, I'm Miles Tischhauser with The Kombrink Team at One Source Realty, your local REALTOR® here in Saint Charles, Illinois. Today, I want to give you a market update for June 2024 that you won't want to miss!
The Market is Red Hot
Right now, the St Charles real estate market is sizzling with activity. We are seeing a hot market with only 1.13 Months Supply of Inventory. That's a significant decrease of 57% over the last 12 months, meaning homes are selling faster than ever! If you're considering selling your home, now is the perfect time to do so.
Sellers Are Getting Top Dollar
And check this out - the List to Sold Price percentage is at an impressive 103.6%, which means sellers are getting top dollar for their homes in this market. This percentage indicates that on average, homes are selling for more than their listing price, reflecting the competitive nature of the current market.
Homes Are Selling Faster Than Ever
Homes are flying off the market with a median days on market of just 4 days. That's right, only 4 days! This rapid pace shows that there is high demand for homes in Saint Charles, and buyers are acting quickly to secure their desired properties.
Median Sold Price on the Rise
For those of you wondering about pricing, the median sold price in Saint Charles is currently $592,500. This figure highlights the robust nature of the market and the strong value of homes in our community. Whether you're looking to sell and capitalize on these prices or buy and invest in a thriving market, the time is now.
Why Now is the Time to Make Your Move
Whether you're a buyer or a seller, now is the time to make your move in Saint Charles. If you're looking to buy or sell a home in this area, don't hesitate to reach out to me. I'm here to help you navigate this hot market and get you the best deal possible.
Thanks for tuning in to this market update. Stay tuned for more tips and advice from your favorite local REALTOR®. See you next time!
By keeping you informed about the latest trends and statistics, I hope to provide valuable insights that will help you make the best real estate decisions. If you have any questions or need personalized advice, feel free to contact me. Let's make your real estate dreams a reality in Saint Charles, Illinois!
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