Romeoville Real Estate Market Extends Downward Trend in Contracts

Sales rose to 60 homes sold in the Romeoville market over the last 30 days. However, a new downturn in the amount of pending transactions continued, with 65 completed in the same period. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. The median sales price rose to $174,500, up from last week's $168,500. The rising sales and a low two months of inventory point to Romeoville being a solid seller's market.

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Demographic facts about Romeoville:

  • The population growth rating is 78. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $18.40/$1,000.
  • The commute times can range from: <15 min (21.7%), 15-29 min (22.2%), 30-44 min (24.6%), 45-59 min (14.8%), >60 min (16.8%).

Data reported through 10/12/2016

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Keller Williams Realty
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Carrington Real Estate Services
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