Data comparisons* are made for the current 12 week period vs the previous 12 weeks.

Homes Under Contract, 13 vs 10, or an increase of 30%. This upward trend has been steadily continuing over the last several months and continues into the fall months. Homes Sold remained steady – 11 vs 11. They have been at this level on a continuous basis since early June, 2009, indicating a relatively stable market.

Continuing a trend that  started in July, Homes For Sale decreased 9% from 610 to 558. This continued reduction in inventory bodes well for stabilization in pricing and competition in the marketplace.

Median Price for Homes Sold in October 09 is down less that 1% from $152,167 to $151,288 – an insignificant change. The median for Homes Under Contract however, dropped from $162,575 to $150,896 – a decrease of 7.2%. Median List Price dropped 2.5% from $162,262 to $158,171. All three pricing metrics have been gradually declining over the past 6 months.

Condos and Townhomes in Aurora, IL

These stats are also available on an individual zip code basis. Contact me to take a closer look at your particular area. Or request your own customized report and it will be emailed promptly.

It is finally here, Aurora! The new, all electronic interchange at Eola Rd and I88 will open tonight, November 20th, 2009 and get this – it is reported to have come in on time and $14 million under budget! The following is excerpted from the Illinois Tollway press release issued earlier today:

DOWNERS GROVE, Ill. – Illinois Tollway, DuPage County and City of Aurora officials celebrated the completion of a new, full-access Interchange featuring all-electronic tolling at Eola Road and the Reagan Memorial Tollway (I-88) to help reduce congestion on the local road network in Aurora and Naperville. DuPage County Board Chairman Robert Schillerstrom, Aurora Mayor Tom Weisner, and Naperville Mayor George Pradel commended the Illinois Tollway for bringing the project in on schedule and under budget by $14 million. The new interchange is scheduled to open overnight tonight, November 20, and is part of the Illinois Tollway’s $6.3 billion Congestion-Relief Program.

The new interchange includes four ramps providing access for Eola Road traffic to and from the Tollway via Bilter Road on the north side of I-88 and Diehl Road on the south side of I-88, and will serve daily commuters from Aurora and Naperville as well as commercial truck traffic….

The interchange layout provides on and off access and exits in both directions and accepts IPass/electronic toll collection only! If you need to use cash, use the ramps at Farnsworth Ave, just west of Eola Road. Of interest to locals is the question ‘How will Eola Rd hold up and what will traffic be like now?’ With the addition of this ramp (greatly needed, in my humble opinion) and the opening of Metea Valley High School earlier this fall, we can expect to see a sharp increase in the number of vehicles on Eola.

As you can see, over the past 12 months, Median Prices have been relatively flat with a slight decline – an improvement over the previous 12 months that saw sharper declines. If you are interested in seeing how this drills down to the subdivision level, drop me an email or give me a call and let me know what area you want to view.  And as always, you can request your free reports here.

Condos and town homes in these zip codes show a sharper downward trend, down in the range of 8-11% over the same time period:

If you are interested in seeing how this drills down to the developement or association level, drop me an email or give me a call and let me know what area you want to view.  And as always, you can request your free reports here.

For the electronics recycling the following materials are acceptable:

Computers and Peripherals: CPU’s laptops, monitors, flat panels, keyboards, mice, cable, printers, plotters, external hard drives, tape drives, network hardware (i.e. servers, routers,hubs), communication hardware, and sub-assemblies of the above.

Data Center Equipment: Power Distribution Units (PDU’s) Uninterrupted Power Supplies (UPS Systems), Motor Generator sets (MG sets), chillers.

Office and Telecommunications Equipment: Copiers, fax machines, phone systems, cell phones, hand-held devices, projection equipment, audio equipment, video equipment, TV’s calculators, security equipment, microwaves.

A similar event was held at the old Lucent facility on Warrenville Rd earlier this summer and the turnout (turn in?) was fantastic. I unloaded a car-full of electronics.