90% of all home sales that took place in the combined Clearwater Springs and Aspen Falls subdivision in the second half of 2011 were distressed home sales. This number is kind of a big deal for two reason:
1. Only 10 single family homes have sold in the subdivision in the last 6 months, and…
2. All but 1 of them were either a short sale or foreclosed property.
60% of the homes sold were foreclosures, and 30% were short sales. The homes ranged in price from $110,000 to $205,000. Of course the condition of the homes factors heavily into the condition of the final sales price. Obviously the more distressed the condition of the property, the lower the sales price…
If you, or someone you know, are looking to sell a home in Plainfield IL please call me at 630-673-6233 for a confidential consultation.
Julie Ferenzi | Realtor®
Plainfield IL Short Sale Specialist