Romeoville PRESS RELEASE

Village of Romeoville Press Release
Romeoville Realizes Increase in
Home Sales in the Past Year
According to MLS (Multiple Listing Service) data and verified by Village real estate transfer stamp records, Romeoville has seen a steady increase in home sales.
Between October 2011 and September 2012, there were 476 home sales in the Village, a 107 house increase when compared to the previous year causing an approximate 29% increase in single-family home sales in Romeoville in one year’s time. Romeoville Mayor John Noak stated “On behalf of the Village of Romeoville, I would like to thank the hundreds of new citizens for investing in our community. The continued steady purchase of single family homes in our community will assure that our housing stock continues to improve while the supply remains at an acceptable absorption level. A stabilizing housing market is key to the continuing retail growth we are experiencing.”

Although buyers in the market continue to increase, currently we estimate only 300 homes on the market in Romeoville, less than last year during this same time frame. The current housing market has proven to be extremely volatile with wide fluctuations month-to-month. For this reason, comparisons using year-over-year data better reflect the true Romeoville market.

Village of Romeoville

1050 West Romeo Road
Romeoville, IL 60446
(815) 886-7200
www.romeoville.org
Village Board

Mayor
John D. Noak

Village Clerk
Dr. Bernice E. Holloway

Trustees
Linda S. Palmiter
Jose (Joe) Chavez
Brian Clancy
Dave Richards
Sue A. Micklevitz
Ken Griffin

Advertisements

3 thoughts on “Romeoville PRESS RELEASE

  1. Pingback: R-ville Rec “look into the future” Save the Dates! | Three Rivers Area ~ Things to DO ~

  2. Pingback: Three Rivers Area ~ Things to DO ~

  3. Pingback: Romeoville Pony Baseball | Three Rivers Area ~ Things to DO ~

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s