Category Archives: Market Updates

Which Sells Quicker – 2, 3 or 4 Bedroom Homes?

Through March of 2011, closed sales of 3-Bedroom properties in the Champaign County MLS represented 54.5% of total sales.  This represents the largest segment of home sales broken down by bedroom.

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Champaign County Luxury Homes Update

Champaign County Luxury Homes…
For some, this is not a phrase that comes to mind very often or very easily in the Champaign area. Visions of relaxed mid-western neighborhoods with traditional 3 Bedroom/2 Bath home and median price ranges are the easiest images to conjure up. Rest assured that the Champaign County luxury home market not only exists but it has remained active with some remarkable stability over the past few years.

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Cherry Hills Subdivision Champaign IL – Market Report Nov 2010

Cherry Hills Subdivision Champaign ILThe local housing market is working to continue it’s slow and uneven recovery and this includes Cherry Hills in Southwest Champaign. The information below is taken from MLS data between September 9th and December 9th of this year Continue reading

Summer Update for Ashland Park – Champaign, IL

The Summer months are slowly (and warmly!) drawing to a close but home sales in Ashland Park subdivision keep marching on.

As a follow-up to the Spring update on Ashland Park, this post will focus on the Summer activity.   Here’s a quick update on the inventory; Continue reading

Champaign and Savoy Neighborhood Update

The Federal stimulus provided by the Home Buyer tax credits continues to wind down and we continue to monitor its effects on our local Champaign real estate market.   The data in this post breaks out ‘Year-to-Date’ info for a number of popular subdivisions in Champaign and Savoy and compares it to last years activity. Continue reading