St. Joe and Savoy stand out in regards to demand with less than 4 months of inventory in each market. Both areas are currently very low on inventory of available homes. I fully expect the number of homes to
What the Heck is an Absorption Rate?
5.3 Months of Inventory – Champaign Home Sales Report
Champaign County real estate inventory is averaging 5.3 months of supply. This represents a fairly balanced market between home buyers and sellers. 5 to 6 Months of supply is the standard for balance between a buyer's or seller's market. Five or less and the demand is strong enough to label it a Seller's Market. Six... Continue Reading →
Champaign Housing Market Update – August 2012
The 2012 inventory of homes for sale has been almost 12% below last years average. At the end of July their were 1748 homes for sale in Champaign County. As of this morning there were 1714.
Cherry Hills Subdivision Champaign IL – Market Report Nov 2010
The 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.
Champaign County Real Estate 