Home sales in Ashland Park have increased in 2012. 30 closed sales YTD which is up almost 20% from the same time period last year. The number of closing in the last 6 months has slowed but the inventory is down as well. Currently there are 21 homes for sale in Ashland Park. This is significantly lower than prior years. A reduction in supply (less homes for sale) helps raise demand and this is reflected in the number of sales, average days to sell (DOM) and pricing in the area.
There are 25 active listings. (4 new construction homes and 21 existing homes). There are 5 pending home sales (2 existing homes and 3 new construction)
With the Spring market right around the corner it's a great time to look at the real estate activity in Champaign subdivisions. Today we'll review the home sale activity in Ashland Park Subdivision in Champaign.