With it being a new month, it's interesting to take a look at the market stats by town! Is there a different town you're interested in seeing statistics for? Contact us and we are happy to help! Interested in current listings? CLICK HERE to view! Do you have any other questions? Call or Text -... Continue Reading →
The average home sale price increased 4% to $170,928 and the median sale price (the point at which half of the homes sold for less and half for more) was up 6.4% to $150,000. The time on market dropped 10 days to a relatively brief 75 days and the average % of asking price received increased to 97%.
Spring home sale stats are very positive in Champaign. Local home sellers have seen a huge increase in activity in the last month and inventory levels remain low. In fact, we've seen multiple offers on 3 of our last 6 pending sales! Thinking of a move? Take a look at these numbers and let us... Continue Reading →
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 →