Homes sales in Ironwood and Ironwood West subdivisions may be struggling to keep pace with the overall real estate sales trend in Champaign County but they are keeping pace with last year and potentially creating a foundation for future home values in the neighborhood.
Home Sales in August of 2011 were up and down. The Champaign County Association of Realtors reported 239 units sold up 40% from August of 2010. This number is down from 254 units sold in July 2011 which reflects a typical seasonal slowdown.
Average Days on Market (DOM) for homes in these Champaign Subdivisions has varied quite a bit, but there is not a noticeable trend in these numbers. Cherry Hills maintained it's edge over the other subdivisions with a surprisingly short 59 DOM. Robeson Meadows West was on the long end with a an average time to sale of just over 4 months.