Friday, February 20, 2009

Year in Review

2008 Total Sales;
Monroe 121 avg $131,439 avg 85 days on market
Freeport 309 avg $84,336 avg 155 days on market
Galena 145 avg $224,258 avg 259 days on market
Rockford 1,734 avg $111,550 avg 72 days on market

2007 Total Sales;
Monroe 167 avg $134,523 avg 83 days on market
Freeport 416 avg $91,696 avg 137 days on market
Galena 190 avg $248,663 avg 194 days on market
Rockford 2458 avg $ 138,150 avg 62 days on market

List Prict to Sale Price comparison;
Monroe 2007 - 93% 2008 - 93%
Freeport 2007 - 94% 2008 - 91%
Galena 2007 - 90% 2008 - 88%
Rockford information not provided

A good market is a 6 month inventory supply;
Freeport has 173 homes for sale - that's 5.5 mths supply
Monroe has 101 homes for sale - that's 8.3 mths supply
Rockford has 1109 homes 4 sale - that's 6.4 mths supply
Galena has 254 homes for sale - that's 1yr 9 mths supply

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