Rockford, Winnebago County, IL sold real estate market for June 2013

June 2013 368 sold $114,607 avg sale price 92 avg days on market 175 Conventional financing 70 FHA 123 Cash buyers compared to May 2013 347 sold $112,692 avg sale price 91 avg days on market 156 Conventional financing 60 FHA 10 VA 121 Cash 1965 homes currently for sale give us just over 5 months of inventory, making the Rockford area one of the markets that is turning and improving. Inventory is down 24% from this time last year (yeah)! The numbers for homes under contract, waiting to close continues to be higher then at anytime in the last 7 years... Means buyers are out there buying, before the prices go up!