Rockford, IL sold real estate market for Aug 2013

170 sold
$88,272 avg sales price
81 avg days on market
71 Cash
62 Conventional
26 FHA
8 VA
3 Other financing types


compared to July 2013
156 sold
$85,624 avg sale price
90 avg days on market
58 Conventional financing
34 FHA
4 VA
1 IHDA
59 Cash buyers


991 homes currently for sale give us just over 5.8 months of inventory, making the Rockford area one of the markets that is turning and improving. Sales continue to improve month to month and year over year.

2012 at the same time average sale price was $84,044, up 5% year over year