monthly market update stats

Freeport, Stephenson County, IL sold real estate market for Feb 2014

12 sold

$75,492 avg sale price

192 avg days on market

4 Conventional financing

1 FHA

7 Cash buyers

compared to Jan 2014

21 sold

$51,752 avg sale price

192 avg days on market

11 Conventional financing

3 FHA

1 VA

6 Cash buyers

Some may say the market is declining - not in Freeport.  187 homes currently for sale still gives us declining inventory.

Freeport, IL real estate market for Feb 14 - 12 homes sold, many cash buyers picking up great investments

Savanna to Shannon, Carroll County, IL sold real estate market for Feb 2014

6 sold

$90,042 avg sale price

178 avg days on market

5 Conventional financing

1 Cash buyers

compared to Jan 2014

4 sold

$53,300 avg sale price

101 avg days on market

2 Conventional financing

2 Cash buyers

92 homes currently for sale means inventory is also declining here, with avg sales prices increasing and more Owner Occupant buyers, all positive signs

Savanna-Shannon, Carroll County, IL real estate market for Feb -picking up and more Owner Occupant buyers purchasing

Rockford, IL sold real estate market for Feb 2014

109 sold

$59,336 avg sales price

100 avg days on market

71 Cash

30 Conventional

8 FHA

compared to Jan 2014

100 sold

$60,348 avg sales price

81 avg days on market

53 Cash

36 Conventional

8 FHA

1 IHDA

2 VA

841 homes currently for sale give us just over 7.75 months of inventory, this area has taken a sharp decline since last years sales.

The Rockford market is definitely in decline, mostly cash buyers and sales prices way down compared to 2013.