Freeport, Stephenson County, IL Sold Real Estate Market for July 2014

27 sold (priced from $6,500 to $180,000)

$78,079 avg sale price 

195 avg days on market

10 Conventional financing

3 USDA

2 FHA

1 Seller financed

11 Cash buyers

cash buyers average purchase price $60,655 (almost double the price from last month)

246 homes currently for sale that is the FIRST decrease this year (less than 2% but it is a step in the right direction), giving us just over 9 months of inventory, we are still in a buyers market however a typical/average market is 6 mths of inv (so not far)

compared to June 2014

23 sold (priced from $1,500 to $198,000)

$72,267 avg sale price 

80 avg days on market

9 Conventional financing

1 USDA

1 VA

11 Cash buyers

cash buyers average purchase price $38,141

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