July 2015 Freeport IL real estate home sale statistics

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Best month of the year so far!!!

30 sold (priced from $7,250 to $259,000)

$90,404 avg sale price (still avg over $90 which is great and two months in a row)

166 avg days on market

(24 owner occ)

15 Conventional financing

2 FHA

6 USDA

1 Seller Financed

6 Cash buyers

247 homes currently for sale, slight decrease in inventory (3.2%), this is a great sign for prices to start increasing as inventory decreases

As I’ve mentioned the summer market fluctuates July was a great month, Aug is typically slow due to back to school and last vacations