Wednesday, September 9, 2015

Freeport,IL Sold Real Estate Market for Aug 2015

2nd best month of the year, this is a great trend
29 sold (priced from $8,000 to $165,000)

$85,339 avg sale price
128 avg days on market

(18 owner occ)
12 Conventional financing
1 Seller Financed
11 Cash buyers

230 homes currently for sale, large decrease in inventory (7%), this is a great sign for prices to start increasing this Fall

Now that summer market is over, we should see increased activity and buyer demand to purchase prior to the holidays, Sept and Oct are very strong real estate market seasons

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