Monday, February 22, 2016

2015 Freeport IL year end real estate sales statistics

Freeport real estate market IMPROVES –
2015 statistics compared to 2014 % change
263 homes sold   246 +6.9
$21,147,346 Total sales volume         $20,001,490 +5.7
$80,408 average price per home sold $81,306 -1.2
182 average days on market to sell 186            -2.1

We were blessed to serve 135 families in their home purchase or sale this year, that’s an almost 16% increase from 2014!

On the back are the regional market snapshots.  If you'd like further information on your specific market let me know.

2015 was an up and down year; first quarter started off breaking records, second quarter slowed, third quarter was ghost town and then we ended the year with record activity.  Many properties are starting to see multi offers as inventory is down 15% from a year ago!

Our average sales price was down this year to $72,920, as many of our areas were still seeing a significant number of foreclosure properties.  Buyers were able to get some great deals, however now buyers are needing to be aggressive in their strategies.

This is our 9th year serving you as a Real Estate Office and my 17th year serving you as a Realtor/Broker. Throughout these years I've been very blessed to have wonderful clients.  Many have become my extended family, who have now blessed me with the opportunity to work with many of the next generation.

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