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Champaign County IL Real Estate Market Report, January 2012
Champaign County IL Real Estate Market Report, January 2012
January 2012 Residential Sales Information Compared to January 2011
The following real estate market information concerns only residential sales in greater Champaign County, IL and includes houses, condos, co-ops, and zerolots
January 2012 Closed Sales Statistics:
106 units sold $135,828 average sale price 93.2% sale-to-list price ratio 100 average days on the market January 2011 Closed Sales Statistics:
107 units sold $144,241 average sale price 94.9% sale-to-list price ratio 112 average days on the market  
What's going on in the Champaign County, IL real estate market?
For another month now, the housing inventory for Champaign County has remained at lower levels than a year ago. We ended January 2012 with 1,741 homes on the market compared to 1,903 homes on the market at the end of January 2011. What this means is that home sellers, in general, are starting off the year with a little less competition, though, of course, the amount of competition an individual home seller faces will vary significantly from neighborhood to neighborhood. In addition, homes are currently selling at about the same rate that they were last year, which is good news in that sales ... more

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