Champaign IL Housing Market Report 4th Quarter 2011

Champaign IL Housing Market Report 4th Quarter 2011

Once again we've ended another quarter with a few more total sales than we had for the same quarter last year, though average sale price is down slightly and days on the market are up. Interestingly, we've averaged fewer homes on the market for the 4th quarter of 2011 than we were seeing in 2010, and this fact combined with an increase in sales has meant that the absorption rate for the area remains for this last bit of the year at slightly better, lower numbers than last year. (Check out December's market report for a 12-month absorption rate chart and explanation.)

Stay tuned for our 2011 Year-End Market Report to be posted here on our blog later today!

In case you missed it, here are the links to the monthly market reports for this quarter:

October 2011 Real Estate Market Report

November 2011 Real Estate Market Report

December 2011 Real Estate Market Report

And here's the 1st Quarter Housing Report for Champaign, 2nd Quarter Housing Report and 3rd Quarter Report.

*Information is deemed reliable but not guaranteed to be accurate. After all, I'm only human ;-)