The Academy School District 20 Real Estate Market - July 2012
There are currently 570 active listings, 249 pending sales, and 140 sales in the Academy School District 20 area for the month of July. The pending ratio is high at 30%. The pending ratio represents the supply and demand of the market. The higher the ratio, the greater the demand. A low ratio indicates more supply than demand.
The average sales price to list price ratio is a healthy 98.3%, indicating that sellers are not having to negotiate much on their sales price.
Average sales price is $328,916 and the median sales price is $307,000, these numbers are relatively the same over the previous month.
Average days on market are down for Academy School District 20 with 4.1 months of inventory.
We continue to see competing offers on nice homes in Academy School District 20. We will continue to see this with the inventory remaining relatively stable and demand high.
For the complete report visit Academy School District 20 Real Estate Market Report.
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