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Champaign Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Champaign home sales for the month of February decreased in volume by 31% when compared to last year, while the median sale price rose by 8.3% from $138,250 to $149,750. The number of Single Family homes sales decreased by 27.9%, while the median sale price rose by 22% from $150,000 to $183,000. Condo/townhome sales decreased by 40%, while the median sale price decreased by 3.8% from $123,700 to $119,000.

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Median Sale Prices for Champaign

116k
158k
138k
169k
146k
147k
163k
157k
175k
165k
169k
136k
182k
139k
149k
12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Champaign

2
26
58
69
91
139
153
137
112
84
88
69
87
38
40
12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Champaign

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 58 40 -31% 92 80 -13%
(Single Family) 43 31 -27.9% 74 63 -14.9%
(Condos/Townhomes) 15 9 -40% 18 17 -5.6%
Median Sale Price $138,250 $149,750 +8.3% $150,000 $149,750 -0.2%
(Single Family) $150,000 $183,000 +22% $152,500 $163,500 +7.2%
(Condos/Townhomes) $123,700 $119,000 -3.8% $124,225 $119,000 -4.2%
Days on Market 77 67 -13.6% 76 61 -19.2%
(Single Family) 83 78 -6% 77 73 -5.2%
(Condos/Townhomes) 50 57 +14% 52 40 -23.1%

HomesByMarco sold over 300 homes last year

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Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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