The Academy School District 20 Real Estate Market - April 2013
Active listings are at 509 and Pending sales are up at 319 and sales are down slightly at 136 in the Academy School District 20 area for the month of April. The pending ratio is high at 38.5%. 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. As this number creeps up, the prices will increase and we will see more competing offers.
The average sales price to list price ratio is a healthy 98.5%,
indicating that sellers are not having to negotiate much on their
For the complete report visit Academy School District 20 Real Estate Market Report.
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