The local market in the tri-city area of Sandwich, Somonauk and Lake Holiday remained at a slower pace than our neighbors to the east. We had 17 homes close with an average sales price of $209,821 this was 96% of the asking price and the bright spot, these homes were on the market only 90 days.
There was very little condo and duplex activitiy with only 3 having closed at an average price of $156133 for a total of 138 market days on average.
The mobile home market was light 2 closed and the average market time was 52 days with an average sales price of $70,850.
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