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Greater Champaign County Real Estate Market Activity Snapshot: July 18 - 24, 2010

By
Real Estate Agent with Beringer Realty

Greater Champaign County Real Estate Market Activity Snapshot: July 18 - 24, 2010

The following data is for Single Family Residential Homes

New Listings: 89

  • Average List Price: $190,878

Pending Sales: 56

Closed Sales: 31

  • Average List Price: $178,493
  • Average Sale Price: $170,902
  • Sale-to-List Price Ratio: 95.7%
  • Average Days on Market: 99

Champaign County Real Estate Market Activity

 

Total active listings at the end of the week: 2,047 (no net change from last week)

Last week's real estate market report.

Last month's (June) real estate market report.

Summary: Pending sales are up this week, and we had fewer closings and more listings than last week. The average list price is very high once again, and the average sale price is up, too. Ultimately, we ended the week with over 2,000 active listings, meaning we still have quite an inventory of homes on the market! Especially with the low interest rates currently, conditions are very favorable for Champaign County buyers.

Any questions? Just leave a comment below or contact me here!

*This information is deemed reliable but is not guaranteed to be accurate.

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Shannon Lewis is a Realtor® and broker at Beringer Realty located in Urbana, Illinois. She and her partner, Debbie Hensleigh, help home buyers and sellers in Urbana, Champaign, Savoy, and many other surrounding communities.

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To contact Shannon with a question, for real estate assistance, or just to say "hey!":

call 217-552-8059, or email Shannon@HomeplaceAdvisors.com