The Academy School District 20 Real Estate Market - September 2012
There are currently 557 active listings, 229 pending sales, and 105 sales in the Academy School District 20 area for the month of September. The pending ratio is high at 29%. 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 98.4%, indicating that sellers are not having to negotiate much on their sales price.
Average sales price is $293,497 and the median sales price is $277,500, down 3.9% and 1% respectively over August.
Average days on market are down for Academy School District 20 with 5.3 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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