The Academy School District 20 Real Estate Market - October 2012
There are currently 538 active listings, 171 pending sales, and 131 sales in the Academy School District 20 area for the month of October. The pending ratio is high at 25.5%. 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.
The average sales price to list price ratio is a healthy 97.8%, indicating that sellers are not having to negotiate much on their sales price.
Average sales price is $300,530 and the median sales price is $284,000.
Average days on market are down for Academy School District 20 with 4.1 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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