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Absorption Rate Will/Grundy Counties, IL: May 12, 2008

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Real Estate Agent with Realty Executives Success

5/12/2008              
  UC Avg MT Median Listed Avg MT Mon Inv. Closed 
Joliet 165 166 $169,900 1105 175 6.70 11
Channahon 16 153 $244,900 153 261 9.56 1
Minooka 14 255 $176,450 213 198 15.21 1
Morris 27 225 $216,900 213 220 7.89 1
Shorewood 35 160 $264,900 268 175 7.66 1

UC=Number Homes Under Contract in Last 30 days
Avg MT=Average Market Time of UC Homes
Median=Median List Price For UC Homes
Listed=Number of Homes Listed in MLS
Avg MT=Average Market Time of Listed Homes
Mon Inv=Months To Sell Entire Inventory of Homes, the AR Rate
Closed=Number of Homes Closed in Last 30 Days

For an explanation of the AR Rate, please read this post.

This report is from my blog about Will & Grundy Counties, IL, the Will/Grundy Real Estate Report.

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