Looking at the most recent sales data for the area it shows the following stats for the year to date up through the end of July. For the first 7 months of 2011 compared to the first 7 months of 2012...
-Dunlap saw an increase of 31% and a closer listing price to sales price ratio...currently 94.7%.
-Peoria saw an increase of 14.9% and an average listing price to sales price ratio of 88.3%.
-Washington saw an increase of 37.5% and an average listing price to sales price ratio of 93.1%
-Germantown Hills saw an increase of 61% and a closer listing price to sales price ratio...currently 94%.
-Metamora saw an increase of 0%-it was exactly even- and an average listing price to sales price ratio of 93%.
-Morton saw an increase of 29.4% and an average listing price to sales price ratio of 92.8%
For a complete list of all of the local communities just drop me a line or shoot me at email and I would be happy to send you a link. Looking at the July 2012 month compared to July 2011, we saw overall a drastic reduction in the days on market data, which reflects that homes sold much quicker this July than last July.
The higher end market, homes typically above $450K, is still lacking in the new construction supply. Many homes are being built in the $225K to $400K range, and selling about as quick as they are getting finished.
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