End Of The Year Peoria Real Estate Market Snapshot

    defaultAs we head into 2017 now is a good time to take a look back at what is happening in the Peoria real estate market.  Below is a snapshot of the numbers that buyers and sellers should be aware of if they are looking to buy or sell in first half of 2017.

    Peoria Real Estate Snapshot: 

    • Monthly sales are down 10% month over month
    • Monthly sales are up 4.7% year over year
    • New inventory is down 7.7% month over month
    • New inventory is down 6.7% year over year
    • Total inventory is down 9.7% month over month
    • Total inventory is down 1.7% year over year
    • Month’s supply of inventory 3.1 making it a seller’s market
    • Average days on market is 74, almost identical to 1 year ago at 73.
    • Average list prices are up 4% year over year
    • Average median prices are up 5.7% to $260k
    • Average sales prices are 4.7% to $282.7k

    If your looking for more info on the market submit your info here and will send you a home valuation!

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