November 2023 Sangamon County Market Report
As we navigate the ever-changing landscape of the real estate market, a glance at the latest statistics offers valuable insights into its current state. Over the past month, a total of 158 properties changed hands, marking a steady flow of transactions in the market. The median price for these homes stands at $170,000, reflecting the diverse range of properties available and catering to various budgetary preferences.
Perhaps indicative of a responsive market, the average number of days a property spent on the market was 45. This suggests a healthy pace of sales, emphasizing the importance of well-priced and desirable listings in attracting potential buyers. The dynamism continues with 70 new listings hitting the market, signaling ongoing interest and activity. At present, there are 179 active listings, showcasing the breadth of options for prospective buyers. Additionally, a robust 215 pending sales underline the sustained momentum, as buyers actively pursue their dream homes. This snapshot of the real estate market highlights both its vibrancy and responsiveness to the evolving needs and preferences of buyers and sellers alike.