Year In Review Market Update - 2021
2021 was quite the year!
Between August 2020 and August 2021, home prices across the United States rose to record levels, with the U.S. housing market rising to a record of 19.9%. Our numbers in Central Illinois are generally not the ones at the top of the charts, but nonetheless, we undoubtedly felt the shift.
2022 stands to be another strong year for sellers. If you're thinking about selling your home, being aware of the trends in the market will help you understand the strength of the market.
Our 2021 Year in Review market update showcases everything you need to know about local real estate trends as we head into the new year.
Our Team's 2021 In Review
6.1 Million
Total Sales Volume
34
Homes Sold
48
Customers Helped
Sangamon Market 2021 Year in Review
2 Months of Supply in January Decreasing to 1 Months Supply in December
This is a seller's market.
2126
New Listings
$173,343
Average Sale Price
2058
Closed Sales
32
Average Days on Market
Homes Sold
96.2%
Sale-to-List Price
Curious about how your home's value changed in 2021?
We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information heading into 2022.