Rock Falls Real Estate Market Update December 2018


Real Estate In Rock Falls is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.12 months supply of inventory on the market in Rock Falls on December 31, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Rock Falls last month was 30 days.
The number of home sales in Rock Falls from November 1, 2018 through November 30, 2018 was 10 units. That is 1% above the number of homes sold last month in Rock Falls.

The average price per square foot in the area is now $48/Sq.Ft, which is 10% a decline from last month.



In Rock Falls there were 3 units sold in November in the price range between $16,200 – $41,385 with an average of 2.3 bedrooms and 1 bathrooms and average Square footage of 865SF.

In Rock Falls there were 5 units sold in November in the price range between $41,386 – $95,784 with an average of 2.4 bedrooms and 1 bathrooms and average Square footage of 1,066SF.

In Rock Falls there were 2 units sold in November in the price range between $95,785 – $125,000 with an average of 3 bedrooms and 1.5 bathrooms and average Square footage of 1,218SF.

The low price range had the most activity. Homes up to $41,385 were on the market on average 56 days and sold an average of $26,400.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Rock Falls. Search all Rock Falls homes for Sale on propertyup.com If you are considering viewing Rock Falls, you may want to do so now!

Rock Falls
Oct 1, 2018 – Oct 31, 2018
Nov 1, 2018 – Nov 30, 2018
Month
October
November
Average Listing Price
$103,778
$103,968
Median Sales Price
$73,114
$66,570
Month supply of inventory
5.9
5.1
Market Time Detached
58 days
30 days
Market Time Attached
0 days
0 days
Inventory
78 properties
69 properties
Low price range
$19,900 – $46,507
$16,200 – $41,385
Low price range market time
21 days
56 days
Low price range units sold
0
3
Low price range bedrooms
2
2.3
Low price range bathrooms
1
1
Low price range approx sqft
949 SF
865 SF
Mid price range
$46,508 – $105,806
$41,386 – $95,784
Mid price range market time
118 days
20 days
Mid price range units sold
2
5
Mid price range bedrooms
2.5
2.4
Mid price range bathrooms
1
1
Mid price range approx sqft
1,131 SF
1,066 SF
High price range
$105,807 – $138,500
$95,785 – $125,000
High price range market time
53 days
19 days
High price range units sold
2
2
High price range bedrooms
2.5
3
High price range bathrooms
1.1
1.5
High price range approxsqft
1,528 SF
1,218 SF

The post Rock Falls Real Estate Market Update December 2018 appeared first on Real Estate Vibe - Property Up.



source http://realestatevibe.com/rock-falls-real-estate-market-update-December-2018/

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