Rock Falls Real Estate Market Update April 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 5.55 months supply of inventory on the market in Rock Falls on April 30, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Rock Falls last month was 83 days.
The number of home sales in Rock Falls from March 1, 2018 through March 31, 2018 was 16 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 $45/Sq.Ft, which is 37% a decline from last month.



In Rock Falls there were 6 units sold in March in the price range between $28,500 – $45,263 with an average of 2.2 bedrooms and 1.4 bathrooms and average Square footage of 1,155SF.

In Rock Falls there were 7 units sold in March in the price range between $45,264 – $92,262 with an average of 3 bedrooms and 1.3 bathrooms and average Square footage of 1,357SF.

In Rock Falls there were 3 units sold in March in the price range between $92,263 – $122,500 with an average of 3.3 bedrooms and 1.7 bathrooms and average Square footage of 1,545SF.

The low price range had the most activity. Homes up to $45,263 were on the market on average 90 days and sold an average of $36,583.

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
Feb 1, 2018 – Feb 28, 2018
Mar 1, 2018 – Mar 31, 2018
Month
February
March
Average Listing Price
$107,789
$107,960
Median Sales Price
$98,571
$62,025
Month supply of inventory
6.2
5.5
Market Time Detached
151 days
83 days
Market Time Attached
0 days
0 days
Inventory
65 properties
59 properties
Low price range
$40,000 – $69,286
$28,500 – $45,263
Low price range market time
71 days
90 days
Low price range units sold
4
6
Low price range bedrooms
2.8
2.2
Low price range bathrooms
1.3
1.4
Low price range approx sqft
1,274 SF
1,155 SF
Mid price range
$69,287 – $143,785
$45,264 – $92,262
Mid price range market time
217 days
76 days
Mid price range units sold
1
7
Mid price range bedrooms
3
3
Mid price range bathrooms
2.2
1.3
Mid price range approx sqft
1,800 SF
1,357 SF
High price range
$143,786 – $189,000
$92,263 – $122,500
High price range market time
278 days
85 days
High price range units sold
2
3
High price range bedrooms
3.5
3.3
High price range bathrooms
2.1
1.7
High price range approxsqft
2,631 SF
1,545 SF

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