Saturday, May 3, 2008

Boulder Hill, Montgomery IL. April 2008 Market Report

April was not a very active month for Boulder Hill. Only 5 homes closed with an average market time of 110 days. That means if you're thinking about selling your home - don't plan on a sale completing until sometime in August. That's if you list now. With an average market time over 100 days - you'll need to list your home soon to make sure it closes before the holidays!

Detached Single
Bedrooms# Sold% SoldAvg LP (Sold)Avg SPSP:LP RatioAvg MT (Sold)Avg LP (Unsold)% Expd
33100%$176,200$172,13398%100 0%
42100%$174,900$165,15094%124 0%

Although 5 homes sold in Boulder Hill, there are currently 65 homes for sale - 8 of those currently under contract. The average List price is just over $181,000 with the average sold price just over $177,00. Compared to the same time last year - 13 homes sold with an average sales price just over $200,000. That's an average price drop of $23,000!

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