Catching up on Peoria sales data for July

Let’s see how things are doing in July. This data is comprised of the most current available data, which is July 2016. The Aug numbers won’t be out for about 2 weeks, but let’s see where things stand so far.

With Peoria being the largest city in the central Illinois area, the data holds a lot more home numbers than the smaller communities that surround it. As such, the percentage swings aren’t as wild.

July saw a decrease for the month in homes for sale,down 15.6%. Sales were down 19%, and the average sale price was down 8.3% to $136K. The average days on market was up…from 644 days to 72 days, which amounted to +12.5%.

That data was for July 2016 compared to July 2015.

Year to date stats, for the period 1/1/2015 through to July 31st, 2015, and the same period for 2016, shows that new listings in Peoria were down 1.3%, sales were down 1.4%, and days on market were up 3.7% from 82 to 85 days on average.

Be sure to check back soon as we will be updating with the August numbers as soon as they come out.

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