The Heartland Association of Realtors has released the real estate statistics for the month of August 2022. Among the highlights:
*** 45 homes sold in August 2022, 9.8% more than August 2021.
*** The median sales price was $199,500, 7.8% higher than August 2021.
*** The average number of days homes spent on the market was 54. That is 33 days fewer than August 2021.
*** Housing inventory is 2.9 months, 0.6 months more than August 2021.
*** Active number of listings is 121, up 37.5% over August 2021.
More information can be found at: www.heartland-realtors.com, under the “Market Reports” tab.