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August Real Estate Report

September 8, 2022 at 3:46 pm mblagg1
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home-for-sale-real-estate-sign-and-beautiful-new-house

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.

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