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Washington

 Market Report

2020


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Market Update Washington IL 2020

The Knell Group
Oct 14 2 minutes read

If you’re thinking about selling your home in Washington, it's important to have a good understanding of what’s going on in our local market.

Knowing the most important data such as the average sales price, number of homes sold, and days on market will better prepare you to sell your home.

Our market report showcases everything you need to know about local real estate trends in Washington for 2020.

 

377

New Listings in 2020

60

Active Listings


44

Under Contract


375

Closed Sales since 1/1/20

 

$178,974

Avg. Sales Price

38

Avg. Days on Market

1.2

Months of Supply


Homes Sold

98%

Sale-to-List Price


What does this mean for you? NOW is a GREAT time to SELL! Inventory is low, homes are selling faster and for more money. Stats from the same time in 2019 saw an average days on market of 75 with an average sales price of $171, 575. So in a year, homes are selling on average 37 days faster and for nearly $7,400!  

Curious about what
your home is worth now?

We're able to explain what these numbers mean for you and your home's current market value. 

*Stats provided by PAAR MLS. Avg. Sales $, DOM, Month Supply based on sales from 9/1/20-10/14/20, Washington H.S. detached single family homes. Months supply is last 60 days.  2019 stats from time period of 9/14/19-10/14/19.  

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