Let's take a look at the East Peoria IL real estate market trends over the past six months. This report consists of properties that are located in East Peoria High School District. It includes all residential properties including single family and single family attached properties but does not include lots.
East Peoria homes for sale
East Peoria homes that sold within the past 6 months
There have been 182 properties that have sold and closed within the last six months. The average original asking price was $135,473 and the final asking price (after price reductions) was $127,616. The average sales price was $122,410 so the final list price to sales price ratio was 96%. The median original asking price was $129,900 and the final median asking price was $122,450. The median sale price was $119,500 so the final median asking price to sales price ration was 98%.
The average days on market for sold properties was 94 days and the median days on market for sold properties was 70 days.
East Peoria homes that did not sell
There were 91 homes that were listed for sale that came off of the market without selling. Listings may fail to sell for many reasons such as being priced too high, having been inadequately marketed, the property was in poor condition, or perhaps the owner had second thoughts about selling at this particular time.
Average Asking Price$161,029
Median Asking Price$139,825
Average Sold Price$122,410
Median Sold Price$119,500
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