Let's take a look at the real estate trends in Washington IL over the past six months. This report consists of properties that are located in Washington High School District. It includes all residential properties including single family and single family attached properties but does not include lots.
Washington IL Real Estate - Homes for Sale
There are currently (06/01/2020) 93 properties for sale. The average days on market is 85 and the median days on market is 68 days. The average list price is $214,820 and the median asking price is $164,900.
Washington homes that sold within the past 6 months
There have been 173 properties that have sold and closed within the last six months. The average original asking price was $188,392 and the final asking price (after price reductions) was $181,820. The average sales price was $176,258 so the final list price to sales price ratio was 97%. The median original asking price was $159,900 and the final median asking price was $155,900. The median sale price was $150,500 so the final median asking price to sales price ration was 97%.
The average days on market for sold properties was 75 days and the median days on market for sold properties was 48 days.
Washington homes that did not sell
There were 76 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$214,820
Median Asking Price$164,900
Average Sold Price$176,258
Median Sold Price$150,500
Like this information but want more?
Keep your thumb on the pulse of the Washington Real Estate Market with our 7-page market trend updates. These comprehensive monthly reports break down everything you need to know about the Washington Real Estate Market.
Here are some of the questions that will be answered when you sign up for the Washington Housing Market Report:
If you are looking for a realtor in Washington IL, we would love to hear from you. Call us at (309) 693-1133 or Contact us here.