Washington IL Real Estate Market Update
February 2021

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 (02/01/2021) 42 properties for sale. The average days on market is 69 and the median days on market is 36 days. The average list price is $221,645 and the median asking price is $187,450.

Washington homes that sold within the past 6 months

There have been 256 properties that have sold and closed within the last six months. The average original asking price was $197,245 and the final asking price (after price reductions) was $191,285. The average sales price was $186,940 so the final list price to sales price ratio was 98%. The median original asking price was $167,250 and the final median asking price was $165,250. The median sale price was $163,400 so the final median asking price to sales price ration was 99%.

The average days on market for sold properties was 45 days and the median days on market for sold properties was 17 days.

Washington homes that did not sell

There were 37 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.

Active Listings

42

Average Asking Price

$221,645

Median Asking Price

$187,450

Average Sold Price

$186,940

Median Sold Price

$163,400

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:

  • How quickly or slowly are homes selling?
  •  Is it a buyer's or sellers' market?
  •  What's the supply vs. the demand?
  • What % of homes sell vs don't sell?
  • What price ranges are selling the best and the worst?
  • How close to asking price are homes selling?
  • Are prices trending up or down?

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.