Rockford Home Sales Up 15.7% in November

Posted: Thu 11:27 PM, Dec 06, 2012

ROCKFORD (WIFR) -- Rockford's Area Realtors' outlook is getting better and better by the month.

The average inventory of homes is at its lowest level in 7 years. In November realtors moved just over 300 properties, that's up 15% from last year. The only not-so-good news is that the average price of homes fell to just under a $100,000. But one of the nation's biggest analytics firms says that's a trend to be expected and prices will probably continue to fall through June.

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