Karen Pioch

Davis, IL 61019

Single-Family Homes

Licensed Realtor, Greater Chicagoland and Lake Summerset Expert



Davis, IL 61019

Fri Feb 28 2020
This week the median list price for Davis, IL 61019 is $183,900 with the market action index hovering around 30. This is less than last month's market action index of 33. Inventory has held steady at or around 30. Click here to stay informed with the Davis market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling in recent weeks. Since this is a Buyer's market where there is excess inventory to satisfy the demand levels, prices have also been moving lower.

Davis, IL 61019

Fri Feb 28 2020
This week the median list price for Davis, IL 61019 is $183,900 with the market action index hovering around 30. This is less than last month's market action index of 33. Inventory has held steady at or around 30. Click here to stay informed with the Davis market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling in recent weeks. Since this is a Buyer's market where there is excess inventory to satisfy the demand levels, prices have also been moving lower.

Real-Time Market Profile

Never miss important changes in the Davis market.
Median List Price $183,900
Per Square Foot $91
Days on Market 91
Price Decreased 27%
Price Increased 0%
Relisted 23%
Inventory 30
Median Rent
Most Expensive $649,900
Least Expensive $69,900
Market Action 30
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$295,000 2,330 0.25 - 0.5 acre 4 2 39 0 1 209
$199,900 1,788 0.25 - 0.5 acre 3 3 23 0 0 64
$165,950 1,776 0.25 - 0.5 acre 3 2 24 0 0 63
$114,450 1,485 0.25 - 0.5 acre 3 2 43 0 1 38