This is a market update for the Rockford area real estate market.  This market update uses information gathered on 8/12/2010 directly from the Rockford MLS for both single family and townhome listings.

Active Single Family Home Statistics;

• 27 for sale
• $219,866 average asking price
• 198 days on market on average
• 4bed on average
• 3 bath on average
• 1994 built on average
• 2,240 finished square feet on average

Townhome Statistics (Active):

• 15 for sale
• $157,433 average asking price
• 384 days on market on average
• 3 bed on average
• 2 bath on average
• 2005 built on average
• 1,694 finished square feet on average

SOLD Single Family Homes From 01/10 – 08/10:

• 24 sold
• $213,610 average asking price
• $209,263 average selling price
• 184 days on market on average
• 4 bed on average
• 3 bath on average
• 1994 built on average
• 2,260 finished square feet on average

If you have any questions about the Rockford real estate market or your home in Rockford feel free to contact Derrick Monroe anytime at 612-282-7653 or Derrick@DerrickMonroe.com or stop by our office at 8010 Hwy 55 Rockford.