Savoy currently has 25 single family homes for sale with an average list price of $486,114, 5 condos for sale with an average list price of $217,680, and 4 lots for sale with an average list price of $492,250. The average annual property tax for Savoy is $5,377.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Savoy, i.e. what's hot and what's not.
See What's Hot & What's Not in SavoySavoy home sales for the month of October rose in volume by 20% when compared to last year, while the median sale price decreased by 10.5% from $327,500 to $293,000. House sales rose by 37.5%, while the median sale price decreased by 16.3% from $352,500 to $295,000. Condo sales stayed the same, while the median sale price decreased by 39% from $209,900 to $128,000.
153
|
146
|
139
|
102
|
2020 | 2021 | 2022 | 2023 |
# of sales per year |
$269,900
|
$300,444
|
$355,000
|
$376,500
|
2020 | 2021 | 2022 | 2023 |
median sale price per year |
HomesByMarco agents are experts in the area. If you're looking to buy or sell a home, give us a call today at 888-326-2726.