Homes selling for more money in Rockford - WREX.com – Rockford’s News Leader

Homes selling for more money in Rockford

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ROCKFORD (WREX) -

Rockford houses are selling for more money than they have in years.

The average sale price last month was more than $133,000. The most in about six years. Experts say increased competition for homes that are priced well and move-in ready continue to drive prices up.   And average prices have grown for 20 months straight. Rockford .

Area realtors say it's a trend that isn't slowing down

"If you really want to predict where's the market leaning? It's definitely leaning towards the seller," said Steve Bois with Rockford Area Realtors. "Move-in ready at the right price point are receiving multiple offers."

Local realtors sold 463 homes in June, the largest monthly number in the last 11 years.

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