Scott Rodgers of Rodgers Real Estate Discusses Peoria Market Trends
Rodgers Real Estate Group founder Scott Rodgers discusses market trends of the Peoria, Illinois Real Estate Market.
Scott Rodgers began selling real estate in Peoria, Illinois, in 2001. His business grew rapidly and he quickly realized he would need an entire team if he were to continue to provide his clients with top-quality service. Rodgers now has a small group of high-level real estate agents who are currently ranked among the top one percent of all real estate agents worldwide. Rodgers recently shared a short video updating potential home buyers and sellers on the Peoria real estate market.
“The median sale price of 2015 is $132,129, slightly down from last year’s $133,618 average,” Rodgers explained. “Something to keep in mind is this is only a drop of $125. We are also down on number of homes sold in 2015 with 469 being sold compared to the 489 sold in 2014, an average of four percent.”
Rodgers also explained that the average days a home is on the market has improved since last year, with 97 days being the average in 2014 and 88 days being the current average in 2015, showing a nine percent improvement. Rodgers went on to explain the average number of properties for sale has decreased this year, but overall stayed about the same, with only a 36 home difference.
“30 year interest rates have also dropped quite a bit, actually 13.6 percent less than they were in 2014,” Rodgers said. “2015 is also seeing percentage decrease for 15 year interest rates at 10.6 percent less than 2014.”
Rodgers also offered market data covering areas separated by high school district. This data, as well as more information about Scott Rodgers and his real estate group, can be found on his website at http://www.rodgersrealestategroup.com/
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About Rodgers Real Estate Group: Scott Rodgers quickly found success when he started selling real estate in Peoria, Illinois back in 2001. He built his team in order to properly serve all his clients as his business grew and today employs an experienced team of professionals who specialize in the many aspects of the home buying and selling process.
For More Information:
Rodgers Real Estate Group
1605 W Candletree Dr #106
Peoria, IL 61614