July Market Update

If market reports are like a foreign language, you’re not alone. The good news? With just a few numbers, you can get the big picture — no real estate license required.

July 2025 — Champaign County Snapshot

Closed Sales → How many homes sold that month. July’s 241 sales show steady summer activity — fewer than peak pandemic years, but still healthy.

Average Market Time → How quickly homes go from “For Sale” to “Sold.” At 33 days, July homes moved at a good pace — fast enough to keep sellers happy, but with some breathing room for buyers.

Homes for Sale → How many listings are available. With 264 homes on the market, inventory is still lower than pre-2020, keeping competition steady.

Average Sales Price → The average price of all homes sold. July’s $288,200 reflects a market that’s held onto its gains from the past few years.

Why this matters:
These four numbers together tell the story how busy the market is, how fast it’s moving, what homes are selling for, and how many are out there. Tracking them month-to-month helps you spot trends and make smarter decisions whether you’re buying, selling, or just curious.