Here's a sobering statistic: for the second year in a row the Rockford market has experienced double-digit drops in average monthly inventory levels. In fact housing inventories have dropped the last five years in a row, starting in 2008. Last year's monthly housing level of 2,008 properties was the lowest monthly average in 11 years; an average 1,796 monthly homes were for sale in 2003.
Year Average Monthly Housing Inventory
2013 2,008
2012 2,468
2011 3,057
2010 3,285
2009 3,330
2008 3,357
2007 3,145
2006 2,629
2005 2,316
2004 2,037
2003 1,795
Dickerson & Nieman Realtors
6277 E. Riverside Blvd
Rockford, IL 61114
Phone: 815-227-5900
Email: Send Email
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