Coal City

How long does it take to sell a 4 (or 4+) bedroom house in Coal City, Diamond, Carbon Hill? Not as long as it used to!

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Piggybacking off yesterday’s price per square feet post (and subsequent statistics for Braidwood), I thought we’d take a #Staturday look at the same thing in Coal City.

In the last year of Coal City single family homes, the average price per (reported*) square foot was $91.96 with a median of $93.10.

*Please note- of the 90 such houses to close, 19 (21%) failed to report the home’s square footage on the listing.

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Someone at the office asked me to show them what single family housing has done each month this year. If I can show co-workers, why would I keep it from my loyal readers?

Of course, in a small sample size like this, the numbers are going to jump around. But knowledge is power, and knowing is half the battle, right?

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I just closed on a house on Pheasant Lane in Coal City that made my seller a good amount of money on a property she owned for 21 months. Here’s what the inventory is looking like for single family homes 3 bedroom and more in Coal City/ Diamond.

In the past 12 months…..

  • 3 bedroom houses are down 22.2%
  • 4+ bedroom houses are down 19.4%
  • ALL bedrooms are down 19.6%

The buyers market is evaporating!

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In the last year, Coal Cit/Diamond/Carbon Hill sales are up 35.3% That’s great news…..we’re selling more properties!

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Congrats, Warriors

October 6, 2013

The Coal City Warriors baseball team won the 3A state baseball championship on a day that rained here at Octoberfest, but was clear and wonderful in Peoria! Congrats to all the Warriors. Play of the Championship Game

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Second Agent Advantage

September 24, 2013

In real estate, we often say it pays to be the 2nd agent through the door. This means, it’s often better to be not the first agent a house is listed with, but the second after the initial listing does not produce a sale. I had sellers of mine inform me that they were going [...]

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BNSF Train

September 18, 2013
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For Sale: 65 E. Third Street, Coal City

August 9, 2013

Cute as a button three bedroom, bath and a half split level with hardwood floors, large eat-in kitchen, two car garage, deep lot, 12×12 shelved shed, patio, walking distance to schools, park and shopping (location, location, location!). Same size lot to the west is open and won’t be built upon. Own this home for far [...]

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