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End of Year Housing Market Update for Champaign County!

by Rose Price

The new year has begun, giving us time to reflect on 2017. The stats for the housing market throughout Champaign County are in! November 2017 saw many changes in pricing and closed sales compared to the previous year. As the market progresses, it will be interesting to see what happens in 2018. The one thing you can be sure of....we will be here to up date you along the way!

 

Champaign County saw a 3.97% increase in average home sale price in November 2017 compared to November 2016, at $171,759 this year compared to $165,361. The  average home sale price year-to-date through November 2017 reached $174,796, which is a 2.45% increase from this period in 2016. The median home sale price (i.e. the typical market price where half the homes sell for more and half for less) for single family homes and condominiums was down 0.64% from $139,900 in November 2016 to $139,000 in November 2017. However, in terms of year-to-date through November 2017, the median home sale price in November of 2017 was up 3.45% at $150,000.

 

While sale prices increased, the total number of sales decreased. November 2017 saw 171 sales, down 19.72% from November 2016 at 213. The year-to-date sales through November 2017 was down 4.45% from last year. The communities of Mahomet and Monticello saw more homes sold in November of this year, as compared to contrast. Champaign, Savoy, and Urbana all experienced a decrease in sales. Homes sold in November stayed on the market for an average of 84 days, an increase up from 79 days during November 2016.

 

These discrepancies between November 2016 and November 2017 are not all that surprising. November 2016 experienced an unusual 10 year high sales boom. Demand for homes, especially amongst first time home buyers, continues to increase. The supply of home continues to have a hard time keeping up. And, although increased sale prices are good news for sellers, it makes it more difficult for buyers to find homes within their price range.  

 

2018 will continue to see higher prices as well as higher interest rates. If you need help navigating these changes within the Champaign County real estate market, work with an Experienced Realtor that can help you find your dream home at the perfect price! Winter continues to be a good time for buyers as competition decreases and sellers are more eager to close. So do not hesitate and take advantage of this down season!

 

If you are interested in Buying or Selling your Champaign County home this fall, give Champaign Rose a call today or visit my website at http://www.champaignrose.com/.

 

 

Information from Champaign County Association of REALTORS®

 

Champaign County Area Restaurant Week is Fast Approaching!

by Rose Price

Mark your calendars for the 2nd annual Champaign County Area Restaurant Week!! Explore the best culinary delights Champaign County has to offer from during Friday, January 26th, through Saturday, January 3rd. Discover the best restaurants in communities all over Champaign County. Participating restaurants will be offering special deals all week long! Enjoy special prix-fixe menus for lunch and dinner from $9 to $39. All you need to do is ask your server for the special restaurant week menu! During the week, share your mouthwatering pictures with #CCRestaurantWeek to win a $100 gift certificate to the restaurant of your choice. Check out the list of participating restaurants below! Come discover some delicious new meals at one of these awesome Champaign County restaurants! Restaurant Week Menus are now available so start planning your culinary adventure!

 

Participating Restaurants

Baxter's American Grille | 100 Trade Center Drive, Champaign

Biaggi's Ristorante Italiano | 2235 South Neil Street, Champaign

The Bread Company | 706 South Goodwin Avenue, Urbana

C & C Kitchen | 107 East Sangamon Avenue, Rantoul

Crane Alley | 115 West Main Street, Urbana

The Dancing Dog Eatery & Juicery | 126 West Main Street, Urbana

Hamilton Walker's | 201 North Neil Street, Champaign

Houlihan’s | 1902 South First Street, Champaign

JT Walker's | 401 East Main Street, Mahomet

Kohinoor Indian Restaurant & Lounge | 6 East Columbia Avenue, Champaign

Miga | 301 North Neil Street, Champaign

Monarch Brewing Company | 212 South Independence Street, Monticello

Nando Milano Trattoria | 204 North Neil Street, Champaign

Pizzeria Antica | 10 East Chester Street, Champaign

Project 47 Smokehouse | 101 West Lombard Street, Mahomet

Radio Maria | 119 North Walnut Street, Champaign

Scotty’s Brewhouse | 2001 South Neil Street, Champaign

Silvercreek Restaurant | 402 North Race Street, Urbana

Sun Singer Wine & Spirits | 1115 West Windsor Road, Champaign

V. Picasso | 112 North Neil Street, Champaign

Watson's Shack & Rail | 211 North Neil, Champaign

The WheelHouse | 109 North Main Street, St. Joseph


 

Rose Price wishes you happy dining throughout Champaign County!



Image Credit: Visit Champaign County

Our pets are part of the family and as such need the same care and concern as we all do during the frigid winter months.  Here are some excellent tips to keep your pet safe, secure and warm:

1. Never leave your pets outdoors for very long during freezing temperatures;  A short walk to do their business or a quick jog in the backyard.

2. After a walk, make sure to wipe down your pets paws, legs and underbelly for any salt pellets or deicing chemicals that could have attached.  These can cause great damage, especially in their paws.

3. Dress up your pup!  If your dog is amenable to wearing clothes dress them in a winter jacket and paw booties to protect them when they do need to be outside.

4. Many dogs are lost during the winter months.  Make sure you have your pet collared with contact info and if possible, a microchip implanted.

5. Always check your pups paws for signs of cold weather damage such as cracked paws or bleeding pads.  If you find this has happened, make a vet appointment immediately.

6. Pets should not be left unattended in a car during the cold winter months, just as they should not be left in a car during the hot summer.  Temperatures in a vehicle will plummet quickly in this weather.

7. Keep antifreeze and other winter chemicals away from and cleaned up so your pets do not come in contact with them  These poisonous chemicals can cause a fatal reaction.

8.  Dogs love to snuggle and be warm when they are sleeping or resting.  Give them additional options for warmth during the winter.

For more winter weather tips follow me on my Facebook page.

Winter Fun in Champaign/Urbana!

by Rose Price

The weather in Champaign/Urbana has been freezing! Beat the cold weather blues and appreciate the stunning winter wonderland in our area by checking out these upcoming outdoor events for some great family fun in our area!


 

The Wonders of Winter: Winter Drop-In Event

Date: Friday, January 12th

Time: 12:00 pm - 4:00 pm

Location: Homer Lake Forest Preserve (2573 South Homer Lake Road, Homer)

Learn what the animals are up to doing the winter months. Look for animal tracks, learn which ones are hibernating, create a craft, and warm up with some hot chocolate. This is a fun event for all ages. Call (217) 896-2455 or email jwick@ccfpd.org for more information.

 

MPRD Skate on Main

Dates: Friday, January 12th - Saturday, January 13th

Times: 4:00 pm - 9:00 pm (Friday) | 12:00 pm - 9:00 pm (Saturday)

Location: Downtown Mahomet (Main Street, Mahomet)

Head to beautiful downtown Mahomet for some ice skating fun. Sponsored by YoYo's Frozen Yogurt, this event will feature a 40x48 foot synthetic ice rink on Main Street between the Village Administrative office and Cornbelt Fire Protection District. Along with skating, enjoy Disney characters, music, food trucks, fire pit, and more family fun. The cost is $9 per person.

 

Night at the Museum: Polar Party

Date: Saturday, January 13th

Time: 5:00 pm - 8:00 pm

Location: Orpheum Children's Science Museum (346 North Neil Street, Champaign)

Drop off your children (ages 4-12) for a night at the museum. Children can check out their favorite exhibits and learn about the penguins, polar bears, and the polar world. A pizza dinner is included. The cost is $25 per child and $20 for museum members. Register HERE.

 

Frozen 5K

Date: Saturday, January 20th

Time: 9:00 am - 11:00 am

Location: Hessel Park (1400 Grandview Drive, Champaign)

Stay fit and explore 3 beautiful community parks during this new winter run. Awesome winter gear will be provided for participants who register before January 6th. The cost to participate is $20 for residents and $30 for non-residents. Register HERE.

 

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