Turnberry Ridge Subdivision, Champaign, IL - Real Estate Market Update
By Mark Waldhoff, GRI, CRS - Champaign/Urbana, IL
(Keller Williams Realty)
Turnberry Ridge Subdivision - Champaign, IL Turnberry Ridge Real Estate Market Update: The following data was compiled from the CCAR MLS as of 8/22/2008 Closed Sales of Single Family Homes Year Average List Price Average Sale Price Median List Price Average Days on Market # of Closed Sales List Price to Sale Price Ratio 2005 $209,042 $220,820 $229,900 50 15 98.2% 2006 $223,756 $217,725 $219,900 60 16 97.3% 2007 $224,509 $219,664 $229,900 40 11 97.8% 2008 Closed YTD $232,440 $222,500 $222,500 94 11 98.29 Similar to it's next door neighbor, Glenshire Subdivision, activity in Turnberry Ridge has picked up since our last market report. 5 home sales have closed since 5/23/08 bringing new neighbors and friends to the subdivision. The average days on market for a home has greatly extended f...
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