February Market Update: Bartonville

In February the average days on market for all homes in Bartonville remained consistent with February 2021, while the number of active homes in Bartonville decreased by 55% down to just 9 homes on the market.

The number of showings per listing in February rose slightly over last year to 6.7. This indicates there is a more active buyer pool over last year which could be linked to rising interest rates. The average showings till a property is under contract dropped by 59% over February 2021 which indicates that days on market may be trending even lower heading into March.

Pending sales in Bartonville are down 50% over last year while closed sales were down 28.6%. These are a direct result of the lack of housing inventory in Bartonville as is the case in all surrounding communities.