Welcome to our latest market breakdown covering the local housing sector, where real estate trends shift rapidly week by week. In this edition, we analyze the official figures for Lee County and Whiteside, highlighting key transactions and property valuations.
During the busy week spanning from August 24 to 30, a total of 37 residential real estate sales were officially registered. Evaluating these metrics helps buyers and sellers navigate the local economy effectively.
Understanding Regional Market Metrics
Market dynamics can vary significantly depending on the neighborhood and structural style of the properties available. For deeper insights into localized trends, many buyers explore our detailed regional architecture resources.
The overall market during this period averaged a robust home price of $154,422 across all recorded transactions. Furthermore, the average price settled right at $124 per square foot for participating buyers.
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Top Residential Transactions
High-value properties often dictate the upper limits of neighborhood valuation and architectural prestige. Examining these high-end sales gives us a clearer picture of buyer demand in prime locations.
Securing the top spot on the list was a single-family home located at 12674 Lawrence Road in Sterling, which sold for a remarkable $440,000. Meanwhile, ranking second was an 1,806-square-foot residence at 300 Fieldstone Lane in Dixon, fetching $340,000.
Mid-Range Sales and Notable Ties
Mid-tier properties often represent the core heartbeat of suburban and rural community expansion. If you enjoy studying the structural evolution of these homes, browse our curated collection of architecture articles for expert commentary.
Two properties interestingly tied for the third position at $280,000 each this week. These included a home on Folker Road in Morrison and another on Golfview Court in Erie.
Coming in closely behind at fifth place was a single-family home at 3603 14th Avenue in Sterling, commanding a solid price of $270,000. The sixth highest transaction involved a spacious 2,214-square-foot house at 807 East Fellows Street in Dixon that sold for $266,000.
Closing Out the Top Ten Sales
Rounding out the upper tier of transactions reveals a diverse mix of suburban and rural choices. Property hunters often utilize our informational guides to better understand closing procedures.
At seventh place, a property at 14755 Fenton Road in Morrison changed hands for $260,000. Additionally, a compact 576-square-foot rural residence located at 1210 Steward Road in Steward ranked eighth, bringing in $227,000.
Finally, rounding out the top ten were homes located on Terra Vista Drive in Rock Falls for $201,500 and Bertha Drive in Rock Falls for $200,000, respectively. These figures close out another active week of regional real estate movement.
Here is the source article for this story: How much were the top 10 most expensive home sales in Lee County / Whiteside, Aug. 24 to 30?
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