Rockford Real Estate New Home Construction 2017

Another bright spot in the local housing market was new home construction. Rockford Real Estate can report a total of 141 new construction listings hit the Rockford market in 2017, a 72% increase from 82 new construction listings in 2016. Likewise, 68 new home builds were sold in 2017, 83% higher than 47 new home builds sold in 2016. This was the highest number of new construction sales since 2010, when 193 new homes were sold.