Over the last 30 days, the sale of 24 homes took place in the Belvidere market. This shows a 7.7% dip from the prior period but the area remains on a new upward trend. Potential buyers should note that prices are coming down in Belvidere, and for this period the median sales price slid from $113,000 to $103,250. There are only two months of inventory available in Belvidere, so it's a definite seller's market, even with the decrease in sales.
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