Arlington Heights Real Estate Market Update March 2018

Real Estate In Arlington Heights is a sellers’ market with low inventory of homes in Arlington Heights and a lot of buyer interest. There is a 4.29 months supply of inventory on the market in Arlington Heights on March 31, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Arlington Heights last month was 44 days.
It took on average 36 days to sell Arlington Heights Condo, Townhouse or a Duplex.
The number of home sales in Arlington Heights from February 1, 2018 through February 28, 2018 was 57 units. That is 1% above the number of homes sold last month in Arlington Heights.

The average price per square foot in the area is now $155/Sq.Ft, which is 11% an increase from last month.

In Arlington Heights there were 16 units sold in February in the price range between $75,000 – $201,218 with an average of 1.5 bedrooms and 1.4 bathrooms and average Square footage of 946SF.

In Arlington Heights there were 34 units sold in February in the price range between $201,219 – $528,717 with an average of 3.6 bedrooms and 2.1 bathrooms and average Square footage of 2,020SF.

In Arlington Heights there were 7 units sold in February in the price range between $528,718 – $730,000 with an average of 4.3 bedrooms and 2.7 bathrooms and average Square footage of 3,341SF.

The low price range had the most activity. Homes up to $201,218 were on the market on average 34 days and sold an average of $123,525.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Arlington Heights. Search all Arlington Heights homes for Sale on propertyup.com If you are considering viewing Arlington Heights, you may want to do so now!