Real Estate In Elgin is a sellers’ market with low inventory of homes in Elgin and a lot of buyer interest. There is a 3.72 months supply of inventory on the market in Elgin on March 31, 2018.
Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Elgin last month was 54 days.
It took on average 44 days to sell Elgin Condo, Townhouse or a Duplex.
The number of home sales in Elgin from February 1, 2018 through February 28, 2018 was 67 units. That is 1% above the number of homes sold last month in Elgin.
It took on average 44 days to sell Elgin Condo, Townhouse or a Duplex.
The number of home sales in Elgin from February 1, 2018 through February 28, 2018 was 67 units. That is 1% above the number of homes sold last month in Elgin.
The average price per square foot in the area is now $93/Sq.Ft, which is 5% a decline from last month.
In Elgin there were 7 units sold in February in the price range between $29,000 – $111,819 with an average of 3 bedrooms and 1.9 bathrooms and average Square footage of 1,617SF.
In Elgin there were 54 units sold in February in the price range between $111,820 – $322,318 with an average of 3.1 bedrooms and 1.8 bathrooms and average Square footage of 1,654SF.
In Elgin there were 6 units sold in February in the price range between $322,319 – $450,000 with an average of 3.3 bedrooms and 2.5 bathrooms and average Square footage of 2,437SF.
The low price range had the most activity. Homes up to $111,819 were on the market on average 40 days and sold an average of $85,371.
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 Elgin. Search all Elgin homes for Sale on propertyup.com If you are considering viewing Elgin, you may want to do so now!
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