Tuesday 24 April 2018

Buffalo Grove Real Estate Market Update April 2018



Real Estate In Buffalo Grove is a sellers’ market with low inventory of homes in Buffalo Grove and a lot of buyer interest. There is a 4.85 months supply of inventory on the market in Buffalo Grove on April 30, 2018.


Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Buffalo Grove last month was 46 days.
It took on average 23 days to sell Buffalo Grove Condo, Townhouse or a Duplex.
The number of home sales in Buffalo Grove from March 1, 2018 through March 31, 2018 was 48 units. That is 1% above the number of homes sold last month in Buffalo Grove.
The average price per square foot in the area is now $144/Sq.Ft, which is 13% an increase from last month.


In Buffalo Grove there were 9 units sold in March in the price range between $73,000 – $185,159 with an average of 1.8 bedrooms and 1.7 bathrooms and average Square footage of 1,133SF.
In Buffalo Grove there were 34 units sold in March in the price range between $185,160 – $466,158 with an average of 3.2 bedrooms and 2 bathrooms and average Square footage of 1,712SF.
In Buffalo Grove there were 5 units sold in March in the price range between $466,159 – $635,000 with an average of 4.6 bedrooms and 2.9 bathrooms and average Square footage of 3,778SF.
The low price range had the most activity. Homes up to $185,159 were on the market on average 36 days and sold an average of $132,864.

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 Buffalo Grove. Search all Buffalo Grove homes for Sale on propertyup.com If you are considering viewing Buffalo Grove, you may want to do so now!

No comments:

Post a Comment