Real Estate In Elgin is a sellers’ market with low inventory of homes in Elgin and a lot of buyer interest. There is a 4.12 months supply of inventory on the market in Elgin on April 30, 2018.
Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Elgin last month was 49 days.
It took on average 36 days to sell Elgin Condo, Townhouse or a Duplex.
The number of home sales in Elgin from March 1, 2018 through March 31, 2018 was 126 units. That is 1% above the number of homes sold last month in Elgin.
It took on average 36 days to sell Elgin Condo, Townhouse or a Duplex.
The number of home sales in Elgin from March 1, 2018 through March 31, 2018 was 126 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 $101/Sq.Ft, which is 10% an increase from last month.
In Elgin there were 25 units sold in March in the price range between $75,000 – $143,304 with an average of 2.3 bedrooms and 1.5 bathrooms and average Square footage of 1,168SF.
In Elgin there were 87 units sold in March in the price range between $143,305 – $328,303 with an average of 3 bedrooms and 1.9 bathrooms and average Square footage of 1,770SF.
In Elgin there were 14 units sold in March in the price range between $328,304 – $445,000 with an average of 3.9 bedrooms and 2.3 bathrooms and average Square footage of 2,948SF.
The low price range had the most activity. Homes up to $143,304 were on the market on average 27 days and sold an average of $123,456.
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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