Monday 28 May 2018

Vernon Hills Real Estate Market Update May 2018


Real Estate In Vernon Hills is a sellers’ market with low inventory of homes in Vernon Hills and a lot of buyer interest. There is a 4.92 months supply of inventory on the market in Vernon Hills on May 31, 2018.


Now is the Time to Buy!
The average market time for a Single Family Homes to sell in Vernon Hills last month was 51 days.
It took on average 13 days to sell Vernon Hills Condo, Townhouse or a Duplex.
The number of home sales in Vernon Hills from April 1, 2018 through April 30, 2018 was 46 units. That is 1% above the number of homes sold last month in Vernon Hills.
The average price per square foot in the area is now $147/Sq.Ft, which is 8% an increase from last month.


In Vernon Hills there were 15 units sold in April in the price range between $131,000 – $241,129 with an average of 2.4 bedrooms and 1.5 bathrooms and average Square footage of 1,153SF.
In Vernon Hills there were 29 units sold in April in the price range between $241,130 – $688,128 with an average of 3.7 bedrooms and 2.3 bathrooms and average Square footage of 2,397SF.
In Vernon Hills there were 2 units sold in April in the price range between $688,129 – $1,025,000 with an average of 4.5 bedrooms and 5.2 bathrooms and average Square footage of 7,616SF.
The low price range had the most activity. Homes up to $241,129 were on the market on average 17 days and sold an average of $172,000.

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

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