Friday 29 June 2018

Mchenry Real Estate Market Update June 2018



Real Estate In Mchenry is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.2 months supply of inventory on the market in Mchenry on June 30, 2018.


Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Mchenry last month was 49 days.
It took on average 25 days to sell Mchenry Condo, Townhouse or a Duplex.
The number of home sales in Mchenry from May 1, 2018 through May 31, 2018 was 93 units. That is 1% above the number of homes sold last month in Mchenry.
The average price per square foot in the area is now $96/Sq.Ft, which is 2% an increase from last month.


In Mchenry there were 18 units sold in May in the price range between $63,000 – $136,300 with an average of 2.4 bedrooms and 1.5 bathrooms and average Square footage of 1,148SF.
In Mchenry there were 71 units sold in May in the price range between $136,301 – $369,799 with an average of 3.3 bedrooms and 2.1 bathrooms and average Square footage of 1,980SF.
In Mchenry there were 4 units sold in May in the price range between $369,800 – $530,000 with an average of 4.8 bedrooms and 3.1 bathrooms and average Square footage of 3,527SF.
The low price range had the most activity. Homes up to $136,300 were on the market on average 36 days and sold an average of $120,338.

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

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