Friday 29 June 2018

Mount Prospect Real Estate Market Update June 2018



Real Estate In Mount Prospect is a balanced market favoring buyers. There is significant amount of homes for sale in Mount Prospect, and buyers are not in a rush to buy yet. There is a 6.5 months supply of inventory on the market in Mount Prospect on June 30, 2018.


Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Mount Prospect last month was 27 days.
It took on average 22 days to sell Mount Prospect Condo, Townhouse or a Duplex.
The number of home sales in Mount Prospect from May 1, 2018 through May 31, 2018 was 82 units. That is 1% above the number of homes sold last month in Mount Prospect.
The average price per square foot in the area is now $159/Sq.Ft, which is 0% an increase from last month.


In Mount Prospect there were 16 units sold in May in the price range between $95,000 – $200,797 with an average of 2.1 bedrooms and 1.6 bathrooms and average Square footage of 1,205SF.
In Mount Prospect there were 60 units sold in May in the price range between $200,798 – $487,796 with an average of 3.1 bedrooms and 1.9 bathrooms and average Square footage of 1,665SF.
In Mount Prospect there were 6 units sold in May in the price range between $487,797 – $669,000 with an average of 4.3 bedrooms and 2.7 bathrooms and average Square footage of 2,696SF.
The low price range had the most activity. Homes up to $200,797 were on the market on average 22 days and sold an average of $146,328.

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

No comments:

Post a Comment