Real Estate In Elgin is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.27 months supply of inventory on the market in Elgin on July 31, 2018.
Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Elgin last month was 34 days.
It took on average 36 days to sell Elgin Condo, Townhouse or a Duplex.
The number of home sales in Elgin from June 1, 2018 through June 30, 2018 was 143 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 June 1, 2018 through June 30, 2018 was 143 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 $109/Sq.Ft, which is 100% a decline from last month.
In Elgin there were 25 units sold in June in the price range between $79,000 – $155,876 with an average of 2.5 bedrooms and 1.5 bathrooms and average Square footage of 1,236SF.
In Elgin there were 107 units sold in June in the price range between $155,877 – $378,875 with an average of 3.1 bedrooms and 2.1 bathrooms and average Square footage of 1,950SF.
In Elgin there were 11 units sold in June in the price range between $378,876 – $525,000 with an average of 4.5 bedrooms and 2.9 bathrooms and average Square footage of 3,172SF.
The low price range had the most activity. Homes up to $155,876 were on the market on average 34 days and sold an average of $130,929.
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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