Thursday 26 July 2018

Mchenry Real Estate Market Update July 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 5.38 months supply of inventory on the market in Mchenry on July 31, 2018.


Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Mchenry last month was 54 days.
It took on average 27 days to sell Mchenry Condo, Townhouse or a Duplex.
The number of home sales in Mchenry from June 1, 2018 through June 30, 2018 was 87 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 $99/Sq.Ft, which is 0% an increase from last month.


In Mchenry there were 21 units sold in June in the price range between $78,500 – $148,809 with an average of 2.7 bedrooms and 1.4 bathrooms and average Square footage of 1,151SF.
In Mchenry there were 63 units sold in June in the price range between $148,810 – $484,558 with an average of 3.3 bedrooms and 2.2 bathrooms and average Square footage of 2,061SF.
In Mchenry there were 3 units sold in June in the price range between $484,559 – $750,000 with an average of 5.3 bedrooms and 5.5 bathrooms and average Square footage of 8,705SF.
The low price range had the most activity. Homes up to $148,809 were on the market on average 62 days and sold an average of $125,044.

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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