Tuesday 7 August 2018

Bartlett Real Estate Market Update August 2018



Real Estate In Bartlett is a sellers’ market with low inventory of homes in Bartlett and a lot of buyer interest. There is a 4.93 months supply of inventory on the market in Bartlett on August 31, 2018.


Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Bartlett last month was 40 days.
It took on average 27 days to sell Bartlett Condo, Townhouse or a Duplex.
The number of home sales in Bartlett from July 1, 2018 through July 31, 2018 was 76 units. That is 1% above the number of homes sold last month in Bartlett.
The average price per square foot in the area is now $127/Sq.Ft, which is 6% an increase from last month.


In Bartlett there were 10 units sold in July in the price range between $115,000 – $202,893 with an average of 2.5 bedrooms and 1.5 bathrooms and average Square footage of 1,224SF.
In Bartlett there were 60 units sold in July in the price range between $202,894 – $420,392 with an average of 3.4 bedrooms and 2.3 bathrooms and average Square footage of 2,176SF.
In Bartlett there were 6 units sold in July in the price range between $420,393 – $550,000 with an average of 4.3 bedrooms and 3.6 bathrooms and average Square footage of 4,702SF.
The low price range had the most activity. Homes up to $202,893 were on the market on average 14 days and sold an average of $152,940.

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

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