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Elk Grove Village Real Estate Market Update March 2018

Real Estate In Elk Grove Village is a sellers' market with low inventory of homes in Elk Grove Village and a lot of buyer interest. There is a 3.7 months supply of inventory on the market in Elk Grove Village on March 31, 2018.

BARRINGTON, Ill. - March 21, 2018 - Rezul -- Real Estate In Elk Grove Village (http://propertyup.com/realestate/elk+grove+village,il...) is a sellers' market with low inventory of homes in Elk Grove Village (http://propertyup.com/sale/house-elk+grove+village,il...) and a lot of buyer interest. There is a 3.7 months supply of inventory on the market in Elk Grove Village (http://propertyup.com/sale/elk+grove+village,illinois) on March 31, 2018.

Now is the Time to Sell!

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The average market time for a Single Family Homes to sell in Elk Grove Village (http://propertyup.com/sale/house-elk+grove+village,il...) last month was 38 days.
It took on average 42 days to sell Elk Grove Village Condo (http://propertyup.com/sale/condos-elk+grove+village,i...), Townhouse or a Duplex.
The number of home sales in Elk Grove Village from February 1, 2018 through February 28, 2018 was 23 units. That is 1% above the number of homes sold last month in Elk Grove Village.

The average price per square foot in the area is now $132/Sq.Ft, which is 6% a decline from last month.

In Elk Grove Village there were 3 units sold in February in the price range between $81,000 – $150,348 with an average of 1.7 bedrooms and 1.3 bathrooms and average Square footage of 1,000SF.

In Elk Grove Village there were 15 units sold in February in the price range between $150,349 – $278,597 with an average of 2.9 bedrooms and 1.7 bathrooms and average Square footage of 1,314SF.

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In Elk Grove Village there were 5 units sold in February in the price range between $278,598 – $337,500 with an average of 3.4 bedrooms and 2.1 bathrooms and average Square footage of 1,845SF.

The middle price range had the most activity. Homes up to $278,597 were on the market on average 29 days and sold an average of $217,533.

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 Elk Grove Village (http://propertyup.com/realestate/elk+grove+village,illinois). Search all Elk Grove Village homes for Sale (http://propertyup.com/sale/elk+grove+village,illinois) on propertyup.comIf you are considering viewing Elk Grove Village (http://propertyup.com/sale/elk+grove+village,illinois), you may want to do so now!

Contact
John Herman
***@idxm.com


Source: PropertyUp Inc.

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