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Elgin Real Estate Market Update September 2018

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 5.22 months supply of inventory on the market in Elgin on September 30, 2018.<br><br>Now is the Time to Sell!<br><br>The average market time for a Single Family Homes to sell in Elgin last month was 28 days.<br>It took on average 37 days to sell Elgin Condo, Townhouse or a Duplex.<br>The number of home sales in Elgin from August 1, 2018 through August 31, 2018 was 161 units. That is 1% above the number of homes sold last month in Elgin.<br><br>The average price per square foot in the area is now $103/Sq.Ft, which is 0% an increase from last month.

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Elgin Real Estate Market Update September 2018

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  1. Elgin Real Estate Market Update September 2018

  2. 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 5.22 months supply of inventory on the market in Elgin on September 30, 2018.

  3. Now is the Time to Sell! The average market time for a Single Family Homes to sell in Elgin last month was 28 days. It took on average 37 days to sell Elgin Condo, Townhouse or a Duplex. The number of home sales in Elgin from August 1, 2018 through August 31, 2018 was 161 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 $103/Sq.Ft, which is 0% an increase from last month.

  4. In Elgin there were 25 units sold in August in the price range between $81,500 – $148,136 with an average of 2.2 bedrooms and 1.6 bathrooms and average Square footage of 1,233SF. In Elgin there were 127 units sold in August in the price range between $148,137 – $354,885 with an average of 3.1 bedrooms and 2 bathrooms and average Square footage of 1,811SF. In Elgin there were 9 units sold in August in the price range between $354,886 – $495,000 with an average of 3.6 bedrooms and 2.9 bathrooms and average Square footage of 3,377SF. The low price range had the most activity. Homes up to $148,136 were on the market on average 30 days and sold an average of $124,461.

  5. 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!

  6. John Herman Property Up Inc. Call 847-847-4711 18-5 E Dundee Rd, Suite 200 Barrington, IL 60010

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