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Elk Grove Village Real Estate Market Update September 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 5.03 months supply of inventory on the market in Elk Grove Village on September 30, 2018.

BARRINGTON, Ill. - Sept. 22, 2018 - eTradeWire -- Real Estate In Elk Grove Village (https://propertyup.com/realestate/elk+grove+villa...) is a sellers' market with low inventory of homes in Elk Grove Village (https://propertyup.com/sale/house-elk+grove+villa...) and a lot of buyer interest. There is a 5.03 months supply of inventory on the market in Elk Grove Village (https://propertyup.com/sale/elk+grove+village,ill...) on September 30, 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 (https://propertyup.com/sale/house-elk+grove+villa...) last month was 31 days.
It took on average 37 days to sell Elk Grove Village Condo (https://propertyup.com/sale/condos-elk+grove+vill...), Townhouse or a Duplex.
The number of home sales in Elk Grove Village from August 1, 2018 through August 31, 2018 was 47 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 $143/Sq.Ft, which is 51% an increase from last month.

In Elk Grove Village there were 10 units sold in August in the price range between $90,000 – $169,579 with an average of 1.7 bedrooms and 1.2 bathrooms and average Square footage of 1,031SF.

In Elk Grove Village there were 33 units sold in August in the price range between $169,580 – $402,078 with an average of 3 bedrooms and 1.8 bathrooms and average Square footage of 1,588SF.

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In Elk Grove Village there were 4 units sold in August in the price range between $402,079 – $555,000 with an average of 4 bedrooms and 2.4 bathrooms and average Square footage of 3,173SF.

The low price range had the most activity. Homes up to $169,579 were on the market on average 68 days and sold an average of $131,600.

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

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John Herman
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Source: PropertyUp Inc.
Filed Under: Real Estate

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