Mount Prospect Real Estate Market Update March 2018

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Mount Prospect Real Estate Market Update March 2018

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Real Estate In Mount Prospect is a sellers’ market with low inventory of homes in Mount Prospect and a lot of buyer interest. There is a 4.68 months supply of inventory on the market in Mount Prospect on March 31, 2018.

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Now is the Time to Sell! The average market time for a Single Family Homes to sell in Mount Prospect last month was 50 days. It took on average 79 days to sell Mount Prospect Condo, Townhouse or a Duplex. The number of home sales in Mount Prospect from February 1, 2018 through February 28, 2018 was 30 units. That is 1% above the number of homes sold last month in Mount Prospect. The average price per square foot in the area is now $151/Sq.Ft, which is 2% a decline from last month.

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In Mount Prospect there were 5 units sold in February in the price range between $85,100 – $180,867 with an average of 1.4 bedrooms and 1.4 bathrooms and average Square footage of 944SF. In Mount Prospect there were 18 units sold in February in the price range between $180,868 – $360,816 with an average of 2.9 bedrooms and 1.8 bathrooms and average Square footage of 1,440SF. In Mount Prospect there were 7 units sold in February in the price range between $360,817 – $445,000 with an average of 3.6 bedrooms and 2.8 bathrooms and average Square footage of 2,099SF. The middle price range had the most activity. Homes up to $360,816 were on the market on average 46 days and sold an average of $273,500.

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

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

Summary: Real Estate In Mount Prospect is a sellers’ market with low inventory of homes in Mount Prospect and a lot of buyer interest. There is a 4.68 months supply of inventory on the market in Mount Prospect on March 31, 2018. Now is the Time to Sell! The average market time for a Single Family Homes to sell in Mount Prospect last month was 50 days. It took on average 79 days to sell Mount Prospect Condo, Townhouse or a Duplex. The number of home sales in Mount Prospect from February 1, 2018 through February 28, 2018 was 30 units. That is 1% above the number of homes sold last month in Mount Prospect. The average price per square foot in the area is now $151/Sq.Ft, which is 2% a decline from last month.

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