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Elk Grove Village Real Estate Market Update August 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 4.57 months supply of inventory on the market in Elk Grove Village on August 31, 2018.<br><br>Now is the Time to Sell!<br><br>The average market time for a Single Family Homes to sell in Elk Grove Village last month was 21 days.<br>It took on average 17 days to sell Elk Grove Village Condo, Townhouse or a Duplex.<br>The number of home sales in Elk Grove Village from July 1, 2018 through July 31, 2018 was 41 units. That is 1% above the number of homes sold last month in Elk Grove Village.<br><br>The average price per square foot in the area is now $148/Sq.Ft, which is 2% a decline from last month.

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Elk Grove Village Real Estate Market Update August 2018

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  1. Elk Grove Village Real Estate Market Update August 2018

  2. 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 4.57 months supply of inventory on the market in Elk Grove Village on August 31, 2018.

  3. Now is the Time to Sell! The average market time for a Single Family Homes to sell in Elk Grove Village last month was 21 days.It took on average 17 days to sell Elk Grove Village Condo, Townhouse or a Duplex.The number of home sales in Elk Grove Village from July 1, 2018 through July 31, 2018 was 41 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 $148/Sq.Ft, which is 2% a decline from last month.

  4. In Elk Grove Village there were 6 units sold in July in the price range between $98,000 – $175,512 with an average of 1.7 bedrooms and 1.4 bathrooms and average Square footage of 861SF. In Elk Grove Village there were 27 units sold in July in the price range between $175,513 – $326,511 with an average of 3 bedrooms and 1.8 bathrooms and average Square footage of 1,432SF. In Elk Grove Village there were 8 units sold in July in the price range between $326,512 – $400,000 with an average of 4 bedrooms and 2.4 bathrooms and average Square footage of 2,192SF. The middle price range had the most activity. Homes up to $326,511 were on the market on average 19 days and sold an average of $251,833.

  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 Elk Grove Village. Search all Elk Grove Village homes for Sale on propertyup.comIf you are considering viewing Elk Grove Village, you may want to do so now!

  6. John Herman PropertyUp Inc. Call847-847-4711 • 18-5 E Dundee Rd, Suite 200 • Barrington, IL 60010

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