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Hanover Park Real Estate Market Update August 2018

Real Estate In Hanover Park is a sellers’ market with low inventory of homes in Hanover Park and a lot of buyer interest. There is a 4.92 months supply of inventory on the market in Hanover Park 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 Hanover Park last month was 21 days.<br>It took on average 26 days to sell Hanover Park Condo, Townhouse or a Duplex.<br>The number of home sales in Hanover Park from July 1, 2018 through July 31, 2018 was 33 units. That is 1% above the number of homes sold last month in Hanover Park.<br><br>The average price per square foot in the area is now $140/Sq.Ft, which is 4% an increase from last month.

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Hanover Park Real Estate Market Update August 2018

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  1. Hanover Park Real Estate Market Update August 2018

  2. Real Estate In Hanover Park is a sellers’ market with low inventory of homes in Hanover Park and a lot of buyer interest. There is a 4.92 months supply of inventory on the market in Hanover Park on August 31, 2018.

  3. Now is the Time to Sell! The average market time for a Single Family Homes to sell in Hanover Park last month was 21 days.It took on average 26 days to sell Hanover Park Condo, Townhouse or a Duplex.The number of home sales in Hanover Park from July 1, 2018 through July 31, 2018 was 33 units. That is 1% above the number of homes sold last month in Hanover Park. The average price per square foot in the area is now $140/Sq.Ft, which is 4% an increase from last month.

  4. In Hanover Park there were 7 units sold in July in the price range between $116,500 – $164,683 with an average of 2.4 bedrooms and 1.2 bathrooms and average Square footage of 1,083SF. In Hanover Park there were 18 units sold in July in the price range between $164,684 – $260,432 with an average of 3.2 bedrooms and 1.9 bathrooms and average Square footage of 1,533SF. In Hanover Park there were 8 units sold in July in the price range between $260,433 – $308,000 with an average of 4.1 bedrooms and 2.1 bathrooms and average Square footage of 1,918SF. The middle price range had the most activity. Homes up to $260,432 were on the market on average 23 days and sold an average of $207,966.

  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 Hanover Park. Search all Hanover Park homes for Sale on propertyup.com If you are considering viewing Hanover Park, 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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