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Vernon Hills Real Estate Market Update August 2018

Real Estate In Vernon Hills is a balanced market favoring buyers. There is significant amount of homes for sale in Vernon Hills, and buyers are not in a rush to buy yet. There is a 6.96 months supply of inventory on the market in Vernon Hills on August 31, 2018.<br><br>Now is the Time to Buy!<br><br>The average market time for a Single Family Homes to sell in Vernon Hills last month was 29 days.<br>It took on average 18 days to sell Vernon Hills Condo, Townhouse or a Duplex.<br>The number of home sales in Vernon Hills from July 1, 2018 through July 31, 2018 was 50 units. That is 1% above the number of homes sold last month in Vernon Hills.<br><br>The average price per square foot in the area is now $145/Sq.Ft, which is 10% an increase from last month.

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Vernon Hills Real Estate Market Update August 2018

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  1. Vernon Hills Real Estate Market Update August 2018

  2. Real Estate In Vernon Hills is a balanced market favoring buyers. There is significant amount of homes for sale in Vernon Hills, and buyers are not in a rush to buy yet. There is a 6.96 months supply of inventory on the market in Vernon Hills on August 31, 2018.

  3. Now is the Time to Buy! The average market time for a Single Family Homes to sell in Vernon Hills last month was 29 days.It took on average 18 days to sell Vernon Hills Condo, Townhouse or a Duplex.The number of home sales in Vernon Hills from July 1, 2018 through July 31, 2018 was 50 units. That is 1% above the number of homes sold last month in Vernon Hills. The average price per square foot in the area is now $145/Sq.Ft, which is 10% an increase from last month.

  4. In Vernon Hills there were 12 units sold in July in the price range between $88,000 – $228,180 with an average of 2.3 bedrooms and 1.3 bathrooms and average Square footage of 1,088SF. In Vernon Hills there were 33 units sold in July in the price range between $228,181 – $649,179 with an average of 3.6 bedrooms and 2.3 bathrooms and average Square footage of 2,375SF. In Vernon Hills there were 5 units sold in July in the price range between $649,180 – $930,000 with an average of 5.2 bedrooms and 4.3 bathrooms and average Square footage of 4,038SF. The low price range had the most activity. Homes up to $228,180 were on the market on average 21 days and sold an average of $153,921.

  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 Vernon Hills. Search all Vernon Hills homes for Sale on propertyup.com If you are considering viewing Vernon Hills, 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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