Elgin Real Estate Market Update July 2018
Real Estate In Elgin is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.27 months supply of inventory on the market in Elgin on July 31, 2018. Now is the Time to Sell! The average market time for a Single Family Homes to sell in Elgin last month was 34 days. It took on average 36 days to sell Elgin Condo, Townhouse or a Duplex. The number of home sales in Elgin from June 1, 2018 through June 30, 2018 was 143 units. That is 1% above the number of homes sold last month in Elgin. The average price per square foot in the area is now $109/Sq.Ft, which is 100% a decline from last month.
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