South Elgin Real Estate Market Update May 2018.
Real Estate In South Elgin is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.19 months supply of inventory on the market in South Elgin on May 31, 2018. Now is the Time to Sell! The average market time for a Single Family Homes to sell in South Elgin last month was 30 days. It took on average 14 days to sell South Elgin Condo, Townhouse or a Duplex. The number of home sales in South Elgin from April 1, 2018 through April 30, 2018 was 43 units. That is 1% above the number of homes sold last month in South Elgin. The average price per square foot in the area is now $108/Sq.Ft, which is 32% an increase from last month.
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