Mount Prospect Real Estate Market Update April 2018

Real Estate In Mount Prospect is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.67 months supply of inventory on the market in Mount Prospect on April 30, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Mount Prospect last month was 48 days.

It took on average 33 days to sell Mount Prospect Condo, Townhouse or a Duplex.

The number of home sales in Mount Prospect from March 1, 2018 through March 31, 2018 was 47 units. That is 1% above the number of homes sold last month in Mount Prospect.

The average price per square foot in the area is now $162/Sq.Ft, which is 8% an increase from last month.

In Mount Prospect there were 9 units sold in March in the price range between $96,000 – $196,469 with an average of 2.3 bedrooms and 1.5 bathrooms and average Square footage of 1,363SF.

In Mount Prospect there were 32 units sold in March in the price range between $196,470 – $398,418 with an average of 3.2 bedrooms and 1.9 bathrooms and average Square footage of 1,571SF.

In Mount Prospect there were 6 units sold in March in the price range between $398,419 – $499,900 with an average of 3.8 bedrooms and 2.4 bathrooms and average Square footage of 2,528SF.

The low price range had the most activity. Homes up to $196,469 were on the market on average 44 days and sold an average of $155,100.

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 Mount Prospect. Search all Mount Prospect homes for Sale on propertyup.com If you are considering viewing Mount Prospect, you may want to do so now!

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