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Real Estate Market Update June 2018 Elk Grove Village

Author: John Herman
by John Herman
Posted: Jun 27, 2018

Real Estate In Elk Grove Village is a sellers’ market with low inventory of homes in Elk Grove Village and a lot of buyer interest. There is a 4.46 months supply of inventory on the market in Elk Grove Village on June 30, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Elk Grove Village last month was 20 days.

It took on average 39 days to sell Elk Grove Village Condo, Townhouse or a Duplex.

The number of home sales in Elk Grove Village from May 1, 2018 through May 31, 2018 was 52 units. That is 1% above the number of homes sold last month in Elk Grove Village.

The average price per square foot in the area is now $152/Sq.Ft, which is 9% an increase from last month.

In Elk Grove Village there were 9 units sold in May in the price range between $83,500 – $172,976 with an average of 1.9 bedrooms and 1.4 bathrooms and average Square footage of 934SF.

In Elk Grove Village there were 38 units sold in May in the price range between $172,977 – $361,875 with an average of 3 bedrooms and 1.9 bathrooms and average Square footage of 1,573SF.

In Elk Grove Village there were 5 units sold in May in the price range between $361,876 – $461,300 with an average of 4.6 bedrooms and 2.8 bathrooms and average Square footage of 2,420SF.

The low price range had the most activity. Homes up to $172,976 were on the market on average 54 days and sold an average of $127,444.

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 Elk Grove Village. Search all Elk Grove Village homes for Sale on propertyup.comIf you are considering viewing Elk Grove Village, you may want to do so now!

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About the Author

Helping you make the right choices when it comes to all things property. Huge price reduction!!!lovely english cottage style ranch on beautifully wooded lot great location. Gated entry leads to charming walkway & welcoming porch.

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Author: John Herman

John Herman

Member since: Oct 11, 2017
Published articles: 130

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