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Buffalo Grove Real Estate Market Update July 2018

Author: John Herman
by John Herman
Posted: Jul 17, 2018

Real Estate In Buffalo Grove is a balanced market favoring buyers. There is significant amount of homes for sale in Buffalo Grove, and buyers are not in a rush to buy yet. There is a 6.32 months supply of inventory on the market in Buffalo Grove on July 31, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Buffalo Grove last month was 27 days.

It took on average 28 days to sell Buffalo Grove Condo, Townhouse or a Duplex.

The number of home sales in Buffalo Grove from June 1, 2018 through June 30, 2018 was 105 units. That is 1% above the number of homes sold last month in Buffalo Grove.

The average price per square foot in the area is now $152/Sq.Ft, which is 22% an increase from last month.

In Buffalo Grove there were 20 units sold in June in the price range between $80,000 – $199,333 with an average of 1.7 bedrooms and 1.6 bathrooms and average Square footage of 1,088SF.

In Buffalo Grove there were 77 units sold in June in the price range between $199,334 – $501,832 with an average of 3.4 bedrooms and 2.2 bathrooms and average Square footage of 1,936SF.

In Buffalo Grove there were 8 units sold in June in the price range between $501,833 – $685,000 with an average of 4.6 bedrooms and 3 bathrooms and average Square footage of 3,333SF.

The low price range had the most activity. Homes up to $199,333 were on the market on average 49 days and sold an average of $145,920.

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

Exceptional upgrades & modern finishes adorn this stunning home situated in award winning Stevenson school district! Hardwood floors, fresh paint & white trim are just a few of the finest details. Entering the two-story foyer, you will be welcomed w granite flooring, impressive staircase & open concept views into the living & dining rooms. Gourmet kitchen is adorned with granite countertops & backsplash, white cabinets, two breakfast bars and a large eating area overlooking the backyard oasis. Ideal for entertaining, family room is located off the kitchen with a gas fireplace! 1st floor bedroom office, powder room & laundry complete the main level. Retreat away in the master suite with vaulted ceilings, WIC, jacuzzi tub & double sinks. Three additional bedrooms on the 2nd floor, each spacious in size. Finished basement is complete with a 5th bedroom, full bath with sauna, wet-bar and more. Serene & private backyard w free style brick paver patio, firepit & professional landscaping!

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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