Elk Grove Village Real Estate Market Update July 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 4.17 months supply of inventory on the market in Elk Grove Village on July 31, 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 27 days.

It took on average 19 days to sell Elk Grove Village Condo, Townhouse or a Duplex.

The number of home sales in Elk Grove Village from June 1, 2018 through June 30, 2018 was 49 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 $151/Sq.Ft, which is 0% an increase from last month.

In Elk Grove Village there were 10 units sold in June in the price range between $83,000 – $171,968 with an average of 1.9 bedrooms and 1.5 bathrooms and average Square footage of 1,046SF.

In Elk Grove Village there were 37 units sold in June in the price range between $171,969 – $410,467 with an average of 3.1 bedrooms and 1.8 bathrooms and average Square footage of 1,694SF.

In Elk Grove Village there were 2 units sold in June in the price range between $410,468 – $560,000 with an average of 4 bedrooms and 3 bathrooms and average Square footage of 2,794SF.

The low price range had the most activity. Homes up to $171,968 were on the market on average 23 days and sold an average of $120,400.

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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