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Buffalo Grove Real Estate Market Update August 2018

Author: John Herman
by John Herman
Posted: Aug 09, 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 6.29 months supply of inventory on the market in Buffalo Grove on August 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 23 days.

It took on average 24 days to sell Buffalo Grove Condo, Townhouse or a Duplex.

The number of home sales in Buffalo Grove from July 1, 2018 through July 31, 2018 was 88 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 0% no change from last month.

In Buffalo Grove there were 16 units sold in July in the price range between $100,000 – $208,252 with an average of 2 bedrooms and 1.9 bathrooms and average Square footage of 1,181SF.

In Buffalo Grove there were 66 units sold in July in the price range between $208,253 – $533,251 with an average of 3.4 bedrooms and 2.2 bathrooms and average Square footage of 1,952SF.

In Buffalo Grove there were 6 units sold in July in the price range between $533,252 – $750,000 with an average of 4.7 bedrooms and 2.6 bathrooms and average Square footage of 3,288SF.

The low price range had the most activity. Homes up to $208,252 were on the market on average 35 days and sold an average of $151,638.

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!

HOME HAS BRAND NEW ROOF, PAINTING AND UPDATES! PRICED BELOW MARKET AND WILL NOT LAST! Lovely home on quiet Cul-de-Sac street! The main level boasts generously expanded family room, custom built-in bookshelves, and bay window! New espresso kitchen in cherry wood with Eco - friendly countertop and stainless steel appliances! You will love the upgraded hardwood floors, newer windows, refinished basement, first-floor laundry room and freshly painted walls! Sun-drenched dining room overlooks the spacious yard & patio- perfect for entertaining! Other features include wifi controlled heating cooling systems and garage door, LED recessed lights with dimmers throughout and extra storage with crawl space. Home situated in Award Winning Stevenson HS School District!

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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