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Vernon Hills Real Estate Market Update August 2018

Author: John Herman
by John Herman
Posted: Aug 26, 2018

Real Estate In Vernon Hills is a balanced market favoring buyers. There is significant amount of homes for sale in Vernon Hills, and buyers are not in a rush to buy yet. There is a 6.96 months supply of inventory on the market in Vernon Hills on August 31, 2018.

Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Vernon Hills last month was 29 days.

It took on average 18 days to sell Vernon Hills Condo, Townhouse or a Duplex.

The number of home sales in Vernon Hills from July 1, 2018 through July 31, 2018 was 50 units. That is 1% above the number of homes sold last month in Vernon Hills.

The average price per square foot in the area is now $145/Sq.Ft, which is 10% an increase from last month.

In Vernon Hills there were 12 units sold in July in the price range between $88,000 – $228,180 with an average of 2.3 bedrooms and 1.3 bathrooms and average Square footage of 1,088SF.

In Vernon Hills there were 33 units sold in July in the price range between $228,181 – $649,179 with an average of 3.6 bedrooms and 2.3 bathrooms and average Square footage of 2,375SF.

In Vernon Hills there were 5 units sold in July in the price range between $649,180 – $930,000 with an average of 5.2 bedrooms and 4.3 bathrooms and average Square footage of 4,038SF.

The low price range had the most activity. Homes up to $228,180 were on the market on average 21 days and sold an average of $153,921.

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

Another Listing: Perfect location in Deerpath! Near park and playground. This adorable colonial boasts stainless steel appliances, white cabinetry, chef's island, newer microwave & refrigerator and wood laminate flooring. Second level includes large master suite with updated bath, two additional bedrooms with updated hall bathroom. Finished basement with recreation room, storage and laundry. Newer water heater. Beautiful curb appeal and fenced in yard. Close to shopping, schools, restaurants, parks, Metra and more! Don't miss this fabulous home.

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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