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Vernon Hills Real Estate Market Update September 2018
Posted: Oct 10, 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 7.16 months supply of inventory on the market in Vernon Hills on September 30, 2018.
Now is the Time to Buy!
The average market time for a Single Family Homes to sell in Vernon Hills last month was 45 days.
It took on average 33 days to sell Vernon Hills Condo, Townhouse or a Duplex.
The number of home sales in Vernon Hills from August 1, 2018 through August 31, 2018 was 36 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 $114/Sq.Ft, which is 0% an increase from last month.
In Vernon Hills there were 19 units sold in August in the price range between $115,000 – $198,919 with an average of 2.2 bedrooms and 1.3 bathrooms and average Square footage of 1,044SF.
In Vernon Hills there were 11 units sold in August in the price range between $198,920 – $482,668 with an average of 3.2 bedrooms and 2.2 bathrooms and average Square footage of 2,063SF.
In Vernon Hills there were 6 units sold in August in the price range between $482,669 – $682,500 with an average of 4.5 bedrooms and 3.1 bathrooms and average Square footage of 3,485SF.
The low price range had the most activity. Homes up to $198,919 were on the market on average 29 days and sold an average of $151,244.
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: Great opportunity to own this 3 bed, 2 bath condo with so much potential! Two large closets in the foyer with window and Pergo flooring. Spacious rooms! Dining room with ceiling fan. Living room is only steps away featuring ceiling fan and wet bar with extra cabinetry. Eat-in kitchen enjoys all appliances, custom backsplash, and private eating area with window. Generously sized master suite with ceiling fan and private bath. Additional spacious bedrooms with ceiling fans and large closets. Laundry with washer, dryer, and extra storage. Lovely oversized balcony offers a great place for relaxation. Electric heat, no gas bill! 1-car attached garage. Awesome location.
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