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Elk Grove Village Real Estate Market Update October 2018

Author: John Herman
by John Herman
Posted: Oct 31, 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 4.83 months supply of inventory on the market in Elk Grove Village on October 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 20 days.

It took on average 34 days to sell Elk Grove Village Condo, Townhouse or a Duplex.

The number of home sales in Elk Grove Village from September 1, 2018 through September 30, 2018 was 30 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 5 units sold in September in the price range between $100,000 – $178,513 with an average of 2 bedrooms and 1.3 bathrooms and average Square footage of 992SF.

In Elk Grove Village there were 20 units sold in September in the price range between $178,514 – $366,012 with an average of 2.8 bedrooms and 1.7 bathrooms and average Square footage of 1,459SF.

In Elk Grove Village there were 5 units sold in September in the price range between $366,013 – $475,000 with an average of 4.2 bedrooms and 2.3 bathrooms and average Square footage of 2,310SF.

The middle price range had the most activity. Homes up to $366,012 were on the market on average 22 days and sold an average of $249,080.

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!

Another Listing: Financing fell 1 week prior to close! over 2900 sq.ft. 4 brs & 1st floor den. So much space for the $, we just need a few updates! newer: *roof *vinyl siding *windows *furnace! open & airy 2 story foyer! living room with vaulted ceiling & bay window! dining room with crown molding & chair rail! lovely kitchen with lots of oak cabinets, lazy susan & pantry! island with cooktop! built in double oven! canned lights & newer light fixtures! beautiful family room with vaulted ceiling, brick to ceiling wood burning gas start fireplace with mantel! sliding glass doors out to large deck! first floor den brings in lots of natural light! 1st floor laundry room with washer dryer and washtub! lovely master bedroom with walk-in closet and additional closet space! master bath with separate shower jacuzzi, double sinks & skylight! 2nd, 3rd and 4th bedrooms all have ceiling fans & 6 panel pine doors! basement w cement crawls for lots of storage! high efficiency furnace 2015!

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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