Buffalo Grove Real Estate Market Update March 2018

Real Estate In Buffalo Grove is a sellers’ market with low inventory of homes in Buffalo Grove and a lot of buyer interest. There is a 3.26 months supply of inventory on the market in Buffalo Grove on March 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 90 days.

It took on average 45 days to sell Buffalo Grove Condo, Townhouse or a Duplex.

The number of home sales in Buffalo Grove from February 1, 2018 through February 28, 2018 was 39 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 $128/Sq.Ft, which is 10% a decline from last month.

In Buffalo Grove there were 7 units sold in February in the price range between $75,000 – $170,147 with an average of 1.6 bedrooms and 1.4 bathrooms and average Square footage of 1,044SF.

In Buffalo Grove there were 26 units sold in February in the price range between $170,148 – $387,646 with an average of 3.1 bedrooms and 2 bathrooms and average Square footage of 1,665SF.

In Buffalo Grove there were 6 units sold in February in the price range between $387,647 – $510,000 with an average of 3.8 bedrooms and 2.5 bathrooms and average Square footage of 2,472SF.

The low price range had the most activity. Homes up to $170,147 were on the market on average 48 days and sold an average of $102,142.

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!