Real Estate Market Update June 2018 Hanover Park

Author: John Herman

Real Estate In Hanover Park is a sellers’ market with low inventory of homes in Hanover Park and a lot of buyer interest. There is a 3.48 months supply of inventory on the market in Hanover Park on June 30, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Hanover Park last month was 36 days.

It took on average 22 days to sell Hanover Park Condo, Townhouse or a Duplex.

The number of home sales in Hanover Park from May 1, 2018 through May 31, 2018 was 38 units. That is 1% above the number of homes sold last month in Hanover Park.

The average price per square foot in the area is now $135/Sq.Ft, which is 11% an increase from last month.

In Hanover Park there were 7 units sold in May in the price range between $96,500 – $162,124 with an average of 2.1 bedrooms and 1.3 bathrooms and average Square footage of 943SF.

In Hanover Park there were 30 units sold in May in the price range between $162,125 – $687,123 with an average of 3.3 bedrooms and 1.8 bathrooms and average Square footage of 1,619SF.

In Hanover Park there were 1 units sold in May in the price range between $687,124 – $1,146,500 with an average of 3 bedrooms and 1 bathrooms and average Square footage of 1,350SF.

The low price range had the most activity. Homes up to $162,124 were on the market on average 25 days and sold an average of $127,142.

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

Welcome to one of the largest tri-level homes available in Hanover Highlands. Since it's conveniently located in top rated Schaumburg and Hoffman Estates grade School District 54 and high school District 211, and situated in Schaumburg township, you'll also enjoy the benefits of Schaumburg libraries & parks. The large foyer opens to both the substantial living and dining rooms. This home boasts an eat-in country kitchen, four bedrooms on the upper level, and a fifth bedroom located in the light and bright English lower level, which also features a family room, laundry room, and an extra room that can easily be converted to a 6th bedroom. This gem has tons of storage space, and is a well maintained home with newer mechanicals, roof, and carpet, a two car garage, and a fully-fenced yard. You are within mere minutes of world-class shopping, restaurants, banks, the Metra train station, top-rated hospitals, and so much more.