Real Estate In Elburn is a balanced market favoring buyers. There is significant amount of homes for sale in Elburn, and buyers are not in a rush to buy yet. There is a 6.49 months supply of inventory on the market in Elburn on December 31, 2018.
The average market time for a Single Family Homes to sell in Elburn last month was 60 days. The average price per square foot in the area is now $120/Sq.Ft, which is 19% an increase from last month.
In Elburn there were 4 units sold in November in the price range between $275,287 – $388,285 with an average of 4 bedrooms and 2.8 bathrooms and average Square footage of 2,819SF. In Elburn there were 1 units sold in November in the price range between $388,286 – $455,000 with an average of 5 bedrooms and 4.1 bathrooms and average Square footage of 4,979SF. The low price range had the most activity. Homes up to $275,286 were on the market on average 81 days and sold an average of $252,000. 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 Elburn. Search all Elburn homes for Sale on propertyup.com If you are considering viewing Elburn, you may want to do so now!
Elburn
Oct 1, 2018 – Oct 31, 2018
Nov 1, 2018 – Nov 30, 2018
Month
October
November
Average Listing Price
$405,912
$390,603
Median Sales Price
$293,853
$321,571
Month supply of inventory
6.6
6.5
Market Time Detached
85 days
60 days
Market Time Attached
21 days
0 days
Inventory
152 properties
159 properties
Low price range
$166,000 – $229,927
$229,000 – $275,286
Low price range market time
19 days
81 days
Low price range units sold
0
2
Low price range bedrooms
3
4
Low price range bathrooms
2
2.1
Low price range approx sqft
1,882 SF
2,183 SF
Mid price range
$229,928 – $356,726
$275,287 – $388,285
Mid price range market time
66 days
33 days
Mid price range units sold
7
4
Mid price range bedrooms
3.6
4
Mid price range bathrooms
2.2
2.8
Mid price range approx sqft
2,226 SF
2,819 SF
High price range
$356,727 – $419,600
$388,286 – $455,000
High price range market time
156 days
131 days
High price range units sold
3
1
High price range bedrooms
4.3
5
High price range bathrooms
3.4
4.1
High price range approxsqft
3,628 SF
4,979 SF
The post Elburn Real Estate Market Update December 2018 appeared first on Real Estate Vibe - Property Up. from http://realestatevibe.com/elburn-real-estate-market-update-December-2018/
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