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 4.14 months supply of inventory on the market in Elk Grove Village on May 31, 2018.
The average market time for a Single Family Homes to sell in Elk Grove Village last month was 25 days. The average price per square foot in the area is now $147/Sq.Ft, which is 4% a decline from last month.
In Elk Grove Village there were 35 units sold in April in the price range between $163,491 – $368,939 with an average of 2.9 bedrooms and 1.8 bathrooms and average Square footage of 1,568SF. In Elk Grove Village there were 6 units sold in April in the price range between $368,940 – $492,900 with an average of 4 bedrooms and 2.3 bathrooms and average Square footage of 2,311SF. The low price range had the most activity. Homes up to $163,490 were on the market on average 33 days and sold an average of $123,900. 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.com If you are considering viewing Elk Grove Village, you may want to do so now!
Elk Grove Village
Mar 1, 2018 – Mar 31, 2018
Apr 1, 2018 – Apr 30, 2018
Month
March
April
Average Listing Price
$254,537
$256,218
Median Sales Price
$253,010
$244,980
Month supply of inventory
4.1
4.1
Market Time Detached
54 days
25 days
Market Time Attached
38 days
33 days
Inventory
177 properties
181 properties
Low price range
$85,000 – $169,005
$82,000 – $163,490
Low price range market time
41 days
33 days
Low price range units sold
0
11
Low price range bedrooms
1.8
1.5
Low price range bathrooms
1.4
1.5
Low price range approx sqft
1,019 SF
900 SF
Mid price range
$169,006 – $366,504
$163,491 – $368,939
Mid price range market time
49 days
28 days
Mid price range units sold
33
35
Mid price range bedrooms
3.2
2.9
Mid price range bathrooms
1.8
1.8
Mid price range approx sqft
1,596 SF
1,568 SF
High price range
$366,505 – $480,000
$368,940 – $492,900
High price range market time
56 days
28 days
High price range units sold
4
6
High price range bedrooms
4
4
High price range bathrooms
2.4
2.3
High price range approxsqft
2,602 SF
2,311 SF
The post Elk Grove Village Real Estate Market Update May 2018 appeared first on Real Estate Vibe - Property Up. from http://realestatevibe.com/elk-grove-village-real-estate-market-update-May-2018/
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