Real Estate In Vernon Hills is a sellers’ market with low inventory of homes in Vernon Hills and a lot of buyer interest. There is a 4.92 months supply of inventory on the market in Vernon Hills on May 31, 2018.
The average market time for a Single Family Homes to sell in Vernon Hills last month was 51 days. The average price per square foot in the area is now $147/Sq.Ft, which is 8% an increase from last month.
In Vernon Hills there were 29 units sold in April in the price range between $241,130 – $688,128 with an average of 3.7 bedrooms and 2.3 bathrooms and average Square footage of 2,397SF. In Vernon Hills there were 2 units sold in April in the price range between $688,129 – $1,025,000 with an average of 4.5 bedrooms and 5.2 bathrooms and average Square footage of 7,616SF. The low price range had the most activity. Homes up to $241,129 were on the market on average 17 days and sold an average of $172,000. 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 Vernon Hills. Search all Vernon Hills homes for Sale on propertyup.com If you are considering viewing Vernon Hills, you may want to do so now!
Vernon Hills
Mar 1, 2018 – Mar 31, 2018
Apr 1, 2018 – Apr 30, 2018
Month
March
April
Average Listing Price
$380,895
$383,244
Median Sales Price
$327,517
$351,258
Month supply of inventory
4.7
4.9
Market Time Detached
47 days
51 days
Market Time Attached
44 days
13 days
Inventory
198 properties
210 properties
Low price range
$103,000 – $215,259
$131,000 – $241,129
Low price range market time
43 days
17 days
Low price range units sold
0
15
Low price range bedrooms
1.8
2.4
Low price range bathrooms
1.3
1.5
Low price range approx sqft
1,017 SF
1,153 SF
Mid price range
$215,260 – $563,758
$241,130 – $688,128
Mid price range market time
49 days
47 days
Mid price range units sold
21
29
Mid price range bedrooms
3.4
3.7
Mid price range bathrooms
2.2
2.3
Mid price range approx sqft
2,205 SF
2,397 SF
High price range
$563,759 – $800,000
$688,129 – $1,025,000
High price range market time
1 days
42 days
High price range units sold
1
2
High price range bedrooms
5
4.5
High price range bathrooms
4
5.2
High price range approxsqft
3,200 SF
7,616 SF
The post Vernon Hills Real Estate Market Update May 2018 appeared first on Real Estate Vibe - Property Up. from http://realestatevibe.com/vernon-hills-real-estate-market-update-May-2018/
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