Elgin Real Estate Market Update October 2018

Real Estate In Elgin is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers.
 
 
470
470
 
Spread the Word
Listed Under

Tag:
Elgin Homes For Sale

Industry:
Real Estate

Location:
Elgin - Illinois - US

Subject:
Services

ELGIN, Ill. - Oct. 28, 2018 - PRLog -- Real Estate In Elgin (https://propertyup.com/realestate/elgin,illinois) is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.54 months supply of inventory on the market in Elgin (https://propertyup.com/sale/elgin,illinois) on October 31, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Elgin (https://propertyup.com/sale/house-elgin,illinois) last month was 30 days.
It took on average 24 days to sell Elgin Condo (https://propertyup.com/sale/condos-elgin,illinois), Townhouse or a Duplex.
The number of home sales in Elgin from September 1, 2018 through September 30, 2018 was 117 units. That is 1% above the number of homes sold last month in Elgin.

The average price per square foot in the area is now $115/Sq.Ft, which is 0% an increase from last month.

In Elgin there were 19 units sold in September in the price range between $85,000 – $162,283 with an average of 2.6 bedrooms and 1.5 bathrooms and average Square footage of 1,248SF.

In Elgin there were 96 units sold in September in the price range between $162,284 – $637,282 with an average of 3.3 bedrooms and 2 bathrooms and average Square footage of 1,957SF.

In Elgin there were 2 units sold in September in the price range between $637,283 – $1,035,000 with an average of 3.5 bedrooms and 4.2 bathrooms and average Square footage of 3,799SF.

The low price range had the most activity. Homes up to $162,283 were on the market on average 15 days and sold an average of $140,921.

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 Elgin (https://propertyup.com/realestate/elgin,illinois). Search all Elgin homes for Sale (https://propertyup.com/sale/elgin,illinois) on propertyup.com If you are considering viewing Elgin (https://propertyup.com/sale/elgin,illinois), you may want to do so now!

Contact
John Herman
***@idxm.com
End
Email:***@idxm.com Email Verified
Tags:Elgin Homes For Sale
Industry:Real Estate
Location:Elgin - Illinois - United States
Subject:Services
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
PropertyUp Inc. PRs
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share