Belvidere Real Estate Market Update July 2018


Real Estate In Belvidere is a sellers’ market with low inventory of homes in Belvidere and a lot of buyer interest. There is a 3.15 months supply of inventory on the market in Belvidere on July 31, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Belvidere last month was 46 days.
The number of home sales in Belvidere from June 1, 2018 through June 30, 2018 was 28 units. That is 1% above the number of homes sold last month in Belvidere.

The average price per square foot in the area is now $69/Sq.Ft, which is 0% an increase from last month.



In Belvidere there were 8 units sold in June in the price range between $39,500 – $115,059 with an average of 2.8 bedrooms and 1.4 bathrooms and average Square footage of 1,451SF.

In Belvidere there were 17 units sold in June in the price range between $115,060 – $320,308 with an average of 3.4 bedrooms and 2.2 bathrooms and average Square footage of 2,394SF.

In Belvidere there were 3 units sold in June in the price range between $320,309 – $450,000 with an average of 4.7 bedrooms and 3.4 bathrooms and average Square footage of 5,437SF.

The low price range had the most activity. Homes up to $115,059 were on the market on average 37 days and sold an average of $82,150.

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

Belvidere
May 1, 2018 – May 31, 2018
Jun 1, 2018 – Jun 30, 2018
Month
May
June
Average Listing Price
$149,900
$261,807
Median Sales Price
Any
$190,618
Month supply of inventory
12
3.1
Market Time Detached
0 days
46 days
Market Time Attached
0 days
0 days
Inventory
1 properties
126 properties
Low price range
Any – Any
$39,500 – $115,059
Low price range market time
0 days
37 days
Low price range units sold
0
8
Low price range bedrooms
0
2.8
Low price range bathrooms
0
1.4
Low price range approx sqft
0 SF
1,451 SF
Mid price range
$1 – $-1
$115,060 – $320,308
Mid price range market time
0 days
50 days
Mid price range units sold
0
17
Mid price range bedrooms
0
3.4
Mid price range bathrooms
0
2.2
Mid price range approx sqft
0 SF
2,394 SF
High price range
Any – Any
$320,309 – $450,000
High price range market time
0 days
52 days
High price range units sold
0
3
High price range bedrooms
0
4.7
High price range bathrooms
0
3.4
High price range approxsqft
0 SF
5,437 SF

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source http://realestatevibe.com/belvidere-real-estate-market-update-July-2018/

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