Morris Real Estate Market Update July 2018
Real Estate In Morris is a sellers’ market with low inventory of homes in Morris and a lot of buyer interest. There is a 4.47 months supply of inventory on the market in Morris on July 31, 2018.
Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Morris last month was 52 days.
It took on average 15 days to sell Morris Condo, Townhouse or a Duplex.
The number of home sales in Morris from June 1, 2018 through June 30, 2018 was 25 units. That is 1% above the number of homes sold last month in Morris.
The average price per square foot in the area is now $95/Sq.Ft, which is 0% an increase from last month.
In Morris there were 5 units sold in June in the price range between $71,000 – $142,406 with an average of 2.2 bedrooms and 1 bathrooms and average Square footage of 994SF.
In Morris there were 14 units sold in June in the price range between $142,407 – $290,405 with an average of 3.3 bedrooms and 1.9 bathrooms and average Square footage of 1,759SF.
In Morris there were 6 units sold in June in the price range between $290,406 – $367,000 with an average of 3.7 bedrooms and 2.7 bathrooms and average Square footage of 2,567SF.
The middle price range had the most activity. Homes up to $290,405 were on the market on average 33 days and sold an average of $202,021.
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 Morris. Search all Morris homes for Sale on propertyup.com If you are considering viewing Morris, you may want to do so now!
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source http://realestatevibe.com/morris-real-estate-market-update-July-2018/
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