Belvidere Real Estate Market Update October 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 4 months supply of inventory on the market in Belvidere on October 31, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Belvidere last month was 47 days.
It took on average 60 days to sell Belvidere Condo, Townhouse or a Duplex.
The number of home sales in Belvidere from September 1, 2018 through September 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 $85/Sq.Ft, which is 0% an increase from last month.



In Belvidere there were 7 units sold in September in the price range between $35,000 – $119,842 with an average of 2.4 bedrooms and 1.3 bathrooms and average Square footage of 1,622SF.

In Belvidere there were 18 units sold in September in the price range between $119,843 – $371,091 with an average of 3.4 bedrooms and 2 bathrooms and average Square footage of 1,911SF.

In Belvidere there were 3 units sold in September in the price range between $371,092 – $537,500 with an average of 4.3 bedrooms and 3.4 bathrooms and average Square footage of 3,970SF.

The low price range had the most activity. Homes up to $119,842 were on the market on average 46 days and sold an average of $93,035.

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
Aug 1, 2018 – Aug 31, 2018
Sep 1, 2018 – Sep 30, 2018
Month
August
September
Average Listing Price
$345,000
$232,878
Median Sales Price
Any
$204,683
Month supply of inventory
12
4
Market Time Detached
0 days
47 days
Market Time Attached
0 days
60 days
Inventory
1 properties
136 properties
Low price range
Any – Any
$35,000 – $119,842
Low price range market time
0 days
46 days
Low price range units sold
0
7
Low price range bedrooms
0
2.4
Low price range bathrooms
0
1.3
Low price range approx sqft
0 SF
1,622 SF
Mid price range
$1 – $-1
$119,843 – $371,091
Mid price range market time
0 days
20 days
Mid price range units sold
0
18
Mid price range bedrooms
0
3.4
Mid price range bathrooms
0
2
Mid price range approx sqft
0 SF
1,911 SF
High price range
Any – Any
$371,092 – $537,500
High price range market time
0 days
225 days
High price range units sold
0
3
High price range bedrooms
0
4.3
High price range bathrooms
0
3.4
High price range approxsqft
0 SF
3,970 SF

The post Belvidere Real Estate Market Update October 2018 appeared first on Real Estate Vibe - Property Up.



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

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