Arlington Heights Real Estate Market Update November 2018


Real Estate In Arlington Heights is a balanced market favoring buyers. There is significant amount of homes for sale in Arlington Heights, and buyers are not in a rush to buy yet. There is a 6.71 months supply of inventory on the market in Arlington Heights on November 30, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Arlington Heights last month was 35 days.
It took on average 34 days to sell Arlington Heights Condo, Townhouse or a Duplex.
The number of home sales in Arlington Heights from October 1, 2018 through October 31, 2018 was 83 units. That is 1% above the number of homes sold last month in Arlington Heights.

The average price per square foot in the area is now $161/Sq.Ft, which is 0% an increase from last month.



In Arlington Heights there were 24 units sold in October in the price range between $75,500 – $200,888 with an average of 1.8 bedrooms and 1.3 bathrooms and average Square footage of 1,027SF.

In Arlington Heights there were 51 units sold in October in the price range between $200,889 – $613,137 with an average of 3.3 bedrooms and 2 bathrooms and average Square footage of 2,016SF.

In Arlington Heights there were 8 units sold in October in the price range between $613,138 – $900,000 with an average of 4.5 bedrooms and 3.4 bathrooms and average Square footage of 3,167SF.

The low price range had the most activity. Homes up to $200,888 were on the market on average 38 days and sold an average of $126,234.

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

Arlington Heights
Sep 1, 2018 – Sep 30, 2018
Oct 1, 2018 – Oct 31, 2018
Month
September
October
Average Listing Price
$209,000
$384,388
Median Sales Price
Any
$326,275
Month supply of inventory
12
6.7
Market Time Detached
0 days
35 days
Market Time Attached
0 days
34 days
Inventory
1 properties
744 properties
Low price range
Any – Any
$75,500 – $200,888
Low price range market time
0 days
38 days
Low price range units sold
0
24
Low price range bedrooms
0
1.8
Low price range bathrooms
0
1.3
Low price range approx sqft
0 SF
1,027 SF
Mid price range
$1 – $-1
$200,889 – $613,137
Mid price range market time
0 days
31 days
Mid price range units sold
0
51
Mid price range bedrooms
0
3.3
Mid price range bathrooms
0
2
Mid price range approx sqft
0 SF
2,016 SF
High price range
Any – Any
$613,138 – $900,000
High price range market time
0 days
48 days
High price range units sold
0
8
High price range bedrooms
0
4.5
High price range bathrooms
0
3.4
High price range approxsqft
0 SF
3,167 SF

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source http://realestatevibe.com/arlington-heights-real-estate-market-update-November-2018/

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