Joliet Real Estate Market Update November 2018


Real Estate In Joliet is a sellers’ market with low inventory of homes in Joliet and a lot of buyer interest. There is a 4.3 months supply of inventory on the market in Joliet on November 30, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Joliet last month was 40 days.
It took on average 39 days to sell Joliet Condo, Townhouse or a Duplex.
The number of home sales in Joliet from October 1, 2018 through October 31, 2018 was 166 units. That is 1% above the number of homes sold last month in Joliet.

The average price per square foot in the area is now $97/Sq.Ft, which is 0% an increase from last month.



In Joliet there were 31 units sold in October in the price range between $42,500 – $105,382 with an average of 2.5 bedrooms and 1.2 bathrooms and average Square footage of 1,102SF.

In Joliet there were 130 units sold in October in the price range between $105,383 – $289,131 with an average of 3 bedrooms and 1.8 bathrooms and average Square footage of 1,615SF.

In Joliet there were 5 units sold in October in the price range between $289,132 – $410,000 with an average of 4 bedrooms and 2.5 bathrooms and average Square footage of 3,294SF.

The low price range had the most activity. Homes up to $105,382 were on the market on average 51 days and sold an average of $72,445.

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

Joliet
Sep 1, 2018 – Sep 30, 2018
Oct 1, 2018 – Oct 31, 2018
Month
September
October
Average Listing Price
$185,000
$189,948
Median Sales Price
Any
$168,263
Month supply of inventory
12
4.3
Market Time Detached
0 days
40 days
Market Time Attached
0 days
39 days
Inventory
1 properties
781 properties
Low price range
Any – Any
$42,500 – $105,382
Low price range market time
0 days
51 days
Low price range units sold
0
31
Low price range bedrooms
0
2.5
Low price range bathrooms
0
1.2
Low price range approx sqft
0 SF
1,102 SF
Mid price range
$1 – $-1
$105,383 – $289,131
Mid price range market time
0 days
39 days
Mid price range units sold
0
130
Mid price range bedrooms
0
3
Mid price range bathrooms
0
1.8
Mid price range approx sqft
0 SF
1,615 SF
High price range
Any – Any
$289,132 – $410,000
High price range market time
0 days
21 days
High price range units sold
0
5
High price range bedrooms
0
4
High price range bathrooms
0
2.5
High price range approxsqft
0 SF
3,294 SF

The post Joliet Real Estate Market Update November 2018 appeared first on Real Estate Vibe - Property Up.



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

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