Elburn Real Estate Market Update April 2018
Real Estate In Elburn is a balanced market favoring buyers. There is significant amount of homes for sale in Elburn, and buyers are not in a rush to buy yet. There is a 6.82 months supply of inventory on the market in Elburn on April 30, 2018.
Now is the Time to Buy!
The average market time for a Single Family Homes to sell in Elburn last month was 71 days.
It took on average 82 days to sell Elburn Condo, Townhouse or a Duplex.
The number of home sales in Elburn from March 1, 2018 through March 31, 2018 was 16 units. That is 1% above the number of homes sold last month in Elburn.
The average price per square foot in the area is now $105/Sq.Ft, which is 1% a decline from last month.
In Elburn there were 3 units sold in March in the price range between $159,900 – $230,009 with an average of 3.3 bedrooms and 2.1 bathrooms and average Square footage of 1,672SF.
In Elburn there were 12 units sold in March in the price range between $230,010 – $432,558 with an average of 3.7 bedrooms and 2.3 bathrooms and average Square footage of 2,429SF.
In Elburn there were 1 units sold in March in the price range between $432,559 – $565,000 with an average of 4 bedrooms and 4.1 bathrooms and average Square footage of 3,524SF.
The low price range had the most activity. Homes up to $230,009 were on the market on average 95 days and sold an average of $180,633.
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 Elburn. Search all Elburn homes for Sale on propertyup.com If you are considering viewing Elburn, you may want to do so now!
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source http://realestatevibe.com/elburn-real-estate-market-update-April-2018/
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