Spring Grove Real Estate Market Update April 2018


Real Estate In Spring Grove is a balanced market favoring buyers. There is significant amount of homes for sale in Spring Grove, and buyers are not in a rush to buy yet. There is a 7.35 months supply of inventory on the market in Spring Grove on April 30, 2018.



Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Spring Grove last month was 60 days.
The number of home sales in Spring Grove from March 1, 2018 through March 31, 2018 was 18 units. That is 1% above the number of homes sold last month in Spring Grove.

The average price per square foot in the area is now $99/Sq.Ft, which is 13% an increase from last month.



In Spring Grove there were 5 units sold in March in the price range between $125,000 – $187,050 with an average of 3.2 bedrooms and 2 bathrooms and average Square footage of 1,511SF.

In Spring Grove there were 10 units sold in March in the price range between $187,051 – $327,049 with an average of 3.8 bedrooms and 2.4 bathrooms and average Square footage of 2,640SF.

In Spring Grove there were 3 units sold in March in the price range between $327,050 – $405,000 with an average of 4.3 bedrooms and 3.1 bathrooms and average Square footage of 4,230SF.

The low price range had the most activity. Homes up to $187,050 were on the market on average 47 days and sold an average of $149,000.

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

Spring Grove
Feb 1, 2018 – Feb 28, 2018
Mar 1, 2018 – Mar 31, 2018
Month
February
March
Average Listing Price
$286,742
$286,592
Median Sales Price
$221,766
$249,100
Month supply of inventory
7.5
7.3
Market Time Detached
55 days
60 days
Market Time Attached
0 days
0 days
Inventory
158 properties
158 properties
Low price range
$78,000 – $149,883
$125,000 – $187,050
Low price range market time
81 days
47 days
Low price range units sold
3
5
Low price range bedrooms
3
3.2
Low price range bathrooms
1.7
2
Low price range approx sqft
1,168 SF
1,511 SF
Mid price range
$149,884 – $273,382
$187,051 – $327,049
Mid price range market time
44 days
63 days
Mid price range units sold
4
10
Mid price range bedrooms
3.5
3.8
Mid price range bathrooms
2.3
2.4
Mid price range approx sqft
2,038 SF
2,640 SF
High price range
$273,383 – $325,000
$327,050 – $405,000
High price range market time
43 days
71 days
High price range units sold
3
3
High price range bedrooms
4
4.3
High price range bathrooms
3
3.1
High price range approxsqft
2,724 SF
4,230 SF

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