Joliet Real Estate Market Update May 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 4.11 months supply of inventory on the market in Joliet on May 31, 2018.
Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Joliet last month was 42 days.
It took on average 18 days to sell Joliet Condo, Townhouse or a Duplex.
The number of home sales in Joliet from April 1, 2018 through April 30, 2018 was 128 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 $107/Sq.Ft, which is 7% an increase from last month.
In Joliet there were 18 units sold in April in the price range between $44,000 – $110,770 with an average of 2.7 bedrooms and 1.5 bathrooms and average Square footage of 1,151SF.
In Joliet there were 107 units sold in April in the price range between $110,771 – $328,769 with an average of 3.1 bedrooms and 1.8 bathrooms and average Square footage of 1,724SF.
In Joliet there were 3 units sold in April in the price range between $328,770 – $480,000 with an average of 4 bedrooms and 2.7 bathrooms and average Square footage of 3,037SF.
The low price range had the most activity. Homes up to $110,770 were on the market on average 18 days and sold an average of $81,098.
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!
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source http://realestatevibe.com/joliet-real-estate-market-update-May-2018/
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