Poplar Grove Real Estate Market Update June 2018


Real Estate In Poplar Grove is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.39 months supply of inventory on the market in Poplar Grove on June 30, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Poplar Grove last month was 87 days.
It took on average 9 days to sell Poplar Grove Condo, Townhouse or a Duplex.
The number of home sales in Poplar Grove from May 1, 2018 through May 31, 2018 was 15 units. That is 1% above the number of homes sold last month in Poplar Grove.

The average price per square foot in the area is now $77/Sq.Ft, which is 3% a decline from last month.



In Poplar Grove there were 2 units sold in May in the price range between $82,500 – $127,347 with an average of 2.5 bedrooms and 1.5 bathrooms and average Square footage of 1,265SF.

In Poplar Grove there were 10 units sold in May in the price range between $127,348 – $246,096 with an average of 3.6 bedrooms and 2.4 bathrooms and average Square footage of 1,774SF.

In Poplar Grove there were 3 units sold in May in the price range between $246,097 – $320,000 with an average of 3.3 bedrooms and 2.5 bathrooms and average Square footage of 1,847SF.

The middle price range had the most activity. Homes up to $246,096 were on the market on average 57 days and sold an average of $152,260.

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

Poplar Grove
Apr 1, 2018 – Apr 30, 2018
May 1, 2018 – May 31, 2018
Month
April
May
Average Listing Price
$221,617
$205,369
Median Sales Price
$178,820
$172,193
Month supply of inventory
5.3
5.4
Market Time Detached
63 days
87 days
Market Time Attached
0 days
9 days
Inventory
72 properties
80 properties
Low price range
$89,900 – $134,360
$82,500 – $127,347
Low price range market time
86 days
145 days
Low price range units sold
0
2
Low price range bedrooms
2.7
2.5
Low price range bathrooms
1.7
1.5
Low price range approx sqft
1,769 SF
1,265 SF
Mid price range
$134,361 – $239,409
$127,348 – $246,096
Mid price range market time
41 days
57 days
Mid price range units sold
4
10
Mid price range bedrooms
3.5
3.6
Mid price range bathrooms
2.1
2.4
Mid price range approx sqft
2,558 SF
1,774 SF
High price range
$239,410 – $300,000
$246,097 – $320,000
High price range market time
70 days
122 days
High price range units sold
3
3
High price range bedrooms
3.7
3.3
High price range bathrooms
2.7
2.5
High price range approxsqft
15,872 SF
1,847 SF

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source http://realestatevibe.com/poplar-grove-real-estate-market-update-June-2018/

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