Sterling Real Estate Market Update July 2018
Real Estate In Sterling is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.43 months supply of inventory on the market in Sterling on July 31, 2018.
Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Sterling last month was 76 days.
It took on average 31 days to sell Sterling Condo, Townhouse or a Duplex.
The number of home sales in Sterling from June 1, 2018 through June 30, 2018 was 25 units. That is 1% above the number of homes sold last month in Sterling.
The average price per square foot in the area is now $66/Sq.Ft, which is 12% an increase from last month.
In Sterling there were 5 units sold in June in the price range between $15,300 – $64,520 with an average of 2.8 bedrooms and 1.2 bathrooms and average Square footage of 1,228SF.
In Sterling there were 17 units sold in June in the price range between $64,521 – $194,369 with an average of 3.1 bedrooms and 1.6 bathrooms and average Square footage of 1,596SF.
In Sterling there were 3 units sold in June in the price range between $194,370 – $275,000 with an average of 3.7 bedrooms and 2.7 bathrooms and average Square footage of 2,384SF.
The low price range had the most activity. Homes up to $64,520 were on the market on average 69 days and sold an average of $32,760.
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 Sterling. Search all Sterling homes for Sale on propertyup.com If you are considering viewing Sterling, you may want to do so now!
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source http://realestatevibe.com/sterling-real-estate-market-update-July-2018/
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