Watseka Real Estate Market Update August 2018


Real Estate In Watseka is a very strong buyers market with very large inventory and a low amount of buyers. There is a 12.2 months supply of inventory on the market in Watseka on August 31, 2018.



Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Watseka last month was 265 days.
The number of home sales in Watseka from July 1, 2018 through July 31, 2018 was 8 units. That is 1% above the number of homes sold last month in Watseka.

The average price per square foot in the area is now $35/Sq.Ft, which is 29% a decline from last month.



In Watseka there were 2 units sold in July in the price range between $15,000 – $39,347 with an average of 5 bedrooms and 1.6 bathrooms and average Square footage of 2,028SF.

In Watseka there were 5 units sold in July in the price range between $39,348 – $91,221 with an average of 3 bedrooms and 1.2 bathrooms and average Square footage of 1,434SF.

In Watseka there were 1 units sold in July in the price range between $91,222 – $118,750 with an average of 3 bedrooms and 2 bathrooms and average Square footage of 1,682SF.

The low price range had the most activity. Homes up to $39,347 were on the market on average 107 days and sold an average of $20,750.

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

Watseka
Jun 1, 2018 – Jun 30, 2018
Jul 1, 2018 – Jul 31, 2018
Month
June
July
Average Listing Price
$117,855
$121,512
Median Sales Price
$88,771
$63,693
Month supply of inventory
12.9
12.2
Market Time Detached
84 days
265 days
Market Time Attached
0 days
0 days
Inventory
71 properties
74 properties
Low price range
$17,000 – $52,886
$15,000 – $39,347
Low price range market time
54 days
107 days
Low price range units sold
0
2
Low price range bedrooms
3.5
5
Low price range bathrooms
1.6
1.6
Low price range approx sqft
1,593 SF
2,028 SF
Mid price range
$52,887 – $124,385
$39,348 – $91,221
Mid price range market time
49 days
377 days
Mid price range units sold
3
5
Mid price range bedrooms
3.3
3
Mid price range bathrooms
1.7
1.2
Mid price range approx sqft
1,673 SF
1,434 SF
High price range
$124,386 – $160,000
$91,222 – $118,750
High price range market time
168 days
27 days
High price range units sold
2
1
High price range bedrooms
3.5
3
High price range bathrooms
2.1
2
High price range approxsqft
2,259 SF
1,682 SF

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source http://realestatevibe.com/watseka-real-estate-market-update-August-2018/

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