Sterling Real Estate Market Update October 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 5.81 months supply of inventory on the market in Sterling on October 31, 2018.
Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Sterling last month was 42 days.
The number of home sales in Sterling from September 1, 2018 through September 30, 2018 was 19 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 $57/Sq.Ft, which is 0% an increase from last month.
In Sterling there were 4 units sold in September in the price range between $33,500 – $63,932 with an average of 3 bedrooms and 1.3 bathrooms and average Square footage of 1,206SF.
In Sterling there were 11 units sold in September in the price range between $63,933 – $137,931 with an average of 3.2 bedrooms and 1.1 bathrooms and average Square footage of 1,212SF.
In Sterling there were 4 units sold in September in the price range between $137,932 – $181,500 with an average of 3.8 bedrooms and 2.6 bathrooms and average Square footage of 2,177SF.
The middle price range had the most activity. Homes up to $137,931 were on the market on average 68 days and sold an average of $83,036.
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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