Downers Grove Real Estate Market Update November 2018
Real Estate In Downers Grove is a balanced market favoring buyers. There is significant amount of homes for sale in Downers Grove, and buyers are not in a rush to buy yet. There is a 6.58 months supply of inventory on the market in Downers Grove on November 30, 2018.
Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Downers Grove last month was 44 days.
It took on average 31 days to sell Downers Grove Condo, Townhouse or a Duplex.
The number of home sales in Downers Grove from October 1, 2018 through October 31, 2018 was 70 units. That is 1% above the number of homes sold last month in Downers Grove.
The average price per square foot in the area is now $147/Sq.Ft, which is 8% an increase from last month.
In Downers Grove there were 20 units sold in October in the price range between $77,000 – $205,896 with an average of 1.9 bedrooms and 1.4 bathrooms and average Square footage of 1,073SF.
In Downers Grove there were 46 units sold in October in the price range between $205,897 – $822,395 with an average of 3.1 bedrooms and 2 bathrooms and average Square footage of 1,751SF.
In Downers Grove there were 4 units sold in October in the price range between $822,396 – $1,310,000 with an average of 4.8 bedrooms and 4.6 bathrooms and average Square footage of 4,687SF.
The low price range had the most activity. Homes up to $205,896 were on the market on average 38 days and sold an average of $143,432.
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 Downers Grove. Search all Downers Grove homes for Sale on propertyup.com If you are considering viewing Downers Grove, you may want to do so now!
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source http://realestatevibe.com/downers-grove-real-estate-market-update-November-2018/
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