Lombard Real Estate Market Update November 2018
Real Estate In Lombard is a sellers’ market with low inventory of homes in Lombard and a lot of buyer interest. There is a 4.79 months supply of inventory on the market in Lombard on November 30, 2018.
Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Lombard last month was 28 days.
It took on average 25 days to sell Lombard Condo, Townhouse or a Duplex.
The number of home sales in Lombard from October 1, 2018 through October 31, 2018 was 42 units. That is 1% above the number of homes sold last month in Lombard.
The average price per square foot in the area is now $129/Sq.Ft, which is 0% an increase from last month.
In Lombard there were 9 units sold in October in the price range between $90,000 – $162,009 with an average of 2.1 bedrooms and 1.3 bathrooms and average Square footage of 1,245SF.
In Lombard there were 31 units sold in October in the price range between $162,010 – $381,008 with an average of 3.2 bedrooms and 1.8 bathrooms and average Square footage of 1,498SF.
In Lombard there were 2 units sold in October in the price range between $381,009 – $528,000 with an average of 4.5 bedrooms and 3.1 bathrooms and average Square footage of 1,545SF.
The low price range had the most activity. Homes up to $162,009 were on the market on average 28 days and sold an average of $113,116.
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 Lombard. Search all Lombard homes for Sale on propertyup.com If you are considering viewing Lombard, you may want to do so now!
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source http://realestatevibe.com/lombard-real-estate-market-update-November-2018/
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