Arlington Heights Real Estate Market Update December 2018

Real Estate In Arlington Heights is a balanced market favoring buyers. There is significant amount of homes for sale in Arlington Heights, and buyers are not in a rush to buy yet. There is a 6.08 months supply of inventory on the market in Arlington Heights on December 31, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Arlington Heights last month was 45 days.
It took on average 32 days to sell Arlington Heights Condo, Townhouse or a Duplex.
The number of home sales in Arlington Heights from November 1, 2018 through November 30, 2018 was 60 units. That is 1% above the number of homes sold last month in Arlington Heights.

The average price per square foot in the area is now $157/Sq.Ft, which is 3% a decline from last month.

In Arlington Heights there were 20 units sold in November in the price range between $92,000 – $204,183 with an average of 1.8 bedrooms and 1.5 bathrooms and average Square footage of 1,146SF.

In Arlington Heights there were 37 units sold in November in the price range between $204,184 – $858,182 with an average of 3.1 bedrooms and 2.2 bathrooms and average Square footage of 1,887SF.

In Arlington Heights there were 3 units sold in November in the price range between $858,183 – $1,400,000 with an average of 4 bedrooms and 3.4 bathrooms and average Square footage of 4,608SF.

The low price range had the most activity. Homes up to $204,183 were on the market on average 32 days and sold an average of $148,377.

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

Arlington Heights

Oct 1, 2018 – Oct 31, 2018

Nov 1, 2018 – Nov 30, 2018

Month

October

November

Average Listing Price

$384,388

$376,495

Median Sales Price

$326,275

$316,366

Month supply of inventory

6.7

6.1

Market Time Detached

35 days

45 days

Market Time Attached

34 days

32 days

Inventory

744 properties

665 properties

Low price range

$75,500 – $200,888

$92,000 – $204,183

Low price range market time

38 days

32 days

Low price range units sold

0

20

Low price range bedrooms

1.8

1.8

Low price range bathrooms

1.3

1.5

Low price range approx sqft

1,027 SF

1,146 SF

Mid price range

$200,889 – $613,137

$204,184 – $858,182

Mid price range market time

31 days

42 days

Mid price range units sold

51

37

Mid price range bedrooms

3.3

3.1

Mid price range bathrooms

2

2.2

Mid price range approx sqft

2,016 SF

1,887 SF

High price range

$613,138 – $900,000

$858,183 – $1,400,000

High price range market time

48 days

41 days

High price range units sold

8

3

High price range bedrooms

4.5

4

High price range bathrooms

3.4

3.4

High price range approxsqft

3,167 SF

4,608 SF

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