Elburn Real Estate Market Update December 2018
Real Estate In Elburn is a balanced market favoring buyers. There is significant amount of homes for sale in Elburn, and buyers are not in a rush to buy yet. There is a 6.49 months supply of inventory on the market in Elburn on December 31, 2018.
Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Elburn last month was 60 days.
The number of home sales in Elburn from November 1, 2018 through November 30, 2018 was 7 units. That is 1% above the number of homes sold last month in Elburn.
The average price per square foot in the area is now $120/Sq.Ft, which is 19% an increase from last month.
In Elburn there were 2 units sold in November in the price range between $229,000 – $275,286 with an average of 4 bedrooms and 2.1 bathrooms and average Square footage of 2,183SF.
In Elburn there were 4 units sold in November in the price range between $275,287 – $388,285 with an average of 4 bedrooms and 2.8 bathrooms and average Square footage of 2,819SF.
In Elburn there were 1 units sold in November in the price range between $388,286 – $455,000 with an average of 5 bedrooms and 4.1 bathrooms and average Square footage of 4,979SF.
The low price range had the most activity. Homes up to $275,286 were on the market on average 81 days and sold an average of $252,000.
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 Elburn. Search all Elburn homes for Sale on propertyup.com If you are considering viewing Elburn, you may want to do so now!
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source http://realestatevibe.com/elburn-real-estate-market-update-December-2018/
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