Inverness Real Estate Market Update December 2018
Real Estate In Inverness is a very strong buyers market with very large inventory and a low amount of buyers. There is a 12.39 months supply of inventory on the market in Inverness on December 31, 2018.
Now is the Time to Buy!
The average market time for a Single Family Homes to sell in Inverness last month was 40 days.
It took on average 88 days to sell Inverness Condo, Townhouse or a Duplex.
The number of home sales in Inverness from November 1, 2018 through November 30, 2018 was 10 units. That is 1% above the number of homes sold last month in Inverness.
The average price per square foot in the area is now $127/Sq.Ft, which is 12% a decline from last month.
In Inverness there were 2 units sold in November in the price range between $220,000 – $349,495 with an average of 2.5 bedrooms and 2.6 bathrooms and average Square footage of 1,350SF.
In Inverness there were 7 units sold in November in the price range between $349,496 – $801,994 with an average of 3.4 bedrooms and 2.9 bathrooms and average Square footage of 3,386SF.
In Inverness there were 1 units sold in November in the price range between $801,995 – $1,125,000 with an average of 6 bedrooms and 6.1 bathrooms and average Square footage of 9,360SF.
The low price range had the most activity. Homes up to $349,495 were on the market on average 34 days and sold an average of $244,000.
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 Inverness. Search all Inverness homes for Sale on propertyup.com If you are considering viewing Inverness, you may want to do so now!
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source http://realestatevibe.com/inverness-real-estate-market-update-December-2018/
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