Long Grove Real Estate Market Update December 2018


Real Estate In Long Grove is a strong buyers market. Plenty of homes for sale in Long Grove and a lot of opportunity to gargan hard for the buyers. There is a 9.48 months supply of inventory on the market in Long Grove on December 31, 2018.



Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Long Grove last month was 64 days.
The number of home sales in Long Grove from November 1, 2018 through November 30, 2018 was 7 units. That is 1% above the number of homes sold last month in Long Grove.

The average price per square foot in the area is now $136/Sq.Ft, which is 14% an increase from last month.



In Long Grove there were 3 units sold in November in the price range between $475,000 – $552,571 with an average of 3.3 bedrooms and 2.5 bathrooms and average Square footage of 2,651SF.

In Long Grove there were 3 units sold in November in the price range between $552,572 – $782,570 with an average of 4.7 bedrooms and 4.1 bathrooms and average Square footage of 5,374SF.

In Long Grove there were 1 units sold in November in the price range between $782,571 – $935,000 with an average of 4 bedrooms and 5 bathrooms and average Square footage of 5,194SF.

The low price range had the most activity. Homes up to $552,571 were on the market on average 42 days and sold an average of $515,333.

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

Long Grove
Oct 1, 2018 – Oct 31, 2018
Nov 1, 2018 – Nov 30, 2018
Month
October
November
Average Listing Price
$836,573
$841,323
Median Sales Price
$564,187
$630,142
Month supply of inventory
11.2
9.5
Market Time Detached
49 days
64 days
Market Time Attached
0 days
0 days
Inventory
190 properties
166 properties
Low price range
$440,000 – $502,094
$475,000 – $552,571
Low price range market time
67 days
42 days
Low price range units sold
0
3
Low price range bedrooms
4
3.3
Low price range bathrooms
2.1
2.5
Low price range approx sqft
3,371 SF
2,651 SF
Mid price range
$502,095 – $669,593
$552,572 – $782,570
Mid price range market time
47 days
83 days
Mid price range units sold
3
3
Mid price range bedrooms
4
4.7
Mid price range bathrooms
3.1
4.1
Mid price range approx sqft
3,735 SF
5,374 SF
High price range
$669,594 – $775,000
$782,571 – $935,000
High price range market time
27 days
70 days
High price range units sold
2
1
High price range bedrooms
5
4
High price range bathrooms
4.2
5
High price range approxsqft
5,298 SF
5,194 SF

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source http://realestatevibe.com/long-grove-real-estate-market-update-December-2018/

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