Mchenry Real Estate Market Update December 2018


Real Estate In Mchenry is a sellers’ market with low inventory of homes in Mchenry and a lot of buyer interest. There is a 4.74 months supply of inventory on the market in Mchenry on December 31, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Mchenry last month was 45 days.
It took on average 72 days to sell Mchenry Condo, Townhouse or a Duplex.
The number of home sales in Mchenry from November 1, 2018 through November 30, 2018 was 68 units. That is 1% above the number of homes sold last month in Mchenry.

The average price per square foot in the area is now $89/Sq.Ft, which is 2% an increase from last month.



In Mchenry there were 14 units sold in November in the price range between $65,000 – $131,606 with an average of 2.1 bedrooms and 1.5 bathrooms and average Square footage of 1,069SF.

In Mchenry there were 50 units sold in November in the price range between $131,607 – $379,105 with an average of 3.1 bedrooms and 1.8 bathrooms and average Square footage of 1,647SF.

In Mchenry there were 4 units sold in November in the price range between $379,106 – $560,000 with an average of 4 bedrooms and 3.1 bathrooms and average Square footage of 4,105SF.

The low price range had the most activity. Homes up to $131,606 were on the market on average 51 days and sold an average of $105,000.

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

Mchenry
Oct 1, 2018 – Oct 31, 2018
Nov 1, 2018 – Nov 30, 2018
Month
October
November
Average Listing Price
$258,604
$261,132
Median Sales Price
$186,445
$198,212
Month supply of inventory
5.6
4.7
Market Time Detached
60 days
45 days
Market Time Attached
24 days
72 days
Inventory
490 properties
429 properties
Low price range
$49,900 – $118,173
$65,000 – $131,606
Low price range market time
61 days
51 days
Low price range units sold
0
14
Low price range bedrooms
2.2
2.1
Low price range bathrooms
1.2
1.5
Low price range approx sqft
1,099 SF
1,069 SF
Mid price range
$118,174 – $285,172
$131,607 – $379,105
Mid price range market time
49 days
49 days
Mid price range units sold
52
50
Mid price range bedrooms
3.1
3.1
Mid price range bathrooms
2
1.8
Mid price range approx sqft
1,696 SF
1,647 SF
High price range
$285,173 – $383,900
$379,106 – $560,000
High price range market time
79 days
54 days
High price range units sold
6
4
High price range bedrooms
4
4
High price range bathrooms
2.6
3.1
High price range approxsqft
3,192 SF
4,105 SF

The post Mchenry Real Estate Market Update December 2018 appeared first on Real Estate Vibe - Property Up.



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

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