Spring Grove Real Estate Market Update January 2019


Real Estate In Spring Grove is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.17 months supply of inventory on the market in Spring Grove on January 31, 2019.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Spring Grove last month was 59 days.
The number of home sales in Spring Grove from December 1, 2018 through December 31, 2018 was 10 units. That is 1% above the number of homes sold last month in Spring Grove.

The average price per square foot in the area is now $97/Sq.Ft, which is 20% a decline from last month.



In Spring Grove there were 3 units sold in December in the price range between $145,000 – $194,875 with an average of 3 bedrooms and 2.4 bathrooms and average Square footage of 1,617SF.

In Spring Grove there were 5 units sold in December in the price range between $194,876 – $319,874 with an average of 3.6 bedrooms and 2.3 bathrooms and average Square footage of 2,742SF.

In Spring Grove there were 2 units sold in December in the price range between $319,875 – $395,000 with an average of 4 bedrooms and 3.1 bathrooms and average Square footage of 2,450SF.

The low price range had the most activity. Homes up to $194,875 were on the market on average 92 days and sold an average of $156,666.

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

Spring Grove
Nov 1, 2018 – Nov 30, 2018
Dec 1, 2018 – Dec 31, 2018
Month
November
December
Average Listing Price
$321,947
$293,213
Median Sales Price
$333,321
$244,750
Month supply of inventory
5.6
5.2
Market Time Detached
60 days
59 days
Market Time Attached
0 days
0 days
Inventory
161 properties
147 properties
Low price range
$130,000 – $231,661
$145,000 – $194,875
Low price range market time
42 days
92 days
Low price range units sold
0
3
Low price range bedrooms
3.5
3
Low price range bathrooms
2.6
2.4
Low price range approx sqft
1,945 SF
1,617 SF
Mid price range
$231,662 – $716,660
$194,876 – $319,874
Mid price range market time
41 days
43 days
Mid price range units sold
13
5
Mid price range bedrooms
4.2
3.6
Mid price range bathrooms
2.6
2.3
Mid price range approx sqft
2,789 SF
2,742 SF
High price range
$716,661 – $1,100,000
$319,875 – $395,000
High price range market time
358 days
54 days
High price range units sold
1
2
High price range bedrooms
5
4
High price range bathrooms
4.1
3.1
High price range approxsqft
6,000 SF
2,450 SF

The post Spring Grove Real Estate Market Update January 2019 appeared first on Real Estate Vibe - Property Up.



source https://realestatevibe.com/spring-grove-real-estate-market-update-January-2019/

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