Sugar Grove Real Estate Market Update January 2019


Real Estate In Sugar Grove is a sellers’ market with low inventory of homes in Sugar Grove and a lot of buyer interest. There is a 4.63 months supply of inventory on the market in Sugar Grove on January 31, 2019.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Sugar Grove last month was 56 days.
It took on average 45 days to sell Sugar Grove Condo, Townhouse or a Duplex.
The number of home sales in Sugar Grove from December 1, 2018 through December 31, 2018 was 10 units. That is 1% above the number of homes sold last month in Sugar Grove.

The average price per square foot in the area is now $110/Sq.Ft, which is 8% an increase from last month.



In Sugar Grove there were 5 units sold in December in the price range between $166,000 – $227,420 with an average of 2.8 bedrooms and 1.9 bathrooms and average Square footage of 1,529SF.

In Sugar Grove there were 4 units sold in December in the price range between $227,421 – $544,419 with an average of 3.3 bedrooms and 2.8 bathrooms and average Square footage of 2,181SF.

In Sugar Grove there were 1 units sold in December in the price range between $544,420 – $800,000 with an average of 4 bedrooms and 4 bathrooms and average Square footage of 3,919SF.

The low price range had the most activity. Homes up to $227,420 were on the market on average 43 days and sold an average of $183,900.

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

Sugar Grove
Nov 1, 2018 – Nov 30, 2018
Dec 1, 2018 – Dec 31, 2018
Month
November
December
Average Listing Price
$349,337
$355,590
Median Sales Price
$263,333
$288,840
Month supply of inventory
5.1
4.6
Market Time Detached
40 days
56 days
Market Time Attached
25 days
45 days
Inventory
128 properties
114 properties
Low price range
$108,000 – $185,667
$166,000 – $227,420
Low price range market time
33 days
43 days
Low price range units sold
0
5
Low price range bedrooms
2
2.8
Low price range bathrooms
1.6
1.9
Low price range approx sqft
1,340 SF
1,529 SF
Mid price range
$185,668 – $336,666
$227,421 – $544,419
Mid price range market time
35 days
49 days
Mid price range units sold
14
4
Mid price range bedrooms
3.5
3.3
Mid price range bathrooms
2
2.8
Mid price range approx sqft
2,139 SF
2,181 SF
High price range
$336,667 – $410,000
$544,420 – $800,000
High price range market time
42 days
131 days
High price range units sold
2
1
High price range bedrooms
4
4
High price range bathrooms
3.1
4
High price range approxsqft
2,655 SF
3,919 SF

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

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