Real Estate In Mount Prospect is a balanced market favoring buyers. There is significant amount of homes for sale in Mount Prospect, and buyers are not in a rush to buy yet. There is a 8.25 months supply of inventory on the market in Mount Prospect on December 31, 1969.
Now is the Time to Buy! The average market time for a Single Family Homes to sell in Mount Prospect last month was 25 days. It took on average 29 days to sell Mount Prospect Condo, Townhouse or a Duplex.
The number of home sales in Mount Prospect from July 1, 2019 through July 31, 2019 was 60 units. That is 1% above the number of homes sold last month in Mount Prospect.
The average price per square foot in the area is now $163/Sq.Ft, which is 4% a decline from last month.


In Mount Prospect there were 13 units sold in July in the price range between $92,500 – $191,865 with an average of 2 bedrooms and 1.4 bathrooms and average Square footage of 1,043SF.

In Mount Prospect there were 43 units sold in July in the price range between $191,866 – $520,614 with an average of 3.3 bedrooms and 1.9 bathrooms and average Square footage of 1,755SF.

In Mount Prospect there were 4 units sold in July in the price range between $520,615 – $750,000 with an average of 4.5 bedrooms and 3.6 bathrooms and average Square footage of 3,333SF.

The low price range had the most activity. Homes up to $191,865 were on the market on average 20 days and sold an average of $135,046.

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

Mount Prospect
Jun 1, 2019 – Jun 30, 2019
Jul 1, 2019 – Jul 31, 2019
Month
June
July
Average Listing Price
$334,407
$336,714
Median Sales Price
$309,072
$291,230
Month supply of inventory
7.8
8.3
Market Time Detached
30 days
25 days
Market Time Attached
26 days
29 days
Inventory
470 properties
491 properties
Low price range
$72,000 – $190,536
$92,500 – $191,865
Low price range market time
21 days
20 days
Low price range units sold
0
13
Low price range bedrooms
1.8
2
Low price range bathrooms
1.7
1.4
Low price range approx sqft
1,202 SF
1,043 SF
Mid price range
$190,537 – $545,535
$191,866 – $520,614
Mid price range market time
30 days
29 days
Mid price range units sold
70
43
Mid price range bedrooms
3.2
3.3
Mid price range bathrooms
2
1.9
Mid price range approx sqft
1,718 SF
1,755 SF
High price range
$545,536 – $782,000
$520,615 – $750,000
High price range market time
49 days
25 days
High price range units sold
3
4
High price range bedrooms
4.7
4.5
High price range bathrooms
3.4
3.6
High price range approxsqft
3,533 SF
3,333 SF