Real Estate In Mount Prospect is a sellers’ market with low inventory of homes in Mount Prospect and a lot of buyer interest. There is a 4.16 months supply of inventory on the market in Mount Prospect on January 31, 2019.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Mount Prospect last month was 45 days. It took on average 48 days to sell Mount Prospect Condo, Townhouse or a Duplex.
The number of home sales in Mount Prospect from December 1, 2018 through December 31, 2018 was 47 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 $145/Sq.Ft, which is 12% a decline from last month.


In Mount Prospect there were 12 units sold in December in the price range between $83,000 – $164,050 with an average of 1.4 bedrooms and 1.3 bathrooms and average Square footage of 1,050SF.

In Mount Prospect there were 32 units sold in December in the price range between $164,051 – $382,549 with an average of 3.1 bedrooms and 1.9 bathrooms and average Square footage of 1,590SF.

In Mount Prospect there were 3 units sold in December in the price range between $382,550 – $520,000 with an average of 4 bedrooms and 2.7 bathrooms and average Square footage of 2,470SF.

The low price range had the most activity. Homes up to $164,050 were on the market on average 51 days and sold an average of $124,064.

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
Nov 1, 2018 – Nov 30, 2018
Dec 1, 2018 – Dec 31, 2018
Month
November
December
Average Listing Price
$307,818
$318,602
Median Sales Price
$272,194
$245,099
Month supply of inventory
5.1
4.2
Market Time Detached
38 days
45 days
Market Time Attached
43 days
48 days
Inventory
313 properties
253 properties
Low price range
$103,000 – $187,597
$83,000 – $164,050
Low price range market time
41 days
51 days
Low price range units sold
0
12
Low price range bedrooms
1.9
1.4
Low price range bathrooms
1.4
1.3
Low price range approx sqft
1,128 SF
1,050 SF
Mid price range
$187,598 – $366,096
$164,051 – $382,549
Mid price range market time
43 days
48 days
Mid price range units sold
19
32
Mid price range bedrooms
3.3
3.1
Mid price range bathrooms
2.2
1.9
Mid price range approx sqft
1,656 SF
1,590 SF
High price range
$366,097 – $460,000
$382,550 – $520,000
High price range market time
26 days
20 days
High price range units sold
5
3
High price range bedrooms
4.2
4
High price range bathrooms
2.5
2.7
High price range approxsqft
3,027 SF
2,470 SF