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 7.76 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 30 days. It took on average 26 days to sell Mount Prospect Condo, Townhouse or a Duplex.
The number of home sales in Mount Prospect from June 1, 2019 through June 30, 2019 was 86 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 $169/Sq.Ft, which is 5% a decline from last month.


In Mount Prospect there were 13 units sold in June in the price range between $72,000 – $190,536 with an average of 1.8 bedrooms and 1.7 bathrooms and average Square footage of 1,202SF.

In Mount Prospect there were 70 units sold in June in the price range between $190,537 – $545,535 with an average of 3.2 bedrooms and 2 bathrooms and average Square footage of 1,718SF.

In Mount Prospect there were 3 units sold in June in the price range between $545,536 – $782,000 with an average of 4.7 bedrooms and 3.4 bathrooms and average Square footage of 3,533SF.

The low price range had the most activity. Homes up to $190,536 were on the market on average 21 days and sold an average of $152,192.

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
May 1, 2019 – May 31, 2019
Jun 1, 2019 – Jun 30, 2019
Month
May
June
Average Listing Price
$337,651
$334,407
Median Sales Price
$324,011
$309,072
Month supply of inventory
7.7
7.8
Market Time Detached
41 days
30 days
Market Time Attached
28 days
26 days
Inventory
462 properties
470 properties
Low price range
$81,000 – $202,506
$72,000 – $190,536
Low price range market time
39 days
21 days
Low price range units sold
0
13
Low price range bedrooms
2.3
1.8
Low price range bathrooms
1.6
1.7
Low price range approx sqft
1,184 SF
1,202 SF
Mid price range
$202,507 – $524,505
$190,537 – $545,535
Mid price range market time
33 days
30 days
Mid price range units sold
64
70
Mid price range bedrooms
3.2
3.2
Mid price range bathrooms
1.9
2
Mid price range approx sqft
1,789 SF
1,718 SF
High price range
$524,506 – $725,000
$545,536 – $782,000
High price range market time
67 days
49 days
High price range units sold
8
3
High price range bedrooms
4.4
4.7
High price range bathrooms
2.7
3.4
High price range approxsqft
3,279 SF
3,533 SF