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 6.09 months supply of inventory on the market in Mount Prospect on May 31, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Mount Prospect last month was 31 days.
It took on average 69 days to sell Mount Prospect Condo, Townhouse or a Duplex.
The number of home sales in Mount Prospect from April 1, 2018 through April 30, 2018 was 77 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 $160/Sq.Ft, which is 2% a decline from last month.



In Mount Prospect there were 18 units sold in April in the price range between $88,300 – $190,804 with an average of 1.9 bedrooms and 1.6 bathrooms and average Square footage of 1,226SF.

In Mount Prospect there were 51 units sold in April in the price range between $190,805 – $459,153 with an average of 3.1 bedrooms and 1.9 bathrooms and average Square footage of 1,627SF.

In Mount Prospect there were 8 units sold in April in the price range between $459,154 – $625,000 with an average of 4 bedrooms and 2.6 bathrooms and average Square footage of 2,618SF.

The low price range had the most activity. Homes up to $190,804 were on the market on average 62 days and sold an average of $142,016.

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
Mar 1, 2018 – Mar 31, 2018
Apr 1, 2018 – Apr 30, 2018
Month
March
April
Average Listing Price
$314,599
$316,049
Median Sales Price
$296,938
$293,308
Month supply of inventory
5.7
6.1
Market Time Detached
48 days
31 days
Market Time Attached
33 days
69 days
Inventory
338 properties
372 properties
Low price range
$96,000 – $196,469
$88,300 – $190,804
Low price range market time
44 days
62 days
Low price range units sold
0
18
Low price range bedrooms
2.3
1.9
Low price range bathrooms
1.5
1.6
Low price range approx sqft
1,363 SF
1,226 SF
Mid price range
$196,470 – $398,418
$190,805 – $459,153
Mid price range market time
49 days
43 days
Mid price range units sold
32
51
Mid price range bedrooms
3.2
3.1
Mid price range bathrooms
1.9
1.9
Mid price range approx sqft
1,571 SF
1,627 SF
High price range
$398,419 – $499,900
$459,154 – $625,000
High price range market time
12 days
35 days
High price range units sold
6
8
High price range bedrooms
3.8
4
High price range bathrooms
2.4
2.6
High price range approxsqft
2,528 SF
2,618 SF