Real Estate In Mount Prospect is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.88 months supply of inventory on the market in Mount Prospect on November 30, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Mount Prospect last month was 29 days.
It took on average 30 days to sell Mount Prospect Condo, Townhouse or a Duplex.
The number of home sales in Mount Prospect from October 1, 2018 through October 31, 2018 was 55 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 $173/Sq.Ft, which is 9% an increase from last month.



In Mount Prospect there were 14 units sold in October in the price range between $90,000 – $189,881 with an average of 1.6 bedrooms and 1.3 bathrooms and average Square footage of 985SF.

In Mount Prospect there were 35 units sold in October in the price range between $189,882 – $444,880 with an average of 3.3 bedrooms and 2 bathrooms and average Square footage of 1,687SF.

In Mount Prospect there were 6 units sold in October in the price range between $444,881 – $600,000 with an average of 3.8 bedrooms and 2.7 bathrooms and average Square footage of 2,815SF.

The low price range had the most activity. Homes up to $189,881 were on the market on average 31 days and sold an average of $128,050.

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
Sep 1, 2018 – Sep 30, 2018
Oct 1, 2018 – Oct 31, 2018
Month
September
October
Average Listing Price
$337,174
$308,011
Median Sales Price
$270,000
$289,762
Month supply of inventory
6
5.9
Market Time Detached
29 days
29 days
Market Time Attached
0 days
30 days
Inventory
4 properties
365 properties
Low price range
$270,000 – $270,000
$90,000 – $189,881
Low price range market time
29 days
31 days
Low price range units sold
0
14
Low price range bedrooms
3
1.6
Low price range bathrooms
2.1
1.3
Low price range approx sqft
1,815 SF
985 SF
Mid price range
$270,001 – $269,999
$189,882 – $444,880
Mid price range market time
0 days
27 days
Mid price range units sold
0
35
Mid price range bedrooms
0
3.3
Mid price range bathrooms
0
2
Mid price range approx sqft
0 SF
1,687 SF
High price range
$270,000 – $270,000
$444,881 – $600,000
High price range market time
29 days
45 days
High price range units sold
1
6
High price range bedrooms
3
3.8
High price range bathrooms
2.1
2.7
High price range approxsqft
1,815 SF
2,815 SF