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 6.27 months supply of inventory on the market in Mount Prospect on December 31, 1969.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Mount Prospect last month was 46 days. It took on average 39 days to sell Mount Prospect Condo, Townhouse or a Duplex.
The number of home sales in Mount Prospect from October 1, 2019 through October 31, 2019 was 51 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 7% an increase from last month.


In Mount Prospect there were 8 units sold in October in the price range between $120,000 – $206,365 with an average of 2 bedrooms and 1.7 bathrooms and average Square footage of 1,147SF.

In Mount Prospect there were 36 units sold in October in the price range between $206,366 – $412,364 with an average of 3.2 bedrooms and 2 bathrooms and average Square footage of 1,643SF.

In Mount Prospect there were 7 units sold in October in the price range between $412,365 – $532,000 with an average of 3.6 bedrooms and 2.4 bathrooms and average Square footage of 2,385SF.

The low price range had the most activity. Homes up to $206,365 were on the market on average 47 days and sold an average of $150,562.

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, 2019 – Sep 30, 2019
Oct 1, 2019 – Oct 31, 2019
Month
September
October
Average Listing Price
$329,358
$320,376
Median Sales Price
$282,319
$292,730
Month supply of inventory
6.7
6.3
Market Time Detached
25 days
46 days
Market Time Attached
52 days
39 days
Inventory
423 properties
389 properties
Low price range
$75,075 – $178,697
$120,000 – $206,365
Low price range market time
55 days
47 days
Low price range units sold
0
8
Low price range bedrooms
2.3
2
Low price range bathrooms
1.7
1.7
Low price range approx sqft
1,084 SF
1,147 SF
Mid price range
$178,698 – $508,659
$206,366 – $412,364
Mid price range market time
35 days
49 days
Mid price range units sold
62
36
Mid price range bedrooms
2.9
3.2
Mid price range bathrooms
1.9
2
Mid price range approx sqft
1,534 SF
1,643 SF
High price range
$508,660 – $735,000
$412,365 – $532,000
High price range market time
16 days
22 days
High price range units sold
3
7
High price range bedrooms
4
3.6
High price range bathrooms
3.1
2.4
High price range approxsqft
3,403 SF
2,385 SF