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 6.72 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 25 days. It took on average 52 days to sell Mount Prospect Condo, Townhouse or a Duplex.
The number of home sales in Mount Prospect from September 1, 2019 through September 30, 2019 was 75 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 $159/Sq.Ft, which is 6% a decline from last month.


In Mount Prospect there were 10 units sold in September in the price range between $75,075 – $178,697 with an average of 2.3 bedrooms and 1.7 bathrooms and average Square footage of 1,084SF.

In Mount Prospect there were 62 units sold in September in the price range between $178,698 – $508,659 with an average of 2.9 bedrooms and 1.9 bathrooms and average Square footage of 1,534SF.

In Mount Prospect there were 3 units sold in September in the price range between $508,660 – $735,000 with an average of 4 bedrooms and 3.1 bathrooms and average Square footage of 3,403SF.

The low price range had the most activity. Homes up to $178,697 were on the market on average 55 days and sold an average of $143,807.

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
Aug 1, 2019 – Aug 31, 2019
Sep 1, 2019 – Sep 30, 2019
Month
August
September
Average Listing Price
$331,701
$329,358
Median Sales Price
$302,260
$282,319
Month supply of inventory
7.8
6.7
Market Time Detached
39 days
25 days
Market Time Attached
52 days
52 days
Inventory
466 properties
423 properties
Low price range
$81,500 – $191,880
$75,075 – $178,697
Low price range market time
54 days
55 days
Low price range units sold
0
10
Low price range bedrooms
2.1
2.3
Low price range bathrooms
1.8
1.7
Low price range approx sqft
1,203 SF
1,084 SF
Mid price range
$191,881 – $472,129
$178,698 – $508,659
Mid price range market time
43 days
35 days
Mid price range units sold
47
62
Mid price range bedrooms
3.2
2.9
Mid price range bathrooms
1.9
1.9
Mid price range approx sqft
1,586 SF
1,534 SF
High price range
$472,130 – $642,000
$508,660 – $735,000
High price range market time
31 days
16 days
High price range units sold
10
3
High price range bedrooms
4
4
High price range bathrooms
2.8
3.1
High price range approxsqft
2,824 SF
3,403 SF