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 6.6 months supply of inventory on the market in Mount Prospect on September 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 35 days.
It took on average 32 days to sell Mount Prospect Condo, Townhouse or a Duplex.
The number of home sales in Mount Prospect from August 1, 2018 through August 31, 2018 was 66 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 $162/Sq.Ft, which is 0% an increase from last month.



In Mount Prospect there were 12 units sold in August in the price range between $93,000 – $193,889 with an average of 2 bedrooms and 1.4 bathrooms and average Square footage of 1,166SF.

In Mount Prospect there were 50 units sold in August in the price range between $193,890 – $432,388 with an average of 3.3 bedrooms and 1.9 bathrooms and average Square footage of 1,898SF.

In Mount Prospect there were 4 units sold in August in the price range between $432,389 – $570,000 with an average of 4 bedrooms and 2.3 bathrooms and average Square footage of 2,479SF.

The low price range had the most activity. Homes up to $193,889 were on the market on average 22 days and sold an average of $142,083.

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
Jul 1, 2018 – Jul 31, 2018
Aug 1, 2018 – Aug 31, 2018
Month
July
August
Average Listing Price
$399,900
$345,575
Median Sales Price
Any
$294,777
Month supply of inventory
12
6.6
Market Time Detached
0 days
35 days
Market Time Attached
0 days
32 days
Inventory
1 properties
414 properties
Low price range
Any – Any
$93,000 – $193,889
Low price range market time
0 days
22 days
Low price range units sold
0
12
Low price range bedrooms
0
2
Low price range bathrooms
0
1.4
Low price range approx sqft
0 SF
1,166 SF
Mid price range
$1 – $-1
$193,890 – $432,388
Mid price range market time
0 days
35 days
Mid price range units sold
0
50
Mid price range bedrooms
0
3.3
Mid price range bathrooms
0
1.9
Mid price range approx sqft
0 SF
1,898 SF
High price range
Any – Any
$432,389 – $570,000
High price range market time
0 days
68 days
High price range units sold
0
4
High price range bedrooms
0
4
High price range bathrooms
0
2.3
High price range approxsqft
0 SF
2,479 SF