Real Estate In Algonquin is a sellers’ market with low inventory of homes in Algonquin and a lot of buyer interest. There is a 4.67 months supply of inventory on the market in Algonquin on December 31, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Algonquin last month was 44 days.
It took on average 71 days to sell Algonquin Condo, Townhouse or a Duplex.
The number of home sales in Algonquin from November 1, 2018 through November 30, 2018 was 51 units. That is 1% above the number of homes sold last month in Algonquin.

The average price per square foot in the area is now $114/Sq.Ft, which is 13% an increase from last month.



In Algonquin there were 13 units sold in November in the price range between $115,000 – $190,787 with an average of 2 bedrooms and 1.5 bathrooms and average Square footage of 1,395SF.

In Algonquin there were 31 units sold in November in the price range between $190,788 – $375,786 with an average of 3.4 bedrooms and 2.2 bathrooms and average Square footage of 2,150SF.

In Algonquin there were 7 units sold in November in the price range between $375,787 – $485,000 with an average of 4 bedrooms and 2.7 bathrooms and average Square footage of 3,034SF.

The low price range had the most activity. Homes up to $190,787 were on the market on average 61 days and sold an average of $152,530.

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 Algonquin. Search all Algonquin homes for Sale on propertyup.com If you are considering viewing Algonquin, you may want to do so now!

Algonquin
Oct 1, 2018 – Oct 31, 2018
Nov 1, 2018 – Nov 30, 2018
Month
October
November
Average Listing Price
$288,504
$286,335
Median Sales Price
$237,770
$266,573
Month supply of inventory
5.1
4.7
Market Time Detached
36 days
44 days
Market Time Attached
35 days
71 days
Inventory
301 properties
278 properties
Low price range
$70,000 – $153,885
$115,000 – $190,787
Low price range market time
43 days
61 days
Low price range units sold
0
13
Low price range bedrooms
2
2
Low price range bathrooms
1.6
1.5
Low price range approx sqft
1,045 SF
1,395 SF
Mid price range
$153,886 – $386,384
$190,788 – $375,786
Mid price range market time
36 days
55 days
Mid price range units sold
57
31
Mid price range bedrooms
3.2
3.4
Mid price range bathrooms
2
2.2
Mid price range approx sqft
2,014 SF
2,150 SF
High price range
$386,385 – $535,000
$375,787 – $485,000
High price range market time
4 days
25 days
High price range units sold
1
7
High price range bedrooms
5
4
High price range bathrooms
4.1
2.7
High price range approxsqft
3,350 SF
3,034 SF