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!