Real Estate In Algonquin is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.31 months supply of inventory on the market in Algonquin on December 31, 1969.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Algonquin last month was 38 days. It took on average 41 days to sell Algonquin Condo, Townhouse or a Duplex.
The number of home sales in Algonquin from October 1, 2019 through October 31, 2019 was 57 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 $107/Sq.Ft, which is 10% a decline from last month.


In Algonquin there were 20 units sold in October in the price range between $147,500 – $200,227 with an average of 2.4 bedrooms and 1.7 bathrooms and average Square footage of 1,442SF.

In Algonquin there were 34 units sold in October in the price range between $200,228 – $366,476 with an average of 3.8 bedrooms and 2.3 bathrooms and average Square footage of 2,295SF.

In Algonquin there were 3 units sold in October in the price range between $366,477 – $480,000 with an average of 4.7 bedrooms and 4.1 bathrooms and average Square footage of 3,694SF.

The low price range had the most activity. Homes up to $200,227 were on the market on average 43 days and sold an average of $173,665.

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
Sep 1, 2019 – Sep 30, 2019
Oct 1, 2019 – Oct 31, 2019
Month
September
October
Average Listing Price
$289,553
$288,342
Median Sales Price
$276,877
$252,954
Month supply of inventory
5.3
5.3
Market Time Detached
44 days
38 days
Market Time Attached
28 days
41 days
Inventory
311 properties
313 properties
Low price range
$73,375 – $175,126
$147,500 – $200,227
Low price range market time
24 days
43 days
Low price range units sold
0
20
Low price range bedrooms
2.4
2.4
Low price range bathrooms
1.7
1.7
Low price range approx sqft
1,382 SF
1,442 SF
Mid price range
$175,127 – $473,438
$200,228 – $366,476
Mid price range market time
43 days
39 days
Mid price range units sold
38
34
Mid price range bedrooms
3.5
3.8
Mid price range bathrooms
2.5
2.3
Mid price range approx sqft
2,297 SF
2,295 SF
High price range
$473,439 – $670,000
$366,477 – $480,000
High price range market time
34 days
9 days
High price range units sold
3
3
High price range bedrooms
5.3
4.7
High price range bathrooms
3.8
4.1
High price range approxsqft
4,883 SF
3,694 SF