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!