Real Estate In Inverness is a very strong buyers market with very large inventory and a low amount of buyers. There is a 12.39 months supply of inventory on the market in Inverness on December 31, 2018.



Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Inverness last month was 40 days.
It took on average 88 days to sell Inverness Condo, Townhouse or a Duplex.
The number of home sales in Inverness from November 1, 2018 through November 30, 2018 was 10 units. That is 1% above the number of homes sold last month in Inverness.

The average price per square foot in the area is now $127/Sq.Ft, which is 15% a decline from last month.



In Inverness there were 2 units sold in November in the price range between $220,000 – $349,495 with an average of 2.5 bedrooms and 2.6 bathrooms and average Square footage of 1,350SF.

In Inverness there were 7 units sold in November in the price range between $349,496 – $801,994 with an average of 3.4 bedrooms and 2.9 bathrooms and average Square footage of 3,386SF.

In Inverness there were 1 units sold in November in the price range between $801,995 – $1,125,000 with an average of 6 bedrooms and 6.1 bathrooms and average Square footage of 9,360SF.

The low price range had the most activity. Homes up to $349,495 were on the market on average 34 days and sold an average of $244,000.

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

Inverness
Oct 1, 2018 – Oct 31, 2018
Nov 1, 2018 – Nov 30, 2018
Month
October
November
Average Listing Price
$732,931
$722,257
Median Sales Price
$560,625
$478,990
Month supply of inventory
14.4
12.4
Market Time Detached
85 days
40 days
Market Time Attached
33 days
88 days
Inventory
154 properties
133 properties
Low price range
$315,000 – $437,813
$220,000 – $349,495
Low price range market time
84 days
34 days
Low price range units sold
0
2
Low price range bedrooms
3.5
2.5
Low price range bathrooms
2.6
2.6
Low price range approx sqft
2,497 SF
1,350 SF
Mid price range
$437,814 – $667,812
$349,496 – $801,994
Mid price range market time
67 days
77 days
Mid price range units sold
3
7
Mid price range bedrooms
4.3
3.4
Mid price range bathrooms
3.5
2.9
Mid price range approx sqft
3,597 SF
3,386 SF
High price range
$667,813 – $775,000
$801,995 – $1,125,000
High price range market time
71 days
41 days
High price range units sold
3
1
High price range bedrooms
4.3
6
High price range bathrooms
3.5
6.1
High price range approxsqft
4,434 SF
9,360 SF