Real Estate In Inverness is a very strong buyers market with very large inventory and a low amount of buyers. There is a 14.38 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 85 days.
It took on average 33 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 8 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 $148/Sq.Ft, which is 4% an increase from last month.



In Inverness there were 2 units sold in November in the price range between $315,000 – $437,813 with an average of 3.5 bedrooms and 2.6 bathrooms and average Square footage of 2,497SF.

In Inverness there were 3 units sold in November in the price range between $437,814 – $667,812 with an average of 4.3 bedrooms and 3.5 bathrooms and average Square footage of 3,597SF.

In Inverness there were 3 units sold in November in the price range between $667,813 – $775,000 with an average of 4.3 bedrooms and 3.5 bathrooms and average Square footage of 4,434SF.

The high price range had the most activity. Homes up to $775,000 were on the market on average 71 days and sold an average of $718,333.

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
$740,534
$729,646
Median Sales Price
$560,625
$560,625
Month supply of inventory
14.7
14.4
Market Time Detached
85 days
85 days
Market Time Attached
33 days
33 days
Inventory
157 properties
154 properties
Low price range
$315,000 – $437,813
$315,000 – $437,813
Low price range market time
84 days
84 days
Low price range units sold
0
2
Low price range bedrooms
3.5
3.5
Low price range bathrooms
2.6
2.6
Low price range approx sqft
2,497 SF
2,497 SF
Mid price range
$437,814 – $667,812
$437,814 – $667,812
Mid price range market time
67 days
67 days
Mid price range units sold
3
3
Mid price range bedrooms
4.3
4.3
Mid price range bathrooms
3.5
3.5
Mid price range approx sqft
3,763 SF
3,597 SF
High price range
$667,813 – $775,000
$667,813 – $775,000
High price range market time
71 days
71 days
High price range units sold
3
3
High price range bedrooms
4.3
4.3
High price range bathrooms
3.5
3.5
High price range approxsqft
4,434 SF
4,434 SF