Real Estate In Island Lake is a sellers’ market with low inventory of homes in Island Lake and a lot of buyer interest. There is a 4.97 months supply of inventory on the market in Island Lake on October 31, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Island Lake last month was 33 days.
It took on average 44 days to sell Island Lake Condo, Townhouse or a Duplex.
The number of home sales in Island Lake from September 1, 2018 through September 30, 2018 was 24 units. That is 1% above the number of homes sold last month in Island Lake.

The average price per square foot in the area is now $80/Sq.Ft, which is 0% an increase from last month.



In Island Lake there were 6 units sold in September in the price range between $106,000 – $138,521 with an average of 2 bedrooms and 1.4 bathrooms and average Square footage of 1,132SF.

In Island Lake there were 15 units sold in September in the price range between $138,522 – $230,520 with an average of 2.9 bedrooms and 1.8 bathrooms and average Square footage of 1,434SF.

In Island Lake there were 3 units sold in September in the price range between $230,521 – $290,000 with an average of 3.7 bedrooms and 2.4 bathrooms and average Square footage of 2,928SF.

The low price range had the most activity. Homes up to $138,521 were on the market on average 69 days and sold an average of $117,350.

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

Island Lake
Aug 1, 2018 – Aug 31, 2018
Sep 1, 2018 – Sep 30, 2018
Month
August
September
Average Listing Price
$309,000
$276,356
Median Sales Price
Any
$171,041
Month supply of inventory
6
5
Market Time Detached
0 days
33 days
Market Time Attached
0 days
44 days
Inventory
1 properties
86 properties
Low price range
Any – Any
$106,000 – $138,521
Low price range market time
0 days
69 days
Low price range units sold
0
6
Low price range bedrooms
0
2
Low price range bathrooms
0
1.4
Low price range approx sqft
0 SF
1,132 SF
Mid price range
$1 – $-1
$138,522 – $230,520
Mid price range market time
0 days
26 days
Mid price range units sold
0
15
Mid price range bedrooms
0
2.9
Mid price range bathrooms
0
1.8
Mid price range approx sqft
0 SF
1,434 SF
High price range
Any – Any
$230,521 – $290,000
High price range market time
0 days
46 days
High price range units sold
0
3
High price range bedrooms
0
3.7
High price range bathrooms
0
2.4
High price range approxsqft
0 SF
2,928 SF