Real Estate In Mount Prospect is a balanced market favoring buyers. There is significant amount of homes for sale in Mount Prospect, and buyers are not in a rush to buy yet. There is a 7.25 months supply of inventory on the market in Mount Prospect on December 31, 1969.
Now is the Time to Buy! The average market time for a Single Family Homes to sell in Mount Prospect last month was 40 days. It took on average 27 days to sell Mount Prospect Condo, Townhouse or a Duplex.
The number of home sales in Mount Prospect from April 1, 2019 through April 30, 2019 was 39 units. That is 1% above the number of homes sold last month in Mount Prospect.
The average price per square foot in the area is now $187/Sq.Ft, which is 29% an increase from last month.


In Mount Prospect there were 5 units sold in April in the price range between $76,000 – $210,190 with an average of 2 bedrooms and 1.4 bathrooms and average Square footage of 1,416SF.

In Mount Prospect there were 31 units sold in April in the price range between $210,191 – $522,189 with an average of 3.4 bedrooms and 2 bathrooms and average Square footage of 1,884SF.

In Mount Prospect there were 3 units sold in April in the price range between $522,190 – $700,000 with an average of 4 bedrooms and 3.1 bathrooms and average Square footage of 3,870SF.

The low price range had the most activity. Homes up to $210,190 were on the market on average 27 days and sold an average of $146,500.

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

Mount Prospect
Mar 1, 2019 – Mar 31, 2019
Apr 1, 2019 – Apr 30, 2019
Month
March
April
Average Listing Price
$357,310
$342,001
Median Sales Price
$276,282
$344,379
Month supply of inventory
5.7
7.2
Market Time Detached
61 days
40 days
Market Time Attached
51 days
27 days
Inventory
356 properties
431 properties
Low price range
$77,000 – $176,641
$76,000 – $210,190
Low price range market time
100 days
27 days
Low price range units sold
0
5
Low price range bedrooms
1.9
2
Low price range bathrooms
1
1.4
Low price range approx sqft
1,147 SF
1,416 SF
Mid price range
$176,642 – $403,140
$210,191 – $522,189
Mid price range market time
55 days
28 days
Mid price range units sold
37
31
Mid price range bedrooms
3.2
3.4
Mid price range bathrooms
1.7
2
Mid price range approx sqft
1,446 SF
1,884 SF
High price range
$403,141 – $530,000
$522,190 – $700,000
High price range market time
33 days
150 days
High price range units sold
4
3
High price range bedrooms
3.8
4
High price range bathrooms
2.4
3.1
High price range approxsqft
2,467 SF
3,870 SF