Palatine Real Estate Market Update June 2018

1
Mchenry Real Estate Market Update June 2018
2
Real Estate In Mchenry is a balanced market that
favoring sellers. We still see plenty of
inventory, so plenty of bargains for the buyers.
There is a 5.2 months supply of inventory on the
market in Mchenry on June 30, 2018.
3
Now is the Time to Sell! The average market time
for a Single Family Homes to sell in Mchenry last
month was 49 days.It took on average 25 days to
sell Mchenry Condo, Townhouse or a Duplex.The
number of home sales in Mchenry from May 1, 2018
through May 31, 2018 was 93 units. That is 1
above the number of homes sold last month in
Mchenry. The average price per square foot in the
area is now 96/Sq.Ft, which is 2 an increase
from last month.
4
In Mchenry there were 18 units sold in May in the
price range between 63,000 136,300 with an
average of 2.4 bedrooms and 1.5 bathrooms and
average Square footage of 1,148SF. In Mchenry
there were 71 units sold in May in the price
range between 136,301 369,799 with an average
of 3.3 bedrooms and 2.1 bathrooms and average
Square footage of 1,980SF. In Mchenry there were
4 units sold in May in the price range between
369,800 530,000 with an average of 4.8
bedrooms and 3.1 bathrooms and average Square
footage of 3,527SF. The low price range had the
most activity. Homes up to 136,300 were on the
market on average 36 days and sold an average of
120,338.
5
(No Transcript)
6
If you are looking for a new home for you and
your family, or looking for an investment
property, you cant go wrong by getting a prime
piece of real estate in Mchenry. Search
all Mchenry homes for Sale on propertyup.com If
you are considering viewing Mchenry, you may want
to do so now!
7
(No Transcript)
8
John Herman Property Up Inc. Call 847-847-4711 18
-5 E Dundee Rd, Suite 200 Barrington, IL 60010