Elk Grove Village Real Estate Market Update August 2018

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Elk Grove Village Real Estate Market Update
August 2018
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Real Estate In Elk Grove Village is a sellers
market with low inventory of homes in Elk Grove
Village and a lot of buyer interest. There is a
4.57 months supply of inventory on the market
in Elk Grove Village on August 31, 2018.
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Now is the Time to Sell! The average market time
for a Single Family Homes to sell in Elk Grove
Village last month was 21 days.It took on
average 17 days to sell Elk Grove Village Condo,
Townhouse or a Duplex.The number of home sales
in Elk Grove Village from July 1, 2018 through
July 31, 2018 was 41 units. That is 1 above the
number of homes sold last month in Elk Grove
Village. The average price per square foot in the
area is now 148/Sq.Ft, which is 2 a decline
from last month.
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In Elk Grove Village there were 6 units sold in
July in the price range between 98,000
175,512 with an average of 1.7 bedrooms and 1.4
bathrooms and average Square footage of 861SF. In
Elk Grove Village there were 27 units sold in
July in the price range between 175,513
326,511 with an average of 3 bedrooms and 1.8
bathrooms and average Square footage of
1,432SF. In Elk Grove Village there were 8 units
sold in July in the price range between 326,512
400,000 with an average of 4 bedrooms and 2.4
bathrooms and average Square footage of
2,192SF. The middle price range had the most
activity. Homes up to 326,511 were on the market
on average 19 days and sold an average of
251,833.
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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 Elk Grove Village. Search
all Elk Grove Village homes for
Sale on propertyup.comIf you are considering
viewing Elk Grove Village, you may want to do so
now!
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• John Herman
• Property Up Inc.
• Call 847-847-4711
• 18-5 E Dundee Rd, Suite 200
• Barrington, IL 60010