Mchenry Real Estate Market Update August 2018

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Mchenry Real Estate Market Update August 2018
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Real Estate In Mchenry is a balanced market
favoring buyers. There is significant amount
of homes for sale in Mchenry, and buyers are not
in a rush to buy yet. There is a 6.07 months
supply of inventory on the market in Mchenry 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 Mchenry last
month was 26 days.It took on average 16 days to
sell Mchenry Condo, Townhouse or a Duplex.The
number of home sales in Mchenry from July 1, 2018
through July 31, 2018 was 65 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 93/Sq.Ft, which is 7 a decline from
last month.
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In Mchenry there were 4 units sold in July in the
price range between 19,000 112,846 with an
average of 2.8 bedrooms and 1.3 bathrooms and
average Square footage of 1,046SF. In Mchenry
there were 60 units sold in July in the price
range between 112,847 533,345 with an average
of 3.1 bedrooms and 2.1 bathrooms and average
Square footage of 1,934SF. In Mchenry there were
1 units sold in July in the price range between
533,346 860,000 with an average of 4 bedrooms
and 3 bathrooms and average Square footage of
4,148SF. The low price range had the most
activity. Homes up to 112,846 were on the market
on average 32 days and sold an average of 76,475.
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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 Mchenry. Search
all Mchenry homes for Sale on propertyup.com If
you are considering viewing Mchenry, 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