Mchenry Real Estate Market Update October 2018

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Mchenry Real Estate Market Update October 2018
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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 5.86 months supply of inventory on the
market in Mchenry on October 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 27 days.It took on average 75 days to
sell Mchenry Condo, Townhouse or a Duplex.The
number of home sales in Mchenry from September 1,
2018 through September 30, 2018 was 56 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 81/Sq.Ft, which is 0 an
increase from last month.
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In Mchenry there were 8 units sold in September
in the price range between 65,000 121,675
with an average of 2.1 bedrooms and 1 bathrooms
and average Square footage of 1,073SF. In Mchenry
there were 45 units sold in September in the
price range between 121,676 289,174 with an
average of 3 bedrooms and 1.9 bathrooms and
average Square footage of 1,642SF. In Mchenry
there were 3 units sold in September in the price
range between 289,175 400,000 with an average
of 3 bedrooms and 3.1 bathrooms and average
Square footage of 3,794SF. The low price range
had the most activity. Homes up to 121,675 were
on the market on average 73 days and sold an
average of 93,925.
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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