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Deerfield Real Estate Market Update July 2018

  • John Herman
  • Jul 19, 2018
  • 2 min read

Real Estate In Deerfield is a balanced market favoring buyers. There is significant amount of homes for sale in Deerfield, and buyers are not in a rush to buy yet. There is a 8.4 months supply of inventory on the market in Deerfieldon July 31, 2018.

Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Deerfield last month was 58 days. It took on average 69 days to sell Deerfield Condo, Townhouse or a Duplex. The number of home sales in Deerfield from June 1, 2018 through June 30, 2018 was 42 units. That is 1% above the number of homes sold last month in Deerfield.

The average price per square foot in the area is now $199/Sq.Ft, which is 0% an increase from last month.

In Deerfield there were 8 units sold in June in the price range between $145,426 – $346,763 with an average of 2.4 bedrooms and 1.6 bathrooms and average Square footage of 1,300SF.

In Deerfield there were 28 units sold in June in the price range between $346,764 – $954,049 with an average of 4 bedrooms and 2.6 bathrooms and average Square footage of 2,773SF.

In Deerfield there were 6 units sold in June in the price range between $954,050 – $1,360,000 with an average of 5 bedrooms and 4 bathrooms and average Square footage of 4,392SF.

The low price range had the most activity. Homes up to $346,763 were on the market on average 95 days and sold an average of $218,990.

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

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