Deerfield Real Estate Market Update August 2018

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 8.52 months supply of inventory on the market in Deerfield on August 31, 2018.

Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Deerfield last month was 60 days. It took on average 16 days to sell Deerfield Condo, Townhouse or a Duplex. The number of home sales in Deerfield from July 1, 2018 through July 31, 2018 was 31 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 $168/Sq.Ft, which is 16% a decline from last month.

In Deerfield there were 11 units sold in July in the price range between $160,000 – $307,276 with an average of 2.5 bedrooms and 1.6 bathrooms and average Square footage of 1,377SF.

In Deerfield there were 16 units sold in July in the price range between $307,277 – $809,775 with an average of 4.1 bedrooms and 2.8 bathrooms and average Square footage of 2,587SF.

In Deerfield there were 4 units sold in July in the price range between $809,776 – $1,165,000 with an average of 5 bedrooms and 3.6 bathrooms and average Square footage of 4,244SF.

The low price range had the most activity. Homes up to $307,276 were on the market on average 21 days and sold an average of $226,272.

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!