Mchenry Real Estate Market Update August 2018

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.

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.

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.

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