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Deerfield Real Estate Market Update September 2018

  • John Herman
  • Sep 21, 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 7.62 months supply of inventory on the market in Deerfield on September 30, 2018.

Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Deerfield last month was 55 days. It took on average 61 days to sell Deerfield Condo, Townhouse or a Duplex. The number of home sales in Deerfield from August 1, 2018 through August 31, 2018 was 35 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 $190/Sq.Ft, which is 55% an increase from last month.

In Deerfield there were 9 units sold in August in the price range between $138,500 – $331,674 with an average of 2.6 bedrooms and 1.7 bathrooms and average Square footage of 1,435SF.

In Deerfield there were 24 units sold in August in the price range between $331,675 – $1,082,423 with an average of 4 bedrooms and 2.5 bathrooms and average Square footage of 2,552SF.

In Deerfield there were 2 units sold in August in the price range between $1,082,424 – $1,640,000 with an average of 5.5 bedrooms and 4.1 bathrooms and average Square footage of 5,025SF.

The low price range had the most activity. Homes up to $331,674 were on the market on average 49 days and sold an average of $254,688.

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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