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Deerfield Real Estate Market Update October 2018

  • John Herman
  • Oct 27, 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 8.08 months supply of inventory on the market in Deerfield on October 31, 2018.

Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Deerfield last month was 46 days. It took on average 20 days to sell Deerfield Condo, Townhouse or a Duplex. The number of home sales in Deerfield from September 1, 2018 through September 30, 2018 was 21 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 $158/Sq.Ft, which is 0% an increase from last month.

In Deerfield there were 6 units sold in September in the price range between $176,000 – $301,271 with an average of 2.7 bedrooms and 1.6 bathrooms and average Square footage of 1,500SF.

In Deerfield there were 13 units sold in September in the price range between $301,272 – $712,770 with an average of 3.6 bedrooms and 2.4 bathrooms and average Square footage of 2,329SF.

In Deerfield there were 2 units sold in September in the price range between $712,771 – $999,000 with an average of 4.5 bedrooms and 3.6 bathrooms and average Square footage of 4,619SF.

The low price range had the most activity. Homes up to $301,271 were on the market on average 12 days and sold an average of $221,833.

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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