Mchenry Real Estate Market Update October 2018

Real Estate In Mchenry is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.86 months supply of inventory on the market in Mchenry on October 31, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Mchenry last month was 27 days. It took on average 75 days to sell Mchenry Condo, Townhouse or a Duplex. The number of home sales in Mchenry from September 1, 2018 through September 30, 2018 was 56 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 $81/Sq.Ft, which is 0% an increase from last month.

In Mchenry there were 8 units sold in September in the price range between $65,000 – $121,675 with an average of 2.1 bedrooms and 1 bathrooms and average Square footage of 1,073SF.

In Mchenry there were 45 units sold in September in the price range between $121,676 – $289,174 with an average of 3 bedrooms and 1.9 bathrooms and average Square footage of 1,642SF.

In Mchenry there were 3 units sold in September in the price range between $289,175 – $400,000 with an average of 3 bedrooms and 3.1 bathrooms and average Square footage of 3,794SF.

The low price range had the most activity. Homes up to $121,675 were on the market on average 73 days and sold an average of $93,925.

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!