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Mount Prospect Market Trends for March 2015

By
Real Estate Sales Representative with RE/MAX Suburban

Mount Prospect Market Trends for March 2015

Mount Prospect home sales for the month of March decreased in volume by 36.8% when compared to last year, while the median sale price decreased by 0.1% from $244,000 to $243,750. The number of Single Family homes sales decreased by 32.4%, while the median sale price decreased by 3.3% from $284,450 to $275,000. Condo/townhome sales decreased by 43.5%, while the median sale price decreased by 21.4% from $140,000 to $110,000.

» View homes for sale in Mount Prospect   » View all recent sales in Mount Prospect

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2015 Midwest Real Estate Data LLC. All rights reserved.

Median Sale Prices for Mount Prospect

245k
240k
229k
244k
282k
248k
265k
265k
261k
259k
235k
262k
252k
224k
220k
243k
12/13 1/14 2/14 3/14 4/14 5/14 6/14 7/14 8/14 9/14 10/14 11/14 12/14 1/15 2/15 3/15

Number of Sales for Mount Prospect

45
35
26
57
32
83
79
83
64
48
63
53
59
41
25
36
12/13 1/14 2/14 3/14 4/14 5/14 6/14 7/14 8/14 9/14 10/14 11/14 12/14 1/15 2/15 3/15

Real Estate Sales for March in Mount Prospect

  March Year to Date (Jan 1 - April 22)
  2014 2015 Change 2014 2015 Change
Homes Sold 57 36 -36.8% 139 127 -8.6%
(Single Family) 34 23 -32.4% 83 76 -8.4%
(Condos/Townhomes) 23 13 -43.5% 56 51 -8.9%
Median Sale Price $244,000 $243,750 -0.1% $243,000 $239,000 -1.6%
(Single Family) $284,450 $275,000 -3.3% $286,000 $272,450 -4.7%
(Condos/Townhomes) $140,000 $110,000 -21.4% $114,750 $105,025 -8.5%
Days on Market 51 22 -56.9% 18 24 +33.3%
(Single Family) 31 24 -22.6% 18 26 +44.4%
(Condos/Townhomes) 73 21 -71.2% 18 24 +37.1%
sold_home_2x

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Mount Prospect? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

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