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Carpentersville Real Estate Market Update March 2018

By
Managing Real Estate Broker with Property Up Inc. #471.017853

Real Estate In Carpentersville is a sellers’ market with low inventory of homes in Carpentersville and a lot of buyer interest. There is a 3.03 months supply of inventory on the market in Carpentersville on March 31, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Carpentersville last month was 37 days.
It took on average 45 days to sell Carpentersville Condo, Townhouse or a Duplex.
The number of home sales in Carpentersville from February 1, 2018 through February 28, 2018 was 24 units. That is 1% above the number of homes sold last month in Carpentersville.

The average price per square foot in the area is now $96/Sq.Ft, which is 5% an increase from last month.

In Carpentersville there were 6 units sold in February in the price range between $88,000 – $131,953 with an average of 2.5 bedrooms and 1.2 bathrooms and average Square footage of 1,026SF.

In Carpentersville there were 15 units sold in February in the price range between $131,954 – $272,952 with an average of 2.8 bedrooms and 1.7 bathrooms and average Square footage of 1,481SF.

In Carpentersville there were 3 units sold in February in the price range between $272,953 – $370,000 with an average of 4.3 bedrooms and 2.4 bathrooms and average Square footage of 3,034SF.

The low price range had the most activity. Homes up to $131,953 were on the market on average 34 days and sold an average of $112,233.

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

 

Posted by

John Herman

Licensed Illinois Managing Broker

Property Up Inc.

Call Now  (847) 847-4711 For Real Estate Service.

 

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