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Carpentersville Real Estate Market Update July 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 3.57 months supply of inventory on the market in Carpentersville on July 31, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Carpentersville last month was 24 days.
It took on average 20 days to sell Carpentersville Condo, Townhouse or a Duplex.
The number of home sales in Carpentersville from June 1, 2018 through June 30, 2018 was 50 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 $102/Sq.Ft, which is 42% an increase from last month.

In Carpentersville there were 6 units sold in June in the price range between $75,000 – $135,278 with an average of 2.2 bedrooms and 1.2 bathrooms and average Square footage of 949SF.

In Carpentersville there were 39 units sold in June in the price range between $135,279 – $282,777 with an average of 3.1 bedrooms and 1.9 bathrooms and average Square footage of 1,533SF.

In Carpentersville there were 5 units sold in June in the price range between $282,778 – $370,000 with an average of 4 bedrooms and 2.3 bathrooms and average Square footage of 2,681SF.

The low price range had the most activity. Homes up to $135,278 were on the market on average 27 days and sold an average of $107,750.

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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Awarded as top 3% of all Agents by Chicago magazine - 5 Star Award winner 5 Years straight - 2011, 2012, 2013, 2014 & 2015!!!

Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, ABR,CNE,CRS,ePro,PSA,RENE,SRS

Appreciate the insight from a local expert. Thank you for sharing!

Jul 18, 2018 09:44 AM