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Arlington Heights Real Estate Market Update September 2018

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

Real Estate In Arlington Heights is a balanced market favoring buyers. There is significant amount of homes for sale in Arlington Heights, and buyers are not in a rush to buy yet. There is a 7 months supply of inventory on the market in Arlington Heights on September 30, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Arlington Heights last month was 47 days.
It took on average 26 days to sell Arlington Heights Condo, Townhouse or a Duplex.
The number of home sales in Arlington Heights from August 1, 2018 through August 31, 2018 was 114 units. That is 1% above the number of homes sold last month in Arlington Heights.

The average price per square foot in the area is now $164/Sq.Ft, which is 0% an increase from last month.

In Arlington Heights there were 25 units sold in August in the price range between $92,000 – $219,828 with an average of 1.9 bedrooms and 1.6 bathrooms and average Square footage of 1,104SF.

In Arlington Heights there were 82 units sold in August in the price range between $219,829 – $707,827 with an average of 3.4 bedrooms and 2.1 bathrooms and average Square footage of 1,848SF.

In Arlington Heights there were 7 units sold in August in the price range between $707,828 – $1,068,000 with an average of 4.4 bedrooms and 3.5 bathrooms and average Square footage of 3,524SF.

The low price range had the most activity. Homes up to $219,828 were on the market on average 32 days and sold an average of $141,886.

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 Arlington Heights. Search all Arlington Heights homes for Sale on propertyup.com If you are considering viewing Arlington Heights, 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

Always good to hear insight from a local specialist. Thank you for sharing!

Sep 13, 2018 08:31 AM