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Algonquin Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Algonquin home sales for the month of February decreased in volume by 18.9% when compared to last year, while the median sale price decreased by 5.2% from $258,380 to $245,000. The number of Single Family homes sales decreased by 14.8%, while the median sale price decreased by 7% from $284,990 to $265,000. Condo/townhome sales decreased by 30%, while the median sale price decreased by 25% from $236,000 to $177,000.

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Median Sale Prices for Algonquin

249k
260k
242k
258k
261k
242k
244k
257k
281k
255k
251k
248k
275k
250k
257k
245k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Algonquin

54
43
16
37
30
48
79
71
75
66
49
61
57
29
27
30
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Algonquin

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 37 30 -18.9% 56 58 +3.6%
(Single Family) 27 23 -14.8% 41 44 +7.3%
(Condos/Townhomes) 10 7 -30% 15 14 -6.7%
Median Sale Price $258,380 $245,000 -5.2% $256,500 $253,450 -1.2%
(Single Family) $284,990 $265,000 -7% $284,990 $273,000 -4.2%
(Condos/Townhomes) $236,000 $177,000 -25% $235,000 $178,750 -23.9%
Days on Market 41 24 -42.7% 38 26 -30.7%
(Single Family) 33 24 -27.3% 33 30 -10.6%
(Condos/Townhomes) 50 23 -54% 54 26 -52.8%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Algonquin? 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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Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. 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.

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