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Algonquin Market Trends for June 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Algonquin home sales for the month of June decreased in volume by 15.5% when compared to last year, while the median sale price rose by 4.1% from $257,000 to $267,500. The number of Single Family homes sales decreased by 15.7%, while the median sale price rose by 12.9% from $263,000 to $297,000. Condo/townhome sales decreased by 15%, while the median sale price decreased by 14.8% from $200,750 to $171,000.

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Median Sale Prices for Algonquin

261k
242k
244k
257k
281k
255k
251k
252k
275k
250k
257k
247k
251k
248k
260k
267k
3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20

Number of Sales for Algonquin

30
48
78
71
75
65
49
60
57
29
27
31
56
48
50
60
3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20

Real Estate Sales for June in Algonquin

  June Year to Date (Jan 1 - July 5)
  2019 2020 Change 2019 2020 Change
Homes Sold 71 60 -15.5% 235 280 +19.1%
(Single Family) 51 43 -15.7% 165 212 +28.5%
(Condos/Townhomes) 20 17 -15% 70 68 -2.9%
Median Sale Price $257,000 $267,500 +4.1% $250,000 $255,000 +2%
(Single Family) $263,000 $297,000 +12.9% $276,000 $275,450 -0.2%
(Condos/Townhomes) $200,750 $171,000 -14.8% $191,000 $179,167 -6.2%
Days on Market 14 23 +60.7% 11 23 +109.1%
(Single Family) 14 23 +64.3% 11 26 +136.4%
(Condos/Townhomes) 15 18 +20% 12 16 +29.2%

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 is 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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