Special offer

Elgin Market Trends for June 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Elgin home sales for the month of June decreased in volume by 15.3% when compared to last year, while the median sale price rose by 2.2% from $225,000 to $230,000. The number of Single Family homes sales decreased by 1.9%, while the median sale price decreased by 2.9% from $246,700 to $239,500. Condo/townhome sales decreased by 41.5%, while the median sale price rose by 9.7% from $175,000 to $192,000.

» View homes for sale in Elgin   » View all recent sales in Elgin

Median Sale Prices for Elgin

198k
229k
227k
225k
219k
217k
216k
206k
232k
206k
196k
185k
223k
228k
235k
230k
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 Elgin

106
122
184
157
172
170
109
126
102
94
96
75
138
117
113
133
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 Elgin

  June Year to Date (Jan 1 - July 5)
  2019 2020 Change 2019 2020 Change
Homes Sold 157 133 -15.3% 588 688 +17%
(Single Family) 104 102 -1.9% 417 505 +21.1%
(Condos/Townhomes) 53 31 -41.5% 171 183 +7%
Median Sale Price $225,000 $230,000 +2.2% $220,000 $220,000 0%
(Single Family) $246,700 $239,500 -2.9% $248,500 $235,700 -5.2%
(Condos/Townhomes) $175,000 $192,000 +9.7% $173,500 $177,000 +2%
Days on Market 11 20 +81.8% 13 24 +84.6%
(Single Family) 11 21 +86.4% 14 24 +71.4%
(Condos/Townhomes) 9 19 +111.1% 10 25 +150%

HomesByMarco has sold 42 homes in Elgin

Thinking of selling your home in Elgin? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

Do you have any questions about Elgin?


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.

© 2020 Midwest Real Estate Data LLC. All rights reserved.

Comments(0)