Algonquin IL Spring Real Estate Market Update

By
Real Estate Agent with RE/MAX Suburban 475.135322


How is the current Real Estate Market in Algonquin, McHenry County, Illinois?

Village of Algonquin, IL

As of this morning, per MRED MLS, for the past 3 months:

We currently have 256 Single Family homes for sale in Algonquin that are active and available.

They have been on the market for an average of 244 days.

The average list price for a detached home for sale in Algonquin is $346,575. The available inventory of homes has decreased but market time has also increased.

Fall Sunset on the Fox River in Algonquin, IL

Riverfront Park on Harrison Street by Port Edwards Restaurant the Fox River in Algonquin, IL

Waterfront Homes For Sale in Algonquin, Fox River, Chain of Lakes

During the past 3 months, 29 Single Family homes have successfully sold and closed in Algonquin with the help of their Realtors.   These homes took an average of 183 days on the market in Algonquin to SELL and Close.

The average list price of the SOLD Single Family homes in Algonquin was $243,614 and the average SOLD price was $231,955.

 

So, on the average Single Family homes in Algonquin have been getting an average of 95% of their list prices, with the help of their Realtors.

Algonquin Summerplace Townhomes boat docks on the Fox River, Algonquin, IL

Algonquin Summerplace Waterfront Town homes have Boat Docks and Piers on the Fox River, Algonquin, IL

Fox River Homes For Sale

We currently have 113 Attached homes on the market in Algonquin that are active and available.

They have been on the market for an average of 222 days.

The average list price is $202,860.

The pool of available attached homes in Algonquin for sale has increased and market time has slightly increased.

During the past 3 months, 11 Attached homes in Algonquin have successfully closed with the help of their Realtors.   They took an average of 150 days on the market to get SOLD.  Market time for attached homes in Algonquin has increased.

The average list price of the SOLD Attached homes in Algonquin was $190,117 and the average SOLD price was $179,092.  The average price for condos and townhomes in Algonquin has decreased but the positive side to that is that thee seecessfully sold townhomes and  condos in Algonquin have sold in a shorter amount of days on the market.

So...Attached homes in Algonquin have been getting an average of 94% of their list prices, with the help of their Realtors.

Information deemed accurate and reliable but not guaranteed. Source MRED MLS.

We are still experiencing a Buyer's Market in Algonquin but the market statistics are improving!

There are fabulous buys on the market....now is a GREAT time to buy real estate in Algonquin, IL, especially for MOVE UP Buyers, Waterfront Buyers, Vacation and Second Home Buyers, Investors and First Time Buyers!

 

 

TheresNOPlaceLikeYourPlace.com

If I can be of assistance to you, please do not hesitate to call or email me.  It will be my pleasure!  By the way, if you know of someone that could benefit from my high level of service, please call or email me with their name and daytime phone number and I will make sure to follow up and take great care of them.  My business keeps growing from your referrals.

 

My Direct Number at the Office is 847.516.6760

 

 I look forward to the opportunity to earn your business.

 

 
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To Search Homes For Sale, Please Contact Me Directly Or Feel Free To Search On My Website! 

Search Waterfront and Fox River Front Homes For Sale Here

 

 
 

It is an EXCELLENT TIME TO BUY AND SELL NOW, especially for second home buyers, investors, move-up buyers and even first-time buyers!

 

 

I hope you find this information useful.  I am only a phone call or email away of you need real estate help:-)

Debra Kukulski Real Estate Consultant

If I can be of assistance to you, please do not hesitate to call or email me.  It will be my pleasure!  

By the way, if you know of someone that could benefit from my high level of service, please call or email

me with their name and daytime phone number and I will make sure to follow up and

take great care of them. 

The majority of my business is referral and repeat clients.  I am so grateful it keeps growing from your loyalty and referrals:-)

I appreciate YOU and your referrals!

 

 

I can be reached at my direct number at the office: 847.516.6760.  I look forward to hearing from you!

 

Information deemed accurate and reliable but not guaranteed. Source MRED MLS.Disclaimer: Information herein may come from various sources, some of which may not be reliable and may change without any notice. Debra Kukulski does not guarantee or is any way responsible for the accuracy of the information in this blog and information provided is without warranties of any kind, either express or implied. Information on this blog represents the opinions and ideas of the author; comments by others may not express the views of the author.  All photos and content may not be duplicated without express written consent of author.
Copyright © 2016 By Debra Kukulski, all rights reserved.

 

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Debra Kukulski, Broker Associate

SRES;SFR,CDPE;GRI;ABR;e-PRO Realtor, Northern IL
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