Marengo Market Trends for March 2015

By
Real Estate Sales Representative with RE/MAX Suburban

Marengo Market Trends for March 2015

Marengo home sales for the month of March rose in volume by 50% when compared to last year, while the median sale price rose by 48.8% from $102,500 to $152,500. The number of Single Family homes sales rose by 66.7%, while the median sale price rose by 29.5% from $117,950 to $152,750. Condo/townhome sales decreased by 50%, while the median sale price decreased by 0.3% from $73,725 to $73,500.

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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.

© 2015 Midwest Real Estate Data LLC. All rights reserved.

Median Sale Prices for Marengo

121k
140k
131k
102k
166k
121k
170k
91k
158k
130k
128k
150k
129k
236k
133k
152k
12/13 1/14 2/14 3/14 4/14 5/14 6/14 7/14 8/14 9/14 10/14 11/14 12/14 1/15 2/15 3/15

Number of Sales for Marengo

8
9
8
14
9
24
16
14
16
11
16
17
14
8
6
21
12/13 1/14 2/14 3/14 4/14 5/14 6/14 7/14 8/14 9/14 10/14 11/14 12/14 1/15 2/15 3/15

Real Estate Sales for March in Marengo

  March Year to Date (Jan 1 - April 22)
  2014 2015 Change 2014 2015 Change
Homes Sold 14 21 +50% 38 38 0%
(Single Family) 12 20 +66.7% 36 37 +2.8%
(Condos/Townhomes) 2 1 -50% 2 1 -50%
Median Sale Price $102,500 $152,500 +48.8% $136,750 $152,750 +11.7%
(Single Family) $117,950 $152,750 +29.5% $137,250 $153,000 +11.5%
(Condos/Townhomes) $73,725 $73,500 -0.3% $73,725 $73,500 -0.3%
Days on Market 124 87 -29.8% 98 93 -5.1%
(Single Family) 86 107 +24.6% 83 98 +18.1%
(Condos/Townhomes) 220 46 -79.1% 220 46 -79.1%
sold_home_2x

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Marengo? 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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