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Mount Prospect Market Trends for June 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Mount Prospect home sales for the month of June decreased in volume by 14.6% when compared to last year, while the median sale price rose by 0.5% from $315,000 to $316,500. The number of Single Family homes sales decreased by 6.6%, while the median sale price rose by 1.2% from $335,000 to $339,000. Condo/townhome sales decreased by 32.1%, while the median sale price decreased by 23.6% from $194,950 to $149,000.

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Median Sale Prices for Mount Prospect

274k
331k
313k
315k
300k
284k
270k
285k
280k
272k
265k
298k
290k
305k
303k
316k
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 Mount Prospect

48
46
98
89
69
75
75
51
56
39
43
40
55
52
49
76
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 Mount Prospect

  June Year to Date (Jan 1 - July 5)
  2019 2020 Change 2019 2020 Change
Homes Sold 89 76 -14.6% 292 321 +9.9%
(Single Family) 61 57 -6.6% 206 219 +6.3%
(Condos/Townhomes) 28 19 -32.1% 86 102 +18.6%
Median Sale Price $315,000 $316,500 +0.5% $311,000 $295,000 -5.1%
(Single Family) $335,000 $339,000 +1.2% $336,750 $330,000 -2%
(Condos/Townhomes) $194,950 $149,000 -23.6% $185,000 $155,000 -16.2%
Days on Market 15 16 +6.7% 15 22 +46.7%
(Single Family) 14 16 +14.3% 14 23 +64.3%
(Condos/Townhomes) 18 16 -8.6% 17 21 +23.5%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Mount Prospect? 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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