How is the current Real Estate Market in Algonquin, McHenry County, Illinois?
As of this morning, per MRED MLS, for the past 3 months:
We currently have 274 Single Family homes for sale in Algonquin that are active and available.
They have been on the market for an average of 216 days.
The average list price is Algonquin is $360,645. The available inventory of homes has decreased but market time has increased.
Fall Sunset on the Fox River in Algonquin, IL
Waterfront Homes For Sale in Algonquin, Fox River, Chain of Lakes
During the past 3 months, 52 Single Family homes have successfully closed in Algonquin with the help of their Realtors. This represents 75% of the market that has had success. They 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 $299,704 and the average SOLD price was $282,227.
So, on the average Single Family homes in Algonquin have been getting an average of 94% of their list prices, with the help of their Realtors.
Algonquin Summerplace Waterfront Townhomes Boat Docks on the Fox River, Algonquin, IL
We currently have 116 Attached homes on the market in Algonquin that are active and available.
They have been on the market for an average of 210 days.
The average list price is $205,976. The pool of available attached homes in Algonquin has decreased but market time has slightly increased.
During the past 3 months, 20 Attached homes in Algonquin have successfully closed with the help of their Realtors. This only represents 52% of the market that have had success. They took an average of 276 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 $188,953 and the average SOLD price was $179,435.
So...Attached homes in Algonquin have been getting an average of 95% 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!
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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