Arlington Heights Real Estate Market Update August 2018
Real Estate In Arlington Heights is a balanced market favoring buyers. There is significant amount of homes for sale in Arlington Heights, and buyers are not in a rush to buy yet. There is a 7.46 months supply of inventory on the market in Arlington Heights on August 31, 2018.
Now is the Time to Buy!
The average market time for a Single Family Homes to sell in Arlington Heights last month was 31 days.
It took on average 25 days to sell Arlington Heights Condo, Townhouse or a Duplex.
The number of home sales in Arlington Heights from July 1, 2018 through July 31, 2018 was 115 units. That is 1% above the number of homes sold last month in Arlington Heights.
The average price per square foot in the area is now $160/Sq.Ft, which is 2% an increase from last month.
In Arlington Heights there were 29 units sold in July in the price range between $95,000 – $214,688 with an average of 1.6 bedrooms and 1.3 bathrooms and average Square footage of 1,080SF.
In Arlington Heights there were 84 units sold in July in the price range between $214,689 – $735,937 with an average of 3.4 bedrooms and 2.2 bathrooms and average Square footage of 2,013SF.
In Arlington Heights there were 2 units sold in July in the price range between $735,938 – $1,137,500 with an average of 4 bedrooms and 5.1 bathrooms and average Square footage of 5,888SF.
The low price range had the most activity. Homes up to $214,688 were on the market on average 20 days and sold an average of $138,724.
If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Arlington Heights. Search all Arlington Heights homes for Sale on propertyup.com If you are considering viewing Arlington Heights, you may want to do so now!