Arlington Heights Real Estate Market Update June 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 7.02 months supply of inventory on the market in Arlington Heights on June 30, 2018.
Now is the Time to Buy!
The average market time for a Single Family Homes to sell in Arlington Heights last month was 42 days.
It took on average 22 days to sell Arlington Heights Condo, Townhouse or a Duplex.
The number of home sales in Arlington Heights from May 1, 2018 through May 31, 2018 was 119 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 $148/Sq.Ft, which is 10% a decline from last month.
In Arlington Heights there were 33 units sold in May in the price range between $86,000 – $206,239 with an average of 1.8 bedrooms and 1.6 bathrooms and average Square footage of 1,115SF.
In Arlington Heights there were 75 units sold in May in the price range between $206,240 – $572,796 with an average of 3.5 bedrooms and 2 bathrooms and average Square footage of 2,075SF.
In Arlington Heights there were 11 units sold in May in the price range between $572,797 – $819,116 with an average of 4.1 bedrooms and 3.2 bathrooms and average Square footage of 2,752SF.
The low price range had the most activity. Homes up to $206,239 were on the market on average 20 days and sold an average of $136,490.
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!