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Arlington Heights Real Estate Market Update October 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 6.97 months supply of inventory on the market in Arlington Heights on October 31, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Arlington Heights last month was 30 days.
It took on average 34 days to sell Arlington Heights Condo, Townhouse or a Duplex.
The number of home sales in Arlington Heights from September 1, 2018 through September 30, 2018 was 112 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 $167/Sq.Ft, which is 21% a decline from last month.

In Arlington Heights there were 28 units sold in September in the price range between $85,000 – $215,146 with an average of 1.9 bedrooms and 1.5 bathrooms and average Square footage of 1,109SF.

In Arlington Heights there were 79 units sold in September in the price range between $215,147 – $783,645 with an average of 3.3 bedrooms and 2.1 bathrooms and average Square footage of 1,978SF.

In Arlington Heights there were 5 units sold in September in the price range between $783,646 – $1,222,000 with an average of 4.4 bedrooms and 3.9 bathrooms and average Square footage of 4,501SF.

The low price range had the most activity. Homes up to $215,146 were on the market on average 37 days and sold an average of $142,178.

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!

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