Mchenry Real Estate Market Update September 2018

Real Estate In Mchenry is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.75 months supply of inventory on the market in Mchenry on September 30, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Mchenry last month was 48 days.
It took on average 29 days to sell Mchenry Condo, Townhouse or a Duplex.
The number of home sales in Mchenry from August 1, 2018 through August 31, 2018 was 87 units. That is 1% above the number of homes sold last month in Mchenry.

The average price per square foot in the area is now $92/Sq.Ft, which is 0% an increase from last month.

In Mchenry there were 11 units sold in August in the price range between $38,000 – $120,284 with an average of 2.3 bedrooms and 1.5 bathrooms and average Square footage of 1,029SF.

In Mchenry there were 74 units sold in August in the price range between $120,285 – $400,733 with an average of 3.2 bedrooms and 2.1 bathrooms and average Square footage of 1,937SF.

In Mchenry there were 2 units sold in August in the price range between $400,734 – $598,900 with an average of 4 bedrooms and 2.6 bathrooms and average Square footage of 4,654SF.

The low price range had the most activity. Homes up to $120,284 were on the market on average 40 days and sold an average of $99,203.

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 Mchenry. Search all Mchenry homes for Sale on propertyup.com If you are considering viewing Mchenry, you may want to do so now!