Mount Prospect Real Estate Market Update March 2018

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Mount Prospect Real Estate Market Update March
2018
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Real Estate In Mount Prospect is a sellers
market with low inventory of homes in Mount
Prospect and a lot of buyer interest. There is a
4.68 months supply of inventory on the market
in Mount Prospect on March 31, 2018.
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Now is the Time to Sell! The average market time
for a Single Family Homes to sell in Mount
Prospect last month was 50 days.It took on
average 79 days to sell Mount Prospect Condo,
Townhouse or a Duplex.The number of home sales
in Mount Prospect from February 1, 2018 through
February 28, 2018 was 30 units. That is 1 above
the number of homes sold last month in Mount
Prospect. The average price per square foot in
the area is now 151/Sq.Ft, which is 2 a decline
from last month.
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In Mount Prospect there were 5 units sold in
February in the price range between 85,100
180,867 with an average of 1.4 bedrooms and 1.4
bathrooms and average Square footage of 944SF. In
Mount Prospect there were 18 units sold in
February in the price range between 180,868
360,816 with an average of 2.9 bedrooms and 1.8
bathrooms and average Square footage of
1,440SF. In Mount Prospect there were 7 units
sold in February in the price range between
360,817 445,000 with an average of 3.6
bedrooms and 2.8 bathrooms and average Square
footage of 2,099SF. The middle price range had
the most activity. Homes up to 360,816 were on
the market on average 46 days and sold an average
of 273,500.
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If you are looking for a new home for you and
your family, or looking for an investment
property, you cant go wrong by getting a prime
piece of real estate in Mount Prospect. Search
all Mount Prospect homes for Sale on propertyup.co
m If you are considering viewing Mount Prospect,
you may want to do so now!
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John Herman Property Up Inc. Call 847-847-4711 18
-5 E Dundee Rd, Suite 200 Barrington, IL 60010