Deerfield Real Estate Market Update August 2018

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Deerfield Real Estate Market Update August 2018
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Real Estate In Deerfield is a balanced market
favoring buyers. There is significant amount
of homes for sale in Deerfield, and buyers are
not in a rush to buy yet. There is a 8.52 months
supply of inventory on the market in Deerfield on
August 31, 2018.
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Now is the Time to Buy! The average market time
for a Single Family Homes to sell in
Deerfield last month was 60 days.It took on
average 16 days to sell Deerfield Condo,
Townhouse or a Duplex.The number of home sales
in Deerfield from July 1, 2018 through July 31,
2018 was 31 units. That is 1 above the number of
homes sold last month in Deerfield. The average
price per square foot in the area is now
168/Sq.Ft, which is 16 a decline from last
month.
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In Deerfield there were 11 units sold in July in
the price range between 160,000 307,276 with
an average of 2.5 bedrooms and 1.6 bathrooms and
average Square footage of 1,377SF. In Deerfield
there were 16 units sold in July in the price
range between 307,277 809,775 with an average
of 4.1 bedrooms and 2.8 bathrooms and average
Square footage of 2,587SF. In Deerfield there
were 4 units sold in July in the price range
between 809,776 1,165,000 with an average of
5 bedrooms and 3.6 bathrooms and average Square
footage of 4,244SF. The low price range had the
most activity. Homes up to 307,276 were on the
market on average 21 days and sold an average of
226,272.
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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 Deerfield. Search
all Deerfield homes for Sale on propertyup.com If
you are considering viewing Deerfield, 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