Vernon Hills Real Estate Market Update August 2018

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Vernon Hills Real Estate Market Update August 2018
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Real Estate In Vernon Hills is a balanced market
favoring buyers. There is significant amount
of homes for sale in Vernon Hills, and buyers are
not in a rush to buy yet. There is a 6.96 months
supply of inventory on the market in Vernon
Hills 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 Vernon
Hills last month was 29 days.It took on average
18 days to sell Vernon Hills Condo, Townhouse or
a Duplex.The number of home sales in Vernon
Hills from July 1, 2018 through July 31, 2018 was
50 units. That is 1 above the number of homes
sold last month in Vernon Hills. The average
price per square foot in the area is now
145/Sq.Ft, which is 10 an increase from last
month.
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In Vernon Hills there were 12 units sold in July
in the price range between 88,000 228,180
with an average of 2.3 bedrooms and 1.3 bathrooms
and average Square footage of 1,088SF. In Vernon
Hills there were 33 units sold in July in the
price range between 228,181 649,179 with an
average of 3.6 bedrooms and 2.3 bathrooms and
average Square footage of 2,375SF. In Vernon
Hills there were 5 units sold in July in the
price range between 649,180 930,000 with an
average of 5.2 bedrooms and 4.3 bathrooms and
average Square footage of 4,038SF. The low price
range had the most activity. Homes up to 228,180
were on the market on average 21 days and sold an
average of 153,921.
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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 Vernon Hills. Search
all Vernon Hills homes for Sale on propertyup.com 
If you are considering viewing Vernon Hills, 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