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Arlington Heights Real Estate Market Update April 2018

By Author: John Herman
Total Articles: 66

Real Estate In Arlington Heights is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.64 months supply of inventory on the market in Arlington Heights on April 30, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Arlington Heights last month was 41 days.
It took on average 44 days to sell Arlington Heights Condo, Townhouse or a Duplex.
The number of home sales in Arlington Heights from March 1, 2018 through March 31, 2018 was 82 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 $154/Sq.Ft, which is 2% a decline from last month.

In Arlington Heights there were 20 units sold in March in the price range between $89,000 – $207,338 with an average of 1.8 bedrooms and 1.4 bathrooms and average Square footage of 1,130SF.

In Arlington Heights there were 54 units sold in March in the price range between $207,339 – $557,787 with an average of 3.3 bedrooms and 2 bathrooms and average Square footage of 1,836SF.

In Arlington Heights there were 8 units sold in March in the price range between $557,788 – $789,900 with an average of 4.4 bedrooms and 3 bathrooms and average Square footage of 3,080SF.

The low price range had the most activity. Homes up to $207,338 were on the market on average 40 days and sold an average of $133,287.

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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