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Bartlett Real Estate Market Update May 2018

By Author: John Herman
Total Articles: 66

Real Estate In Bartlett is a sellers’ market with low inventory of homes in Bartlett and a lot of buyer interest. There is a 4.65 months supply of inventory on the market in Bartlett on May 31, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Bartlett last month was 41 days.
It took on average 25 days to sell Bartlett Condo, Townhouse or a Duplex.
The number of home sales in Bartlett from April 1, 2018 through April 30, 2018 was 80 units. That is 1% above the number of homes sold last month in Bartlett.

The average price per square foot in the area is now $123/Sq.Ft, which is 7% an increase from last month.

In Bartlett there were 9 units sold in April in the price range between $117,500 – $199,080 with an average of 2.4 bedrooms and 1.6 bathrooms and average Square footage of 1,099SF.

In Bartlett there were 64 units sold in April in the price range between $199,081 – $409,033 with an average of 3.3 bedrooms and 2.2 bathrooms and average Square footage of 2,000SF.

In Bartlett there were 7 units sold in April in the price range between $409,034 – $537,408 with an average of 4.4 bedrooms and 3.1 bathrooms and average Square footage of 3,395SF.

The low price range had the most activity. Homes up to $199,080 were on the market on average 31 days and sold an average of $155,377.

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

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