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Buffalo Grove Real Estate Market Update June 2018

By Author: John Herman
Total Articles: 93

Real Estate In Buffalo Grove is a balanced market favoring buyers. There is significant amount of homes for sale in Buffalo Grove, and buyers are not in a rush to buy yet. There is a 6.32 months supply of inventory on the market in Buffalo Grove on June 30, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Buffalo Grove last month was 21 days.
It took on average 19 days to sell Buffalo Grove Condo, Townhouse or a Duplex.
The number of home sales in Buffalo Grove from May 1, 2018 through May 31, 2018 was 79 units. That is 1% above the number of homes sold last month in Buffalo Grove.

The average price per square foot in the area is now $152/Sq.Ft, which is 0% an increase from last month.

In Buffalo Grove there were 19 units sold in May in the price range between $85,150 – $198,169 with an average of 1.9 bedrooms and 1.5 bathrooms and average Square footage of 1,134SF.

In Buffalo Grove there were 52 units sold in May in the price range between $198,170 – $478,093 with an average of 3.4 bedrooms and 2.1 bathrooms and average Square footage of 1,938SF.

In Buffalo Grove there were 8 units sold in May in the price range between $478,094 – $645,000 with an average of 4.5 bedrooms and 2.9 bathrooms and average Square footage of 3,409SF.

The low price range had the most activity. Homes up to $198,169 were on the market on average 21 days and sold an average of $156,484.

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

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