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Deerfield Real Estate Market Update June 2018

By Author: John Herman
Total Articles: 103

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 8.88 months supply of inventory on the market in Deerfield on June 30, 2018.

Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Deerfield last month was 59 days.
It took on average 100 days to sell Deerfield Condo, Townhouse or a Duplex.
The number of home sales in Deerfield from May 1, 2018 through May 31, 2018 was 42 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 $171/Sq.Ft, which is 7% an increase from last month.

In Deerfield there were 11 units sold in May in the price range between $165,000 – $327,749 with an average of 2.3 bedrooms and 1.6 bathrooms and average Square footage of 1,248SF.

In Deerfield there were 27 units sold in May in the price range between $327,750 – $820,248 with an average of 3.9 bedrooms and 2.4 bathrooms and average Square footage of 3,206SF.

In Deerfield there were 4 units sold in May in the price range between $820,249 – $1,150,000 with an average of 5.3 bedrooms and 4.9 bathrooms and average Square footage of 4,852SF.

The low price range had the most activity. Homes up to $327,749 were on the market on average 61 days and sold an average of $220,447.

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 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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