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Mchenry Real Estate Market Update August 2018

Real Estate In Mchenry is a balanced market favoring buyers. There is significant amount of homes for sale in Mchenry, and buyers are not in a rush to buy yet. There is a 6.07 months supply of inventory on the market in Mchenry on August 31, 2018.<br><br>Now is the Time to Sell!<br><br>The average market time for a Single Family Homes to sell in Mchenry last month was 26 days.<br>It took on average 16 days to sell Mchenry Condo, Townhouse or a Duplex.<br>The number of home sales in Mchenry from July 1, 2018 through July 31, 2018 was 65 units. That is 1% above the number of homes sold last month in Mchenry.<br><br>The average price per square foot in the area is now $93/Sq.Ft, which is 7% a decline from last month.

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Mchenry Real Estate Market Update August 2018

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  1. Mchenry Real Estate Market Update August 2018

  2. Real Estate In Mchenry is a balanced market favoring buyers. There is significant amount of homes for sale in Mchenry, and buyers are not in a rush to buy yet. There is a 6.07 months supply of inventory on the market in Mchenry on August 31, 2018.

  3. Now is the Time to Sell! The average market time for a Single Family Homes to sell in Mchenry last month was 26 days.It took on average 16 days to sell Mchenry Condo, Townhouse or a Duplex.The number of home sales in Mchenry from July 1, 2018 through July 31, 2018 was 65 units. That is 1% above the number of homes sold last month in Mchenry. The average price per square foot in the area is now $93/Sq.Ft, which is 7% a decline from last month.

  4. In Mchenry there were 4 units sold in July in the price range between $19,000 – $112,846 with an average of 2.8 bedrooms and 1.3 bathrooms and average Square footage of 1,046SF. In Mchenry there were 60 units sold in July in the price range between $112,847 – $533,345 with an average of 3.1 bedrooms and 2.1 bathrooms and average Square footage of 1,934SF. In Mchenry there were 1 units sold in July in the price range between $533,346 – $860,000 with an average of 4 bedrooms and 3 bathrooms and average Square footage of 4,148SF. The low price range had the most activity. Homes up to $112,846 were on the market on average 32 days and sold an average of $76,475.

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

  6. John Herman PropertyUp Inc. Call847-847-4711 • 18-5 E Dundee Rd, Suite 200 • Barrington, IL 60010

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