Mchenry Real Estate Market Update September 2018

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Mchenry Real Estate Market Update September 2018
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Real Estate In Mchenry is a balanced market that
favoring sellers. We still see plenty of
inventory, so plenty of bargains for the buyers.
There is a 5.75 months supply of inventory on the
market in Mchenry on September 30, 2018.
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Now is the Time to Sell! The average market time
for a Single Family Homes to sell in Mchenry last
month was 48 days.It took on average 29 days to
sell Mchenry Condo, Townhouse or a Duplex.The
number of home sales in Mchenry from August 1,
2018 through August 31, 2018 was 87 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 92/Sq.Ft, which is 0 an
increase from last month.
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In Mchenry there were 11 units sold in August in
the price range between 38,000 120,284 with
an average of 2.3 bedrooms and 1.5 bathrooms and
average Square footage of 1,029SF. In Mchenry
there were 74 units sold in August in the price
range between 120,285 400,733 with an average
of 3.2 bedrooms and 2.1 bathrooms and average
Square footage of 1,937SF. In Mchenry there were
2 units sold in August in the price range between
400,734 598,900 with an average of 4 bedrooms
and 2.6 bathrooms and average Square footage of
4,654SF. The low price range had the most
activity. Homes up to 120,284 were on the market
on average 40 days and sold an average of 99,203.
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If you are looking for a new home for you and
your family, or looking for an investment
property, you cant 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!
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• John Herman
• Property Up Inc.
• Call 847-847-4711
• 18-5 E Dundee Rd, Suite 200
• Barrington, IL 60010