Algonquin-How is the current Real Estate Market? McHenry County, Illinois

How is the current Real Estate Market in Algonquin, McHenry County, Illinois?



As of this morning, per MRED MLS, for the past 3 months:

We currently have 342 Single Family homes on the market in Algonquin that are active and available.

They have been on the market for an average of 181 days.

The average list price is Algonquin is $360,645.

During the past 3 months, 44 Single Family homes have successfully closed in Algonquin with the help of their Realtors. This represents 75% of the market that has had success. They took an average of 195 days on the market in Algonquin to SELL and Close.

The average list price of the SOLD Single Family homes in Algonquin was $331,459 and the average SOLD price was $315,706.

So, on the average Single Family homes in Algonquin have been getting an average of 95% of their list prices, with the help of their Realtors.



We currently have 140 Attached homes on the market in Algonquin that are active and available.

They have been on the market for an average of 141 days.

The average list price is $211,409.

During the past 3 months, 14 Attached homes in Algonquin have successfully closed with the help of their Realtors. This only represents 52% of the market that have had success. They took an average of 128 days on the market to get SOLD.

The average list price of the SOLD Attached homes in Algonquin was $202,129 and the average SOLD price was $193,534.

So...Attached homes in Algonquin have been getting an average of 97% of their list prices, with the help of their Realtors.

We are still experiencing a Buyer's Market in Algonquin but the market statistics are improving!




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Information deemed accurate and reliable but not guaranteed. Source MRED MLS.