Algonquin Real Estate and Homes market update for the last 3 months!

 

Single Family

Active listing 294

Under contract 44

Sold and closed 35

Average days on the market 184

 

Condos/Townhomes

Active 121

Under contract 15

Sold and closed 19

Average days on the market 180

Algonquin Real Estate is still selling!  If you are priced right and are willing to wait it out it will sell.  There still is a high number of homes available in Algonquin.  There is about 25% more under contract now then a month ago.  There is light at the end of the tunnel!  It will take some time before the inventory reduces.  It is a great time to buy Real Estate in Algonquin!  Rates are very low and sellers are willing to get the deal done!