Sales dropped to two homes sold over the last 30 days in the Elgin market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to one for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. As new listings trended lower the average selling price followed the pattern, hitting a three-month low at $73,219.
If you have a tight budget for your next home, begin the search with these low-cost listings in Elgin:
Get started right now by checking out Elgin homes for sale or reviewing Elgin real estate trends.