Washington Heights Chicago Real Estate Market Update April 2018


Real Estate In Washington Heights, Chicago is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.8 months supply of inventory on the market in Washington Heights, Chicago on April 30, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Washington Heights, Chicago last month was 102 days.
The number of home sales in Washington Heights, Chicago from March 1, 2018 through March 31, 2018 was 32 units. That is 1% above the number of homes sold last month in Washington Heights, Chicago.

The average price per square foot in the area is now $96/Sq.Ft, which is 22% an increase from last month.



In Washington Heights, Chicago there were 10 units sold in March in the price range between $18,500 – $79,733 with an average of 3 bedrooms and 1.8 bathrooms and average Square footage of 1,243SF.

In Washington Heights, Chicago there were 18 units sold in March in the price range between $79,734 – $245,432 with an average of 3.9 bedrooms and 2.1 bathrooms and average Square footage of 1,733SF.

In Washington Heights, Chicago there were 4 units sold in March in the price range between $245,433 – $349,900 with an average of 4 bedrooms and 2.6 bathrooms and average Square footage of 2,179SF.

The low price range had the most activity. Homes up to $79,733 were on the market on average 144 days and sold an average of $40,455.

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

Chicago
Feb 1, 2018 – Feb 28, 2018
Mar 1, 2018 – Mar 31, 2018
Month
February
March
Average Listing Price
$128,588
$128,313
Median Sales Price
$115,995
$140,966
Month supply of inventory
5.6
5.8
Market Time Detached
60 days
102 days
Market Time Attached
0 days
0 days
Inventory
159 properties
173 properties
Low price range
$15,000 – $65,498
$18,500 – $79,733
Low price range market time
32 days
144 days
Low price range units sold
5
10
Low price range bedrooms
3
3
Low price range bathrooms
1.3
1.8
Low price range approx sqft
1,170 SF
1,243 SF
Mid price range
$65,499 – $162,497
$79,734 – $245,432
Mid price range market time
88 days
74 days
Mid price range units sold
11
18
Mid price range bedrooms
3.5
3.9
Mid price range bathrooms
1.8
2.1
Mid price range approx sqft
2,041 SF
1,733 SF
High price range
$162,498 – $209,000
$245,433 – $349,900
High price range market time
19 days
125 days
High price range units sold
4
4
High price range bedrooms
4.5
4
High price range bathrooms
2
2.6
High price range approxsqft
1,790 SF
2,179 SF

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source http://realestatevibe.com/washington-heights-chicago-real-estate-market-update-April-2018/

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