O’hare Chicago Real Estate Market Update May 2018

Real Estate In O’hare, Chicago is a sellers’ market with low inventory of homes in O’hare, Chicago and a lot of buyer interest. There is a 3.3 months supply of inventory on the market in O’hare, Chicago on May 31, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in O”hare, Chicago last month was 2 days.
It took on average 16 days to sell O’hare, Chicago Condo, Townhouse or a Duplex.
The number of home sales in O”hare, Chicago from April 1, 2018 through April 30, 2018 was 18 units. That is 1% above the number of homes sold last month in O”hare, Chicago.

The average price per square foot in the area is now $146/Sq.Ft, which is 0% an increase from last month.

In O”hare, Chicago there were 5 units sold in April in the price range between $76,000 – $116,586 with an average of 1.3 bedrooms and 1 bathrooms and average Square footage of 748SF.

In O”hare, Chicago there were 10 units sold in April in the price range between $116,587 – $256,585 with an average of 2 bedrooms and 1.2 bathrooms and average Square footage of 1,048SF.

In O”hare, Chicago there were 3 units sold in April in the price range between $256,586 – $356,000 with an average of 2.3 bedrooms and 1.7 bathrooms and average Square footage of 1,560SF.

The low price range had the most activity. Homes up to $116,586 were on the market on average 24 days and sold an average of $100,400.

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 O”hare, Chicago. Search all O’hare, Chicago homes for Sale on propertyup.com If you are considering viewing O’hare, Chicago, you may want to do so now!

Chicago
Mar 1, 2018 – Mar 31, 2018
Apr 1, 2018 – Apr 30, 2018
Month
March
April
Average Listing Price
Any
$174,587
Median Sales Price
Any
$157,172
Month supply of inventory
0
3.3
Market Time Detached
0 days
2 days
Market Time Attached
0 days
16 days
Inventory
0 properties
51 properties
Low price range
Any – Any
$76,000 – $116,586
Low price range market time
0 days
24 days
Low price range units sold
0
5
Low price range bedrooms
0
1.3
Low price range bathrooms
0
1
Low price range approx sqft
0 SF
748 SF
Mid price range
Any – Any
$116,587 – $256,585
Mid price range market time
0 days
14 days
Mid price range units sold
0
10
Mid price range bedrooms
0
2
Mid price range bathrooms
0
1.2
Mid price range approx sqft
0 SF
1,048 SF
High price range
Any – Any
$256,586 – $356,000
High price range market time
0 days
9 days
High price range units sold
0
3
High price range bedrooms
0
2.3
High price range bathrooms
0
1.7
High price range approxsqft
0 SF
1,560 SF

 

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source http://realestatevibe.com/ohare-chicago-real-estate-market-update-may-2018/

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