Portage Park Neighborhood Chicago Real Estate Market Update December 2018


Real Estate In Portage Park, Chicago is a sellers’ market with low inventory of homes in Portage Park, Chicago and a lot of buyer interest. There is a 4.81 months supply of inventory on the market in Portage Park, Chicago on December 31, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Portage Park, Chicago last month was 35 days.
It took on average 57 days to sell Portage Park, Chicago Condo, Townhouse or a Duplex.
The number of home sales in Portage Park, Chicago from November 1, 2018 through November 30, 2018 was 32 units. That is 1% above the number of homes sold last month in Portage Park, Chicago.

The average price per square foot in the area is now $164/Sq.Ft, which is 12% an increase from last month.



In Portage Park, Chicago there were 4 units sold in November in the price range between $63,000 – $183,623 with an average of 2 bedrooms and 1 bathrooms and average Square footage of 942SF.

In Portage Park, Chicago there were 23 units sold in November in the price range between $183,624 – $407,122 with an average of 3.7 bedrooms and 2.3 bathrooms and average Square footage of 1,816SF.

In Portage Park, Chicago there were 5 units sold in November in the price range between $407,123 – $510,000 with an average of 4.2 bedrooms and 3.2 bathrooms and average Square footage of 2,952SF.

The middle price range had the most activity. Homes up to $407,122 were on the market on average 45 days and sold an average of $303,560.

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

Chicago
Oct 1, 2018 – Oct 31, 2018
Nov 1, 2018 – Nov 30, 2018
Month
October
November
Average Listing Price
$333,471
$320,149
Median Sales Price
$281,794
$304,246
Month supply of inventory
5.7
4.8
Market Time Detached
38 days
35 days
Market Time Attached
26 days
57 days
Inventory
343 properties
281 properties
Low price range
$70,000 – $175,897
$63,000 – $183,623
Low price range market time
64 days
33 days
Low price range units sold
0
4
Low price range bedrooms
1.5
2
Low price range bathrooms
1
1
Low price range approx sqft
782 SF
942 SF
Mid price range
$175,898 – $359,346
$183,624 – $407,122
Mid price range market time
34 days
45 days
Mid price range units sold
28
23
Mid price range bedrooms
3.6
3.7
Mid price range bathrooms
1.8
2.3
Mid price range approx sqft
1,430 SF
1,816 SF
High price range
$359,347 – $436,900
$407,123 – $510,000
High price range market time
58 days
24 days
High price range units sold
3
5
High price range bedrooms
4.3
4.2
High price range bathrooms
2.7
3.2
High price range approxsqft
2,005 SF
2,952 SF

The post Portage Park Neighborhood Chicago Real Estate Market Update December 2018 appeared first on Real Estate Vibe - Property Up.



source https://realestatevibe.com/portage-park-neighborhood-chicago-real-estate-market-update-December-2018/

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