South Deering Neighborhood Chicago Real Estate Market Update December 2018


Real Estate In South Deering, Chicago is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.71 months supply of inventory on the market in South Deering, Chicago on December 31, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in South Deering, Chicago last month was 17 days.
It took on average 47 days to sell South Deering, Chicago Condo, Townhouse or a Duplex.
The number of home sales in South Deering, Chicago from November 1, 2018 through November 30, 2018 was 5 units. That is 1% above the number of homes sold last month in South Deering, Chicago.

The average price per square foot in the area is now $65/Sq.Ft, which is 17% an increase from last month.



In South Deering, Chicago there were 2 units sold in November in the price range between $23,500 – $47,570 with an average of 2.5 bedrooms and 1 bathrooms and average Square footage of 1,001SF.

In South Deering, Chicago there were 1 units sold in November in the price range between $47,571 – $102,319 with an average of 3 bedrooms and 1 bathrooms and average Square footage of 1,205SF.

In South Deering, Chicago there were 2 units sold in November in the price range between $102,320 – $133,000 with an average of 3 bedrooms and 1.6 bathrooms and average Square footage of 968SF.

The high price range had the most activity. Homes up to $133,000 were on the market on average 24 days and sold an average of $120,100.

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 South Deering, Chicago. Search all South Deering, Chicago homes for Sale on propertyup.com If you are considering viewing South Deering, 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
$78,286
$77,691
Median Sales Price
$61,350
$71,640
Month supply of inventory
6.1
5.7
Market Time Detached
30 days
17 days
Market Time Attached
134 days
47 days
Inventory
62 properties
58 properties
Low price range
$10,000 – $35,675
$23,500 – $47,570
Low price range market time
134 days
28 days
Low price range units sold
0
2
Low price range bedrooms
2
2.5
Low price range bathrooms
1
1
Low price range approx sqft
1,143 SF
1,001 SF
Mid price range
$35,676 – $104,374
$47,571 – $102,319
Mid price range market time
6 days
9 days
Mid price range units sold
1
1
Mid price range bedrooms
2
3
Mid price range bathrooms
1
1
Mid price range approx sqft
795 SF
1,205 SF
High price range
$104,375 – $147,400
$102,320 – $133,000
High price range market time
54 days
24 days
High price range units sold
1
2
High price range bedrooms
4
3
High price range bathrooms
2
1.6
High price range approxsqft
1,575 SF
968 SF

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



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

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