East Garfield Park Neighborhood Chicago Real Estate Market Update January 2019


Real Estate In East Garfield Park, Chicago is a strong buyers market. Plenty of homes for sale in East Garfield Park, Chicago and a lot of opportunity to gargan hard for the buyers. There is a 9.39 months supply of inventory on the market in East Garfield Park, Chicago on January 31, 2019.
Now is the Time to Buy! The average market time for a Single Family Homes to sell in East Garfield Park, Chicago last month was 69 days. It took on average 107 days to sell East Garfield Park, Chicago Condo, Townhouse or a Duplex.
The number of home sales in East Garfield Park, Chicago from December 1, 2018 through December 31, 2018 was 8 units. That is 1% above the number of homes sold last month in East Garfield Park, Chicago.
The average price per square foot in the area is now $72/Sq.Ft, which is 22% a decline from last month.


In East Garfield Park, Chicago there were 2 units sold in December in the price range between $33,000 – $81,420 with an average of 3 bedrooms and 2 bathrooms and average Square footage of 1,693SF.

In East Garfield Park, Chicago there were 5 units sold in December in the price range between $81,421 – $169,919 with an average of 3 bedrooms and 2 bathrooms and average Square footage of 1,881SF.

In East Garfield Park, Chicago there were 1 units sold in December in the price range between $169,920 – $210,000 with an average of 3 bedrooms and 2.1 bathrooms and average Square footage of 1,500SF.

The low price range had the most activity. Homes up to $81,420 were on the market on average 64 days and sold an average of $56,500.

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

Chicago
Nov 1, 2018 – Nov 30, 2018
Dec 1, 2018 – Dec 31, 2018
Month
November
December
Average Listing Price
$189,112
$198,180
Median Sales Price
$173,300
$129,839
Month supply of inventory
11.1
9.4
Market Time Detached
44 days
69 days
Market Time Attached
55 days
107 days
Inventory
123 properties
113 properties
Low price range
$58,000 – $115,650
$33,000 – $81,420
Low price range market time
13 days
64 days
Low price range units sold
0
2
Low price range bedrooms
3
3
Low price range bathrooms
1
2
Low price range approx sqft
1,360 SF
1,693 SF
Mid price range
$115,651 – $220,649
$81,421 – $169,919
Mid price range market time
60 days
104 days
Mid price range units sold
5
5
Mid price range bedrooms
3.2
3
Mid price range bathrooms
1.9
2
Mid price range approx sqft
2,331 SF
1,881 SF
High price range
$220,650 – $268,000
$169,920 – $210,000
High price range market time
7 days
56 days
High price range units sold
1
1
High price range bedrooms
3
3
High price range bathrooms
2
2.1
High price range approxsqft
3,000 SF
1,500 SF

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source https://realestatevibe.com/east-garfield-park-neighborhood-chicago-real-estate-market-update-January-2019/

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