Hegewisch Neighborhood Chicago Real Estate Market Update January 2019


Real Estate In Hegewisch, Chicago is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.39 months supply of inventory on the market in Hegewisch, Chicago on January 31, 2019.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Hegewisch, Chicago last month was 34 days.
The number of home sales in Hegewisch, Chicago from December 1, 2018 through December 31, 2018 was 5 units. That is 1% above the number of homes sold last month in Hegewisch, Chicago.
The average price per square foot in the area is now $98/Sq.Ft, which is 8% an increase from last month.


In Hegewisch, Chicago there were 1 units sold in December in the price range between $55,000 – $94,650 with an average of 3 bedrooms and 1 bathrooms and average Square footage of 950SF.

In Hegewisch, Chicago there were 2 units sold in December in the price range between $94,651 – $159,399 with an average of 3 bedrooms and 1.6 bathrooms and average Square footage of 1,265SF.

In Hegewisch, Chicago there were 2 units sold in December in the price range between $159,400 – $184,500 with an average of 3.5 bedrooms and 1.6 bathrooms and average Square footage of 1,492SF.

The high price range had the most activity. Homes up to $184,500 were on the market on average 50 days and sold an average of $177,250.

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 Hegewisch, Chicago. Search all Hegewisch, Chicago homes for Sale on propertyup.com If you are considering viewing Hegewisch, 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
$132,957
$138,077
Median Sales Price
$137,880
$134,300
Month supply of inventory
6.4
5.4
Market Time Detached
58 days
34 days
Market Time Attached
0 days
0 days
Inventory
43 properties
39 properties
Low price range
$115,000 – $126,440
$55,000 – $94,650
Low price range market time
29 days
45 days
Low price range units sold
0
1
Low price range bedrooms
3
3
Low price range bathrooms
1.5
1
Low price range approx sqft
1,188 SF
950 SF
Mid price range
$126,441 – $151,889
$94,651 – $159,399
Mid price range market time
55 days
14 days
Mid price range units sold
2
2
Mid price range bedrooms
3.5
3
Mid price range bathrooms
2
1.6
Mid price range approx sqft
2,200 SF
1,265 SF
High price range
$151,890 – $165,900
$159,400 – $184,500
High price range market time
125 days
50 days
High price range units sold
1
2
High price range bedrooms
3
3.5
High price range bathrooms
1
1.6
High price range approxsqft
1,055 SF
1,492 SF

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

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