Avalon Park Neighborhood Chicago Real Estate Market Update February 2019

Real Estate In Avalon Park, Chicago is a sellers’ market with low inventory of homes in Avalon Park, Chicago and a lot of buyer interest. There is a 4.89 months supply of inventory on the market in Avalon Park, Chicago on February 28, 2019.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Avalon Park, Chicago last month was 55 days.
The number of home sales in Avalon Park, Chicago from January 1, 2019 through January 31, 2019 was 9 units. That is 1% above the number of homes sold last month in Avalon Park, Chicago.
The average price per square foot in the area is now $91/Sq.Ft, which is 16% an increase from last month.

In Avalon Park, Chicago there were 4 units sold in January in the price range between $55,000 – $101,556 with an average of 3.5 bedrooms and 1.3 bathrooms and average Square footage of 1,347SF.

In Avalon Park, Chicago there were 1 units sold in January in the price range between $101,557 – $200,555 with an average of 4 bedrooms and 1.1 bathrooms and average Square footage of 1,100SF.

In Avalon Park, Chicago there were 4 units sold in January in the price range between $200,556 – $253,000 with an average of 4.3 bedrooms and 2.6 bathrooms and average Square footage of 2,432SF.

The high price range had the most activity. Homes up to $253,000 were on the market on average 35 days and sold an average of $237,375.

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

Chicago

Dec 1, 2018 – Dec 31, 2018

Jan 1, 2019 – Jan 31, 2019

Month

December

January

Average Listing Price

$150,567

$146,536

Median Sales Price

$130,930

$148,111

Month supply of inventory

5.5

4.9

Market Time Detached

57 days

55 days

Market Time Attached

9 days

0 days

Inventory

71 properties

62 properties

Low price range

$30,000 – $80,465

$55,000 – $101,556

Low price range market time

27 days

77 days

Low price range units sold

0

4

Low price range bedrooms

2

3.5

Low price range bathrooms

1

1.3

Low price range approx sqft

1,000 SF

1,347 SF

Mid price range

$80,466 – $177,414

$101,557 – $200,555

Mid price range market time

14 days

53 days

Mid price range units sold

1

1

Mid price range bedrooms

3

4

Mid price range bathrooms

1.1

1.1

Mid price range approx sqft

870 SF

1,100 SF

High price range

$177,415 – $223,900

$200,556 – $253,000

High price range market time

81 days

35 days

High price range units sold

5

4

High price range bedrooms

3.8

4.3

High price range bathrooms

2.2

2.6

High price range approxsqft

1,703 SF

2,432 SF

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source https://realestatevibe.com/avalon-park-neighborhood-chicago-real-estate-market-update-February-2019/