East Side Neighborhood Chicago Real Estate Market Update February 2019


Real Estate In East Side, Chicago is a sellers’ market with low inventory of homes in East Side, Chicago and a lot of buyer interest. There is a 3.9 months supply of inventory on the market in East Side, Chicago on February 28, 2019.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in East Side, Chicago last month was 84 days. It took on average 15 days to sell East Side, Chicago Condo, Townhouse or a Duplex.
The number of home sales in East Side, Chicago from January 1, 2019 through January 31, 2019 was 8 units. That is 1% above the number of homes sold last month in East Side, Chicago.
The average price per square foot in the area is now $84/Sq.Ft, which is 30% a decline from last month.


In East Side, Chicago there were 3 units sold in January in the price range between $63,000 – $85,756 with an average of 3 bedrooms and 1.4 bathrooms and average Square footage of 1,258SF.

In East Side, Chicago there were 3 units sold in January in the price range between $85,757 – $136,718 with an average of 2.7 bedrooms and 1.3 bathrooms and average Square footage of 1,226SF.

In East Side, Chicago there were 2 units sold in January in the price range between $136,719 – $164,926 with an average of 3 bedrooms and 1.6 bathrooms and average Square footage of 1,346SF.

The low price range had the most activity. Homes up to $85,756 were on the market on average 118 days and sold an average of $66,467.

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 Side, Chicago. Search all East Side, Chicago homes for Sale on propertyup.com If you are considering viewing East Side, 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
$134,047
$135,816
Median Sales Price
$153,594
$108,512
Month supply of inventory
4.7
3.9
Market Time Detached
22 days
84 days
Market Time Attached
0 days
15 days
Inventory
68 properties
60 properties
Low price range
$73,350 – $113,472
$63,000 – $85,756
Low price range market time
26 days
118 days
Low price range units sold
0
3
Low price range bedrooms
3.3
3
Low price range bathrooms
1.7
1.4
Low price range approx sqft
1,009 SF
1,258 SF
Mid price range
$113,473 – $214,296
$85,757 – $136,718
Mid price range market time
18 days
17 days
Mid price range units sold
3
3
Mid price range bedrooms
3.7
2.7
Mid price range bathrooms
2.3
1.3
Mid price range approx sqft
1,401 SF
1,226 SF
High price range
$214,297 – $275,000
$136,719 – $164,926
High price range market time
21 days
101 days
High price range units sold
3
2
High price range bedrooms
4.7
3
High price range bathrooms
3
1.6
High price range approxsqft
2,728 SF
1,346 SF

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

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