Douglas Neighborhood Chicago Real Estate Market Update March 2019


Real Estate In Douglas, Chicago is a sellers’ market with low inventory of homes in Douglas, Chicago and a lot of buyer interest. There is a 3.41 months supply of inventory on the market in Douglas, Chicago on March 31, 2019.
Now is the Time to Sell! It took on average 50 days to sell Douglas, Chicago Condo, Townhouse or a Duplex.
The number of home sales in Douglas, Chicago from February 1, 2019 through February 28, 2019 was 5 units. That is 1% above the number of homes sold last month in Douglas, Chicago.
The average price per square foot in the area is now $65/Sq.Ft, which is 45% a decline from last month.


In Douglas, Chicago there were 4 units sold in February in the price range between $65,000 – $91,169 with an average of 1.3 bedrooms and 1.3 bathrooms and average Square footage of 905SF.

In Douglas, Chicago there were 1 units sold in February in the price range between $199,669 – $282,000 with an average of 2 bedrooms and 2 bathrooms and average Square footage of 2,390SF.

The low price range had the most activity. Homes up to $91,169 were on the market on average 51 days and sold an average of $76,172.

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

Chicago
Jan 1, 2019 – Jan 31, 2019
Feb 1, 2019 – Feb 28, 2019
Month
January
February
Average Listing Price
$253,802
$261,851
Median Sales Price
$210,488
$117,338
Month supply of inventory
4.7
3.4
Market Time Detached
44 days
0 days
Market Time Attached
125 days
50 days
Inventory
50 properties
37 properties
Low price range
$62,000 – $136,244
$65,000 – $91,169
Low price range market time
95 days
51 days
Low price range units sold
0
4
Low price range bedrooms
1
1.3
Low price range bathrooms
1
1.3
Low price range approx sqft
593 SF
905 SF
Mid price range
$136,245 – $367,743
$91,170 – $199,668
Mid price range market time
131 days
0 days
Mid price range units sold
4
0
Mid price range bedrooms
2.5
0
Mid price range bathrooms
1.8
0
Mid price range approx sqft
1,775 SF
0 SF
High price range
$367,744 – $525,000
$199,669 – $282,000
High price range market time
39 days
48 days
High price range units sold
2
1
High price range bedrooms
3.5
2
High price range bathrooms
3.1
2
High price range approxsqft
2,613 SF
2,390 SF

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source https://realestatevibe.com/douglas-neighborhood-chicago-real-estate-market-update-March-2019/

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