Douglas Neighborhood Chicago Real Estate Market Update April 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 4.33 months supply of inventory on the market in Douglas, Chicago on April 30, 2019.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Douglas, Chicago last month was 123 days. It took on average 121 days to sell Douglas, Chicago Condo, Townhouse or a Duplex.
The number of home sales in Douglas, Chicago from March 1, 2019 through March 31, 2019 was 9 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 $97/Sq.Ft, which is 50% an increase from last month.


In Douglas, Chicago there were 5 units sold in March in the price range between $63,500 – $111,250 with an average of 1.3 bedrooms and 1.2 bathrooms and average Square footage of 741SF.

In Douglas, Chicago there were 3 units sold in March in the price range between $111,251 – $319,499 with an average of 2.3 bedrooms and 1.7 bathrooms and average Square footage of 1,567SF.

In Douglas, Chicago there were 1 units sold in March in the price range between $319,500 – $480,000 with an average of 3 bedrooms and 3.1 bathrooms and average Square footage of 3,282SF.

The low price range had the most activity. Homes up to $111,250 were on the market on average 149 days and sold an average of $86,600.

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
Feb 1, 2019 – Feb 28, 2019
Mar 1, 2019 – Mar 31, 2019
Month
February
March
Average Listing Price
$261,851
$264,793
Median Sales Price
$117,338
$159,000
Month supply of inventory
3.4
4.3
Market Time Detached
0 days
123 days
Market Time Attached
50 days
121 days
Inventory
37 properties
48 properties
Low price range
$65,000 – $91,169
$63,500 – $111,250
Low price range market time
51 days
149 days
Low price range units sold
0
5
Low price range bedrooms
1.3
1.3
Low price range bathrooms
1.3
1.2
Low price range approx sqft
905 SF
741 SF
Mid price range
$91,170 – $199,668
$111,251 – $319,499
Mid price range market time
0 days
77 days
Mid price range units sold
0
3
Mid price range bedrooms
0
2.3
Mid price range bathrooms
0
1.7
Mid price range approx sqft
0 SF
1,567 SF
High price range
$199,669 – $282,000
$319,500 – $480,000
High price range market time
48 days
123 days
High price range units sold
1
1
High price range bedrooms
2
3
High price range bathrooms
2
3.1
High price range approxsqft
2,390 SF
3,282 SF

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

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