Avondale Chicago Real Estate Market Update April 2018


Real Estate In Avondale, Chicago is a sellers’ market with low inventory of homes in Avondale, Chicago and a lot of buyer interest. There is a 4.51 months supply of inventory on the market in Avondale, Chicago on April 30, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Avondale, Chicago last month was 43 days.
It took on average 34 days to sell Avondale, Chicago Condo, Townhouse or a Duplex.
The number of home sales in Avondale, Chicago from March 1, 2018 through March 31, 2018 was 28 units. That is 1% above the number of homes sold last month in Avondale, Chicago.

The average price per square foot in the area is now $241/Sq.Ft, which is 22% an increase from last month.



In Avondale, Chicago there were 5 units sold in March in the price range between $161,500 – $298,721 with an average of 1.8 bedrooms and 1.2 bathrooms and average Square footage of 995SF.

In Avondale, Chicago there were 21 units sold in March in the price range between $298,722 – $642,970 with an average of 3 bedrooms and 2.3 bathrooms and average Square footage of 1,989SF.

In Avondale, Chicago there were 2 units sold in March in the price range between $642,971 – $850,000 with an average of 4 bedrooms and 3.1 bathrooms and average Square footage of 3,672SF.

The low price range had the most activity. Homes up to $298,721 were on the market on average 17 days and sold an average of $220,340.

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

Chicago
Feb 1, 2018 – Feb 28, 2018
Mar 1, 2018 – Mar 31, 2018
Month
February
March
Average Listing Price
$357,979
$358,440
Median Sales Price
$359,730
$435,942
Month supply of inventory
3.4
4.5
Market Time Detached
61 days
43 days
Market Time Attached
39 days
34 days
Inventory
119 properties
153 properties
Low price range
$100,000 – $229,865
$161,500 – $298,721
Low price range market time
48 days
17 days
Low price range units sold
6
5
Low price range bedrooms
1.8
1.8
Low price range bathrooms
1
1.2
Low price range approx sqft
944 SF
995 SF
Mid price range
$229,866 – $569,364
$298,722 – $642,970
Mid price range market time
51 days
43 days
Mid price range units sold
11
21
Mid price range bedrooms
3.2
3
Mid price range bathrooms
2.1
2.3
Mid price range approx sqft
1,886 SF
1,989 SF
High price range
$569,365 – $779,000
$642,971 – $850,000
High price range market time
13 days
26 days
High price range units sold
3
2
High price range bedrooms
3.7
4
High price range bathrooms
3.1
3.1
High price range approxsqft
2,600 SF
3,672 SF

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