Grand Boulevard Chicago Real Estate Market Update April 2018


Real Estate In Grand Boulevard, Chicago is a balanced market favoring buyers. There is significant amount of homes for sale in Grand Boulevard, Chicago, and buyers are not in a rush to buy yet. There is a 6.89 months supply of inventory on the market in Grand Boulevard, Chicago on April 30, 2018.



Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Grand Boulevard, Chicago last month was 38 days.
It took on average 87 days to sell Grand Boulevard, Chicago Condo, Townhouse or a Duplex.
The number of home sales in Grand Boulevard, Chicago from March 1, 2018 through March 31, 2018 was 21 units. That is 1% above the number of homes sold last month in Grand Boulevard, Chicago.

The average price per square foot in the area is now $136/Sq.Ft, which is 1% a decline from last month.



In Grand Boulevard, Chicago there were 7 units sold in March in the price range between $56,500 – $170,248 with an average of 2.3 bedrooms and 1.9 bathrooms and average Square footage of 1,600SF.

In Grand Boulevard, Chicago there were 10 units sold in March in the price range between $170,249 – $450,747 with an average of 3.6 bedrooms and 2.7 bathrooms and average Square footage of 2,528SF.

In Grand Boulevard, Chicago there were 4 units sold in March in the price range between $450,748 – $617,500 with an average of 4.8 bedrooms and 3.4 bathrooms and average Square footage of 3,479SF.

The low price range had the most activity. Homes up to $170,248 were on the market on average 96 days and sold an average of $131,357.

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 Grand Boulevard, Chicago. Search all Grand Boulevard, Chicago homes for Sale on propertyup.com If you are considering viewing Grand Boulevard, 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
$221,445
$222,582
Median Sales Price
$285,218
$283,995
Month supply of inventory
5.8
6.9
Market Time Detached
77 days
38 days
Market Time Attached
88 days
87 days
Inventory
158 properties
176 properties
Low price range
$63,900 – $174,559
$56,500 – $170,248
Low price range market time
100 days
96 days
Low price range units sold
3
7
Low price range bedrooms
2.3
2.3
Low price range bathrooms
1.7
1.9
Low price range approx sqft
1,175 SF
1,600 SF
Mid price range
$174,560 – $437,608
$170,249 – $450,747
Mid price range market time
107 days
73 days
Mid price range units sold
6
10
Mid price range bedrooms
3.3
3.6
Mid price range bathrooms
2.5
2.7
Mid price range approx sqft
1,741 SF
2,528 SF
High price range
$437,609 – $590,000
$450,748 – $617,500
High price range market time
6 days
47 days
High price range units sold
2
4
High price range bedrooms
5.5
4.8
High price range bathrooms
3.6
3.4
High price range approxsqft
0 SF
3,479 SF

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source http://realestatevibe.com/grand-boulevard-chicago-real-estate-market-update-April-2018/

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