Hyde Park Chicago Real Estate Market Update April 2018


Real Estate In Hyde Park, Chicago is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.51 months supply of inventory on the market in Hyde Park, Chicago on April 30, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Hyde Park, Chicago last month was 41 days.
It took on average 74 days to sell Hyde Park, Chicago Condo, Townhouse or a Duplex.
The number of home sales in Hyde Park, Chicago from March 1, 2018 through March 31, 2018 was 15 units. That is 1% above the number of homes sold last month in Hyde Park, Chicago.

The average price per square foot in the area is now $162/Sq.Ft, which is 29% an increase from last month.



In Hyde Park, Chicago there were 3 units sold in March in the price range between $59,000 – $172,100 with an average of 1.3 bedrooms and 1 bathrooms and average Square footage of 900SF.

In Hyde Park, Chicago there were 11 units sold in March in the price range between $172,101 – $617,599 with an average of 3 bedrooms and 1.9 bathrooms and average Square footage of 1,666SF.

In Hyde Park, Chicago there were 1 units sold in March in the price range between $617,600 – $950,000 with an average of 4 bedrooms and 3.1 bathrooms and average Square footage of 0SF.

The low price range had the most activity. Homes up to $172,100 were on the market on average 52 days and sold an average of $79,666.

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 Hyde Park, Chicago. Search all Hyde Park, Chicago homes for Sale on propertyup.com If you are considering viewing Hyde Park, 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
$314,618
$316,642
Median Sales Price
$221,100
$285,200
Month supply of inventory
4
5.5
Market Time Detached
0 days
41 days
Market Time Attached
40 days
74 days
Inventory
102 properties
137 properties
Low price range
$85,000 – $153,050
$59,000 – $172,100
Low price range market time
27 days
52 days
Low price range units sold
5
3
Low price range bedrooms
1.4
1.3
Low price range bathrooms
1.4
1
Low price range approx sqft
1,100 SF
900 SF
Mid price range
$153,051 – $378,049
$172,101 – $617,599
Mid price range market time
41 days
81 days
Mid price range units sold
3
11
Mid price range bedrooms
2.7
3
Mid price range bathrooms
1.7
1.9
Mid price range approx sqft
1,767 SF
1,666 SF
High price range
$378,050 – $535,000
$617,600 – $950,000
High price range market time
103 days
1 days
High price range units sold
1
1
High price range bedrooms
4
4
High price range bathrooms
3
3.1
High price range approxsqft
3,200 SF
0 SF

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