Palos Hills Real Estate Market Update July 2018


Real Estate In Palos Hills is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.61 months supply of inventory on the market in Palos Hills on July 31, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Palos Hills last month was 32 days.
It took on average 19 days to sell Palos Hills Condo, Townhouse or a Duplex.
The number of home sales in Palos Hills from June 1, 2018 through June 30, 2018 was 28 units. That is 1% above the number of homes sold last month in Palos Hills.

The average price per square foot in the area is now $121/Sq.Ft, which is 0% an increase from last month.



In Palos Hills there were 10 units sold in June in the price range between $87,000 – $150,005 with an average of 2.1 bedrooms and 1.7 bathrooms and average Square footage of 1,066SF.

In Palos Hills there were 17 units sold in June in the price range between $150,006 – $356,004 with an average of 3.2 bedrooms and 2.2 bathrooms and average Square footage of 1,826SF.

In Palos Hills there were 1 units sold in June in the price range between $356,005 – $499,000 with an average of 5 bedrooms and 4.1 bathrooms and average Square footage of 3,600SF.

The low price range had the most activity. Homes up to $150,005 were on the market on average 17 days and sold an average of $130,327.

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

Palos Hills
May 1, 2018 – May 31, 2018
Jun 1, 2018 – Jun 30, 2018
Month
May
June
Average Listing Price
$194,450
$241,387
Median Sales Price
Any
$213,009
Month supply of inventory
0
5.6
Market Time Detached
0 days
32 days
Market Time Attached
0 days
19 days
Inventory
0 properties
129 properties
Low price range
Any – Any
$87,000 – $150,005
Low price range market time
0 days
17 days
Low price range units sold
0
10
Low price range bedrooms
0
2.1
Low price range bathrooms
0
1.7
Low price range approx sqft
0 SF
1,066 SF
Mid price range
$1 – $-1
$150,006 – $356,004
Mid price range market time
0 days
30 days
Mid price range units sold
0
17
Mid price range bedrooms
0
3.2
Mid price range bathrooms
0
2.2
Mid price range approx sqft
0 SF
1,826 SF
High price range
Any – Any
$356,005 – $499,000
High price range market time
0 days
23 days
High price range units sold
0
1
High price range bedrooms
0
5
High price range bathrooms
0
4.1
High price range approxsqft
0 SF
3,600 SF

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source http://realestatevibe.com/palos-hills-real-estate-market-update-July-2018/

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