Palos Heights Real Estate Market Update October 2018
Real Estate In Palos Heights is a balanced market favoring buyers. There is significant amount of homes for sale in Palos Heights, and buyers are not in a rush to buy yet. There is a 6.23 months supply of inventory on the market in Palos Heights on October 31, 2018.
Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Palos Heights last month was 35 days.
It took on average 31 days to sell Palos Heights Condo, Townhouse or a Duplex.
The number of home sales in Palos Heights from September 1, 2018 through September 30, 2018 was 15 units. That is 1% above the number of homes sold last month in Palos Heights.
The average price per square foot in the area is now $104/Sq.Ft, which is 33% a decline from last month.
In Palos Heights there were 9 units sold in September in the price range between $184,000 – $217,133 with an average of 2.3 bedrooms and 2 bathrooms and average Square footage of 1,544SF.
In Palos Heights there were 4 units sold in September in the price range between $217,134 – $355,132 with an average of 4 bedrooms and 2.5 bathrooms and average Square footage of 2,337SF.
In Palos Heights there were 2 units sold in September in the price range between $355,133 – $460,000 with an average of 4.5 bedrooms and 3.1 bathrooms and average Square footage of 2,985SF.
The low price range had the most activity. Homes up to $217,133 were on the market on average 31 days and sold an average of $198,888.
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 Heights. Search all Palos Heights homes for Sale on propertyup.com If you are considering viewing Palos Heights, you may want to do so now!
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source http://realestatevibe.com/palos-heights-real-estate-market-update-October-2018/
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