Kankakee Real Estate Market Update November 2018


Real Estate In Kankakee is a balanced market favoring buyers. There is significant amount of homes for sale in Kankakee, and buyers are not in a rush to buy yet. There is a 6.57 months supply of inventory on the market in Kankakee on November 30, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Kankakee last month was 80 days.
The number of home sales in Kankakee from October 1, 2018 through October 31, 2018 was 33 units. That is 1% above the number of homes sold last month in Kankakee.

The average price per square foot in the area is now $60/Sq.Ft, which is 0% an increase from last month.



In Kankakee there were 7 units sold in October in the price range between $12,000 – $53,637 with an average of 2.7 bedrooms and 1.1 bathrooms and average Square footage of 975SF.

In Kankakee there were 25 units sold in October in the price range between $53,638 – $190,136 with an average of 3.2 bedrooms and 1.6 bathrooms and average Square footage of 1,643SF.

In Kankakee there were 1 units sold in October in the price range between $190,137 – $285,000 with an average of 3 bedrooms and 2 bathrooms and average Square footage of 1,780SF.

The low price range had the most activity. Homes up to $53,637 were on the market on average 134 days and sold an average of $24,835.

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

Kankakee
Sep 1, 2018 – Sep 30, 2018
Oct 1, 2018 – Oct 31, 2018
Month
September
October
Average Listing Price
$300,000
$121,578
Median Sales Price
Any
$95,274
Month supply of inventory
0
6.6
Market Time Detached
0 days
80 days
Market Time Attached
0 days
0 days
Inventory
0 properties
301 properties
Low price range
Any – Any
$12,000 – $53,637
Low price range market time
0 days
134 days
Low price range units sold
0
7
Low price range bedrooms
0
2.7
Low price range bathrooms
0
1.1
Low price range approx sqft
0 SF
975 SF
Mid price range
$1 – $-1
$53,638 – $190,136
Mid price range market time
0 days
63 days
Mid price range units sold
0
25
Mid price range bedrooms
0
3.2
Mid price range bathrooms
0
1.6
Mid price range approx sqft
0 SF
1,643 SF
High price range
Any – Any
$190,137 – $285,000
High price range market time
0 days
161 days
High price range units sold
0
1
High price range bedrooms
0
3
High price range bathrooms
0
2
High price range approxsqft
0 SF
1,780 SF

The post Kankakee Real Estate Market Update November 2018 appeared first on Real Estate Vibe - Property Up.



source http://realestatevibe.com/kankakee-real-estate-market-update-November-2018/

Comments

Popular Posts