Oak Lawn Real Estate Market Update November 2018

Real Estate In Oak Lawn is a sellers’ market with low inventory of homes in Oak Lawn and a lot of buyer interest. There is a 4.69 months supply of inventory on the market in Oak Lawn on November 30, 2018.
Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Oak Lawn last month was 38 days.
It took on average 41 days to sell Oak Lawn Condo, Townhouse or a Duplex.
The number of home sales in Oak Lawn from October 1, 2018 through October 31, 2018 was 76 units. That is 1% above the number of homes sold last month in Oak Lawn.
The average price per square foot in the area is now $118/Sq.Ft, which is 0% an increase from last month.
In Oak Lawn there were 19 units sold in October in the price range between $45,100 – $114,324 with an average of 1.8 bedrooms and 1.2 bathrooms and average Square footage of 994SF.
In Oak Lawn there were 55 units sold in October in the price range between $114,325 – $329,273 with an average of 3.2 bedrooms and 1.7 bathrooms and average Square footage of 1,504SF.
In Oak Lawn there were 2 units sold in October in the price range between $329,274 – $475,000 with an average of 5 bedrooms and 3.6 bathrooms and average Square footage of 3,810SF.
The low price range had the most activity. Homes up to $114,324 were on the market on average 41 days and sold an average of $78,655.
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 Oak Lawn. Search all Oak Lawn homes for Sale on propertyup.com If you are considering viewing Oak Lawn, you may want to do so now!




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