Coal City Real Estate Market Update December 2018


Real Estate In Coal City is a sellers’ market with low inventory of homes in Coal City and a lot of buyer interest. There is a 2.13 months supply of inventory on the market in Coal City on December 31, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Coal City last month was 49 days.
It took on average 26 days to sell Coal City Condo, Townhouse or a Duplex.
The number of home sales in Coal City from November 1, 2018 through November 30, 2018 was 10 units. That is 1% above the number of homes sold last month in Coal City.

The average price per square foot in the area is now $104/Sq.Ft, which is 26% a decline from last month.



In Coal City there were 2 units sold in November in the price range between $75,000 – $110,925 with an average of 2.5 bedrooms and 1.1 bathrooms and average Square footage of 1,024SF.

In Coal City there were 6 units sold in November in the price range between $110,926 – $178,424 with an average of 2.7 bedrooms and 1.3 bathrooms and average Square footage of 1,178SF.

In Coal City there were 2 units sold in November in the price range between $178,425 – $210,000 with an average of 4 bedrooms and 2 bathrooms and average Square footage of 1,811SF.

The middle price range had the most activity. Homes up to $178,424 were on the market on average 24 days and sold an average of $152,000.

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

Coal City
Oct 1, 2018 – Oct 31, 2018
Nov 1, 2018 – Nov 30, 2018
Month
October
November
Average Listing Price
$164,829
$181,193
Median Sales Price
$193,556
$146,850
Month supply of inventory
3.5
2.1
Market Time Detached
50 days
49 days
Market Time Attached
0 days
26 days
Inventory
56 properties
42 properties
Low price range
$118,000 – $155,778
$75,000 – $110,925
Low price range market time
23 days
83 days
Low price range units sold
0
2
Low price range bedrooms
2.3
2.5
Low price range bathrooms
1
1.1
Low price range approx sqft
1,029 SF
1,024 SF
Mid price range
$155,779 – $251,777
$110,926 – $178,424
Mid price range market time
104 days
24 days
Mid price range units sold
4
6
Mid price range bedrooms
4
2.7
Mid price range bathrooms
2.6
1.3
Mid price range approx sqft
2,280 SF
1,178 SF
High price range
$251,778 – $310,000
$178,425 – $210,000
High price range market time
34 days
78 days
High price range units sold
3
2
High price range bedrooms
4
4
High price range bathrooms
2.1
2
High price range approxsqft
2,945 SF
1,811 SF

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source http://realestatevibe.com/coal-city-real-estate-market-update-December-2018/

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