Edison Park Neighborhood Chicago Real Estate Market Update December 2018


Real Estate In Edison Park, Chicago is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.86 months supply of inventory on the market in Edison Park, Chicago on December 31, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Edison Park, Chicago last month was 26 days.
It took on average 904 days to sell Edison Park, Chicago Condo, Townhouse or a Duplex.
The number of home sales in Edison Park, Chicago from November 1, 2018 through November 30, 2018 was 10 units. That is 1% above the number of homes sold last month in Edison Park, Chicago.

The average price per square foot in the area is now $220/Sq.Ft, which is 1% a decline from last month.



In Edison Park, Chicago there were 3 units sold in November in the price range between $173,500 – $291,500 with an average of 2.3 bedrooms and 1 bathrooms and average Square footage of 951SF.

In Edison Park, Chicago there were 3 units sold in November in the price range between $291,501 – $523,499 with an average of 3.7 bedrooms and 1.8 bathrooms and average Square footage of 1,439SF.

In Edison Park, Chicago there were 4 units sold in November in the price range between $523,500 – $637,500 with an average of 3.8 bedrooms and 3.1 bathrooms and average Square footage of 2,414SF.

The high price range had the most activity. Homes up to $637,500 were on the market on average 24 days and sold an average of $583,500.

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

Chicago
Oct 1, 2018 – Oct 31, 2018
Nov 1, 2018 – Nov 30, 2018
Month
October
November
Average Listing Price
$405,767
$393,970
Median Sales Price
$417,917
$409,500
Month supply of inventory
6.9
5.9
Market Time Detached
48 days
26 days
Market Time Attached
21 days
904 days
Inventory
98 properties
85 properties
Low price range
$71,000 – $244,459
$173,500 – $291,500
Low price range market time
10 days
321 days
Low price range units sold
0
3
Low price range bedrooms
1.8
2.3
Low price range bathrooms
1
1
Low price range approx sqft
800 SF
951 SF
Mid price range
$244,460 – $682,958
$291,501 – $523,499
Mid price range market time
60 days
28 days
Mid price range units sold
5
3
Mid price range bedrooms
3
3.7
Mid price range bathrooms
2.4
1.8
Mid price range approx sqft
1,591 SF
1,439 SF
High price range
$682,959 – $948,000
$523,500 – $637,500
High price range market time
35 days
24 days
High price range units sold
3
4
High price range bedrooms
4.7
3.8
High price range bathrooms
3.4
3.1
High price range approxsqft
4,100 SF
2,414 SF

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source http://realestatevibe.com/edison-park-neighborhood-chicago-real-estate-market-update-December-2018/

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