Oak Brook Real Estate Market Update December 2018


Real Estate In Oak Brook is a strong buyers market. Plenty of homes for sale in Oak Brook and a lot of opportunity to gargan hard for the buyers. There is a 9.71 months supply of inventory on the market in Oak Brook on December 31, 1969.



Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Oak Brook last month was 116 days.
It took on average 58 days to sell Oak Brook Condo, Townhouse or a Duplex.
The number of home sales in Oak Brook from November 1, 2018 through November 30, 2018 was 5 units. That is 1% above the number of homes sold last month in Oak Brook.

The average price per square foot in the area is now $129/Sq.Ft, which is 37% a decline from last month.



In Oak Brook there were 3 units sold in November in the price range between $115,000 – $321,147 with an average of 1.7 bedrooms and 1.7 bathrooms and average Square footage of 1,132SF.

In Oak Brook there were 1 units sold in November in the price range between $321,148 – $913,646 with an average of 3 bedrooms and 3.1 bathrooms and average Square footage of 4,114SF.

In Oak Brook there were 1 units sold in November in the price range between $913,647 – $1,300,000 with an average of 6 bedrooms and 6.3 bathrooms and average Square footage of 7,069SF.

The low price range had the most activity. Homes up to $321,147 were on the market on average 58 days and sold an average of $185,000.

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

Oak Brook
Oct 1, 2018 – Oct 31, 2018
Nov 1, 2018 – Nov 30, 2018
Month
October
November
Average Listing Price
$1,154,110
$1,160,010
Median Sales Price
$822,750
$527,293
Month supply of inventory
10.1
9.7
Market Time Detached
90 days
116 days
Market Time Attached
24 days
58 days
Inventory
198 properties
186 properties
Low price range
$91,000 – $456,875
$115,000 – $321,147
Low price range market time
14 days
58 days
Low price range units sold
0
3
Low price range bedrooms
1.7
1.7
Low price range bathrooms
1.7
1.7
Low price range approx sqft
1,437 SF
1,132 SF
Mid price range
$456,876 – $1,528,874
$321,148 – $913,646
Mid price range market time
89 days
71 days
Mid price range units sold
10
1
Mid price range bedrooms
3.9
3
Mid price range bathrooms
3.2
3.1
Mid price range approx sqft
3,504 SF
4,114 SF
High price range
$1,528,875 – $2,235,000
$913,647 – $1,300,000
High price range market time
81 days
161 days
High price range units sold
2
1
High price range bedrooms
6
6
High price range bathrooms
6.2
6.3
High price range approxsqft
7,037 SF
7,069 SF

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source https://realestatevibe.com/oak-brook-real-estate-market-update-December-2018/

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