Hermosa Neighborhood Chicago Real Estate Market Update January 2019


Real Estate In Hermosa, Chicago is a sellers’ market with low inventory of homes in Hermosa, Chicago and a lot of buyer interest. There is a 4.77 months supply of inventory on the market in Hermosa, Chicago on January 31, 2019.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Hermosa, Chicago last month was 50 days.
The number of home sales in Hermosa, Chicago from December 1, 2018 through December 31, 2018 was 6 units. That is 1% above the number of homes sold last month in Hermosa, Chicago.
The average price per square foot in the area is now $165/Sq.Ft, which is 31% a decline from last month.


In Hermosa, Chicago there were 2 units sold in December in the price range between $185,000 – $221,583 with an average of 3.5 bedrooms and 1.6 bathrooms and average Square footage of 1,300SF.

In Hermosa, Chicago there were 2 units sold in December in the price range between $221,584 – $301,582 with an average of 3.5 bedrooms and 1.6 bathrooms and average Square footage of 0SF.

In Hermosa, Chicago there were 2 units sold in December in the price range between $301,583 – $345,000 with an average of 3.5 bedrooms and 3 bathrooms and average Square footage of 2,200SF.

The high price range had the most activity. Homes up to $345,000 were on the market on average 7 days and sold an average of $327,000.

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

Chicago
Nov 1, 2018 – Nov 30, 2018
Dec 1, 2018 – Dec 31, 2018
Month
November
December
Average Listing Price
$268,772
$279,241
Median Sales Price
$361,250
$258,166
Month supply of inventory
5.5
4.8
Market Time Detached
13 days
50 days
Market Time Attached
0 days
0 days
Inventory
71 properties
61 properties
Low price range
$282,500 – $321,875
$185,000 – $221,583
Low price range market time
12 days
34 days
Low price range units sold
0
2
Low price range bedrooms
5
3.5
Low price range bathrooms
3
1.6
Low price range approx sqft
2,515 SF
1,300 SF
Mid price range
$321,876 – $400,624
$221,584 – $301,582
Mid price range market time
0 days
110 days
Mid price range units sold
0
2
Mid price range bedrooms
0
3.5
Mid price range bathrooms
0
1.6
Mid price range approx sqft
0 SF
0 SF
High price range
$400,625 – $440,000
$301,583 – $345,000
High price range market time
14 days
7 days
High price range units sold
1
2
High price range bedrooms
4
3.5
High price range bathrooms
3
3
High price range approxsqft
3,500 SF
2,200 SF

The post Hermosa Neighborhood Chicago Real Estate Market Update January 2019 appeared first on Real Estate Vibe - Property Up.



source https://realestatevibe.com/hermosa-neighborhood-chicago-real-estate-market-update-January-2019/

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