O””hare Neighborhood Chicago Real Estate Market Update January 2019


Real Estate In O””hare, Chicago is a very strong buyers market with very large inventory and a low amount of buyers. There is a 24 months supply of inventory on the market in O””hare, Chicago on January 31, 2019.
Now is the Time to Buy! The average market time for a Single Family Homes to sell in O””hare, Chicago last month was 55 days. It took on average 45 days to sell O””hare, Chicago Condo, Townhouse or a Duplex.
The number of home sales in O””hare, Chicago from December 1, 2018 through December 31, 2018 was 6 units. That is 1% above the number of homes sold last month in O””hare, Chicago.
The average price per square foot in the area is now $167/Sq.Ft, which is 7% a decline from last month.


In O””hare, Chicago there were 3 units sold in December in the price range between $97,000 – $157,042 with an average of 1.7 bedrooms and 1 bathrooms and average Square footage of 875SF.

In O””hare, Chicago there were 1 units sold in December in the price range between $157,043 – $289,791 with an average of 3 bedrooms and 2.1 bathrooms and average Square footage of 0SF.

In O””hare, Chicago there were 2 units sold in December in the price range between $289,792 – $362,500 with an average of 3 bedrooms and 2.1 bathrooms and average Square footage of 1,384SF.

The low price range had the most activity. Homes up to $157,042 were on the market on average 30 days and sold an average of $123,000.

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 O””hare, Chicago. Search all O””hare, Chicago homes for Sale on propertyup.com If you are considering viewing O””hare, 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
$180,895
$213,147
Median Sales Price
$177,785
$217,083
Month supply of inventory
3.3
24
Market Time Detached
196 days
55 days
Market Time Attached
25 days
45 days
Inventory
41 properties
17 properties
Low price range
$96,000 – $136,893
$97,000 – $157,042
Low price range market time
35 days
30 days
Low price range units sold
0
3
Low price range bedrooms
1.7
1.7
Low price range bathrooms
1
1
Low price range approx sqft
950 SF
875 SF
Mid price range
$136,894 – $281,892
$157,043 – $289,791
Mid price range market time
15 days
91 days
Mid price range units sold
3
1
Mid price range bedrooms
2
3
Mid price range bathrooms
1.4
2.1
Mid price range approx sqft
1,208 SF
0 SF
High price range
$281,893 – $386,000
$289,792 – $362,500
High price range market time
196 days
55 days
High price range units sold
1
2
High price range bedrooms
3
3
High price range bathrooms
2
2.1
High price range approxsqft
1,359 SF
1,384 SF

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

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