South Lawndale Neighborhood Chicago Real Estate Market Update January 2019


Real Estate In South Lawndale, Chicago is a sellers’ market with low inventory of homes in South Lawndale, Chicago and a lot of buyer interest. There is a 4.38 months supply of inventory on the market in South Lawndale, Chicago on January 31, 2019.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in South Lawndale, Chicago last month was 11 days.
The number of home sales in South Lawndale, Chicago from December 1, 2018 through December 31, 2018 was 5 units. That is 1% above the number of homes sold last month in South Lawndale, Chicago.
The average price per square foot in the area is now $139/Sq.Ft, which is 3% an increase from last month.


In South Lawndale, Chicago there were 2 units sold in December in the price range between $75,000 – $116,205 with an average of 3.5 bedrooms and 2.5 bathrooms and average Square footage of 0SF.

In South Lawndale, Chicago there were 2 units sold in December in the price range between $116,206 – $200,204 with an average of 3 bedrooms and 2.1 bathrooms and average Square footage of 801SF.

In South Lawndale, Chicago there were 1 units sold in December in the price range between $200,205 – $243,000 with an average of 5 bedrooms and 3 bathrooms and average Square footage of 3,125SF.

The low price range had the most activity. Homes up to $116,205 were on the market on average 17 days and sold an average of $82,525.

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 South Lawndale, Chicago. Search all South Lawndale, Chicago homes for Sale on propertyup.com If you are considering viewing South Lawndale, 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
$144,429
$146,986
Median Sales Price
$149,666
$157,410
Month supply of inventory
5
4.4
Market Time Detached
84 days
11 days
Market Time Attached
0 days
0 days
Inventory
107 properties
98 properties
Low price range
$135,000 – $142,333
$75,000 – $116,205
Low price range market time
117 days
17 days
Low price range units sold
0
2
Low price range bedrooms
5.5
3.5
Low price range bathrooms
2.5
2.5
Low price range approx sqft
1,375 SF
0 SF
Mid price range
$142,334 – $162,832
$116,206 – $200,204
Mid price range market time
0 days
7 days
Mid price range units sold
0
2
Mid price range bedrooms
0
3
Mid price range bathrooms
0
2.1
Mid price range approx sqft
0 SF
801 SF
High price range
$162,833 – $176,000
$200,205 – $243,000
High price range market time
19 days
11 days
High price range units sold
1
1
High price range bedrooms
4
5
High price range bathrooms
2
3
High price range approxsqft
913 SF
3,125 SF

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

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