Steger Real Estate Market Update January 2019

Real Estate In Steger is a sellers’ market with low inventory of homes in Steger and a lot of buyer interest. There is a 4.16 months supply of inventory on the market in Steger on January 31, 2019.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Steger last month was 46 days.
The number of home sales in Steger from December 1, 2018 through December 31, 2018 was 8 units. That is 1% above the number of homes sold last month in Steger.
The average price per square foot in the area is now $83/Sq.Ft, which is 14% an increase from last month.

In Steger there were 3 units sold in December in the price range between $62,000 – $90,450 with an average of 2.7 bedrooms and 1 bathrooms and average Square footage of 1,072SF.

In Steger there were 4 units sold in December in the price range between $90,451 – $173,949 with an average of 3.8 bedrooms and 1.8 bathrooms and average Square footage of 1,747SF.

In Steger there were 1 units sold in December in the price range between $173,950 – $229,000 with an average of 3 bedrooms and 2 bathrooms and average Square footage of 3,000SF.

The low price range had the most activity. Homes up to $90,450 were on the market on average 72 days and sold an average of $72,000.

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

Steger

Nov 1, 2018 – Nov 30, 2018

Dec 1, 2018 – Dec 31, 2018

Month

November

December

Average Listing Price

$107,685

$106,691

Median Sales Price

$105,800

$118,900

Month supply of inventory

4.1

4.2

Market Time Detached

49 days

46 days

Market Time Attached

0 days

0 days

Inventory

52 properties

54 properties

Low price range

$27,000 – $66,400

$62,000 – $90,450

Low price range market time

57 days

72 days

Low price range units sold

0

3

Low price range bedrooms

2.8

2.7

Low price range bathrooms

1.2

1

Low price range approx sqft

1,254 SF

1,072 SF

Mid price range

$66,401 – $171,399

$90,451 – $173,949

Mid price range market time

53 days

16 days

Mid price range units sold

9

4

Mid price range bedrooms

3.2

3.8

Mid price range bathrooms

1.7

1.8

Mid price range approx sqft

1,224 SF

1,747 SF

High price range

$171,400 – $237,000

$173,950 – $229,000

High price range market time

15 days

92 days

High price range units sold

2

1

High price range bedrooms

4.5

3

High price range bathrooms

2.6

2

High price range approxsqft

3,027 SF

3,000 SF

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

source https://realestatevibe.com/steger-real-estate-market-update-January-2019/