East Garfield Park Neighborhood Chicago Real Estate Market Update March 2019


Real Estate In East Garfield Park, Chicago is a balanced market favoring buyers. There is significant amount of homes for sale in East Garfield Park, Chicago, and buyers are not in a rush to buy yet. There is a 6.11 months supply of inventory on the market in East Garfield Park, Chicago on March 31, 2019.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in East Garfield Park, Chicago last month was 118 days. It took on average 43 days to sell East Garfield Park, Chicago Condo, Townhouse or a Duplex.
The number of home sales in East Garfield Park, Chicago from February 1, 2019 through February 28, 2019 was 5 units. That is 1% above the number of homes sold last month in East Garfield Park, Chicago.
The average price per square foot in the area is now $128/Sq.Ft, which is 4% an increase from last month.


In East Garfield Park, Chicago there were 2 units sold in February in the price range between $74,000 – $131,806 with an average of 3 bedrooms and 2 bathrooms and average Square footage of 1,335SF.

In East Garfield Park, Chicago there were 2 units sold in February in the price range between $131,807 – $265,805 with an average of 4 bedrooms and 2.1 bathrooms and average Square footage of 1,850SF.

In East Garfield Park, Chicago there were 1 units sold in February in the price range between $265,806 – $342,000 with an average of 3 bedrooms and 3.1 bathrooms and average Square footage of 2,400SF.

The low price range had the most activity. Homes up to $131,806 were on the market on average 52 days and sold an average of $96,444.

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

Chicago
Jan 1, 2019 – Jan 31, 2019
Feb 1, 2019 – Feb 28, 2019
Month
January
February
Average Listing Price
$187,084
$179,491
Median Sales Price
$211,900
$189,611
Month supply of inventory
8.5
6.1
Market Time Detached
52 days
118 days
Market Time Attached
37 days
43 days
Inventory
116 properties
106 properties
Low price range
$43,000 – $127,450
$74,000 – $131,806
Low price range market time
15 days
52 days
Low price range units sold
0
2
Low price range bedrooms
2.5
3
Low price range bathrooms
1.5
2
Low price range approx sqft
800 SF
1,335 SF
Mid price range
$127,451 – $325,949
$131,807 – $265,805
Mid price range market time
66 days
123 days
Mid price range units sold
3
2
Mid price range bedrooms
4.3
4
Mid price range bathrooms
3
2.1
Mid price range approx sqft
2,562 SF
1,850 SF
High price range
$325,950 – $440,000
$265,806 – $342,000
High price range market time
39 days
16 days
High price range units sold
1
1
High price range bedrooms
6
3
High price range bathrooms
4
3.1
High price range approxsqft
3,800 SF
2,400 SF

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source https://realestatevibe.com/east-garfield-park-neighborhood-chicago-real-estate-market-update-March-2019/

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