Edison Park Neighborhood Chicago Real Estate Market Update March 2019


Real Estate In Edison Park, Chicago is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.17 months supply of inventory on the market in Edison Park, Chicago on March 31, 2019.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Edison Park, Chicago last month was 36 days. It took on average 37 days to sell Edison Park, Chicago Condo, Townhouse or a Duplex.
The number of home sales in Edison Park, Chicago from February 1, 2019 through February 28, 2019 was 8 units. That is 1% above the number of homes sold last month in Edison Park, Chicago.
The average price per square foot in the area is now $127/Sq.Ft, which is 45% a decline from last month.


In Edison Park, Chicago there were 2 units sold in February in the price range between $120,000 – $184,472 with an average of 1.5 bedrooms and 1 bathrooms and average Square footage of 825SF.

In Edison Park, Chicago there were 4 units sold in February in the price range between $184,473 – $329,471 with an average of 2.5 bedrooms and 1.5 bathrooms and average Square footage of 1,300SF.

In Edison Park, Chicago there were 2 units sold in February in the price range between $329,472 – $410,000 with an average of 4 bedrooms and 2 bathrooms and average Square footage of 2,018SF.

The middle price range had the most activity. Homes up to $329,471 were on the market on average 32 days and sold an average of $242,912.

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 Edison Park, Chicago. Search all Edison Park, Chicago homes for Sale on propertyup.com If you are considering viewing Edison 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
$412,229
$412,121
Median Sales Price
$415,375
$248,943
Month supply of inventory
4.3
5.2
Market Time Detached
34 days
36 days
Market Time Attached
95 days
37 days
Inventory
64 properties
77 properties
Low price range
$165,000 – $290,188
$120,000 – $184,472
Low price range market time
95 days
32 days
Low price range units sold
0
2
Low price range bedrooms
2
1.5
Low price range bathrooms
1
1
Low price range approx sqft
1,000 SF
825 SF
Mid price range
$290,189 – $619,187
$184,473 – $329,471
Mid price range market time
38 days
32 days
Mid price range units sold
6
4
Mid price range bedrooms
4
2.5
Mid price range bathrooms
1.9
1.5
Mid price range approx sqft
1,861 SF
1,300 SF
High price range
$619,188 – $823,000
$329,472 – $410,000
High price range market time
16 days
51 days
High price range units sold
1
2
High price range bedrooms
4
4
High price range bathrooms
3.1
2
High price range approxsqft
4,200 SF
2,018 SF

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

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