North Park Neighborhood Chicago Real Estate Market Update March 2019


Real Estate In North Park, Chicago is a sellers’ market with low inventory of homes in North Park, Chicago and a lot of buyer interest. There is a 3.96 months supply of inventory on the market in North Park, Chicago on March 31, 2019.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in North Park, Chicago last month was 60 days. It took on average 15 days to sell North Park, Chicago Condo, Townhouse or a Duplex.
The number of home sales in North Park, Chicago from February 1, 2019 through February 28, 2019 was 6 units. That is 1% above the number of homes sold last month in North Park, Chicago.
The average price per square foot in the area is now $137/Sq.Ft, which is 53% a decline from last month.


In North Park, Chicago there were 1 units sold in February in the price range between $84,000 – $177,542 with an average of 1 bedrooms and 1 bathrooms and average Square footage of 800SF.

In North Park, Chicago there were 2 units sold in February in the price range between $177,543 – $333,041 with an average of 2 bedrooms and 1 bathrooms and average Square footage of 1,186SF.

In North Park, Chicago there were 3 units sold in February in the price range between $333,042 – $395,000 with an average of 3.7 bedrooms and 1.1 bathrooms and average Square footage of 2,025SF.

The high price range had the most activity. Homes up to $395,000 were on the market on average 48 days and sold an average of $370,000.

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 North Park, Chicago. Search all North Park, Chicago homes for Sale on propertyup.com If you are considering viewing North 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
$415,537
$416,713
Median Sales Price
$531,666
$271,083
Month supply of inventory
3.9
4
Market Time Detached
75 days
60 days
Market Time Attached
0 days
15 days
Inventory
40 properties
41 properties
Low price range
$430,000 – $480,833
$84,000 – $177,542
Low price range market time
67 days
15 days
Low price range units sold
0
1
Low price range bedrooms
3
1
Low price range bathrooms
2.1
1
Low price range approx sqft
2,016 SF
800 SF
Mid price range
$480,834 – $590,832
$177,543 – $333,041
Mid price range market time
65 days
79 days
Mid price range units sold
1
2
Mid price range bedrooms
4
2
Mid price range bathrooms
2.2
1
Mid price range approx sqft
3,200 SF
1,186 SF
High price range
$590,833 – $650,000
$333,042 – $395,000
High price range market time
94 days
48 days
High price range units sold
1
3
High price range bedrooms
5
3.7
High price range bathrooms
4.1
1.1
High price range approxsqft
3,468 SF
2,025 SF

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

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