Gage Park Neighborhood Chicago Real Estate Market Update April 2019


Real Estate In Gage Park, Chicago is a sellers’ market with low inventory of homes in Gage Park, Chicago and a lot of buyer interest. There is a 3.55 months supply of inventory on the market in Gage Park, Chicago on April 30, 2019.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Gage Park, Chicago last month was 52 days. It took on average 6 days to sell Gage Park, Chicago Condo, Townhouse or a Duplex.
The number of home sales in Gage Park, Chicago from March 1, 2019 through March 31, 2019 was 7 units. That is 1% above the number of homes sold last month in Gage Park, Chicago.
The average price per square foot in the area is now $89/Sq.Ft, which is 28% a decline from last month.


In Gage Park, Chicago there were 2 units sold in March in the price range between $64,000 – $106,607 with an average of 3 bedrooms and 1.1 bathrooms and average Square footage of 1,110SF.

In Gage Park, Chicago there were 4 units sold in March in the price range between $106,608 – $194,356 with an average of 2.8 bedrooms and 1.5 bathrooms and average Square footage of 1,342SF.

In Gage Park, Chicago there were 1 units sold in March in the price range between $194,357 – $239,500 with an average of 4 bedrooms and 2 bathrooms and average Square footage of 1,325SF.

The low price range had the most activity. Homes up to $106,607 were on the market on average 10 days and sold an average of $64,000.

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

Chicago
Feb 1, 2019 – Feb 28, 2019
Mar 1, 2019 – Mar 31, 2019
Month
February
March
Average Listing Price
$200,225
$198,391
Median Sales Price
$197,166
$149,214
Month supply of inventory
3.3
3.6
Market Time Detached
62 days
52 days
Market Time Attached
0 days
6 days
Inventory
49 properties
48 properties
Low price range
$158,000 – $177,583
$64,000 – $106,607
Low price range market time
5 days
10 days
Low price range units sold
0
2
Low price range bedrooms
2
3
Low price range bathrooms
1
1.1
Low price range approx sqft
1,034 SF
1,110 SF
Mid price range
$177,584 – $211,082
$106,608 – $194,356
Mid price range market time
85 days
74 days
Mid price range units sold
4
4
Mid price range bedrooms
4.5
2.8
Mid price range bathrooms
1.8
1.5
Mid price range approx sqft
2,087 SF
1,342 SF
High price range
$211,083 – $225,000
$194,357 – $239,500
High price range market time
29 days
3 days
High price range units sold
1
1
High price range bedrooms
7
4
High price range bathrooms
3.1
2
High price range approxsqft
1,150 SF
1,325 SF

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

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