South Deering Neighborhood Chicago Real Estate Market Update April 2019


Real Estate In South Deering, Chicago is a balanced market favoring buyers. There is significant amount of homes for sale in South Deering, Chicago, and buyers are not in a rush to buy yet. There is a 7.79 months supply of inventory on the market in South Deering, Chicago on April 30, 2019.
Now is the Time to Buy! The average market time for a Single Family Homes to sell in South Deering, Chicago last month was 22 days. It took on average 9 days to sell South Deering, Chicago Condo, Townhouse or a Duplex.
The number of home sales in South Deering, Chicago from March 1, 2019 through March 31, 2019 was 5 units. That is 1% above the number of homes sold last month in South Deering, Chicago.
The average price per square foot in the area is now $50/Sq.Ft, which is 44% a decline from last month.


In South Deering, Chicago there were 2 units sold in March in the price range between $27,000 – $44,210 with an average of 2 bedrooms and 1 bathrooms and average Square footage of 1,660SF.

In South Deering, Chicago there were 2 units sold in March in the price range between $44,211 – $86,159 with an average of 3.5 bedrooms and 2 bathrooms and average Square footage of 1,382SF.

In South Deering, Chicago there were 1 units sold in March in the price range between $86,160 – $110,900 with an average of 3 bedrooms and 2 bathrooms and average Square footage of 950SF.

The low price range had the most activity. Homes up to $44,210 were on the market on average 9 days and sold an average of $29,750.

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 South Deering, Chicago. Search all South Deering, Chicago homes for Sale on propertyup.com If you are considering viewing South Deering, 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
$82,285
$86,188
Median Sales Price
$100,499
$61,420
Month supply of inventory
6.1
7.8
Market Time Detached
64 days
22 days
Market Time Attached
0 days
9 days
Inventory
61 properties
69 properties
Low price range
$28,500 – $64,500
$27,000 – $44,210
Low price range market time
42 days
9 days
Low price range units sold
0
2
Low price range bedrooms
3
2
Low price range bathrooms
1.1
1
Low price range approx sqft
1,343 SF
1,660 SF
Mid price range
$64,501 – $132,749
$44,211 – $86,159
Mid price range market time
58 days
7 days
Mid price range units sold
2
2
Mid price range bedrooms
4
3.5
Mid price range bathrooms
1.6
2
Mid price range approx sqft
1,100 SF
1,382 SF
High price range
$132,750 – $165,000
$86,160 – $110,900
High price range market time
97 days
52 days
High price range units sold
1
1
High price range bedrooms
4
3
High price range bathrooms
2
2
High price range approxsqft
1,176 SF
950 SF

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

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