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The $64,000 Question in Dearborn Park: Neighborhood Update

By
Real Estate Agent with RE/MAX Premier Properties

Start your Dearborn Park & Dearborn Mews home search here.

 

There was very little activity in this neighborhood last month, but since then nearly all of the townhomes have gone under contract! There haven't been any changes with the condos or single-family homes. The average market time for the townhomes that are under contract is 123 days. One townhome listing was canceled after 151 days and the one that is available was just listed this morning. It is comparable to the listing that was canceled, but is listed for $64,000 less. Now that that one is the only townhome on the market the $64,000 question is whether the canceled listing will be reactivated soon.

 

Dearborn Park & Dearborn Mews

Housing Type: Condo

 

Price Range: $400,000-$800,000 

Dearborn Park & Dearborn Mews Chicago Real Estate Market Trends

 

Dearborn Park & Dearborn Mews

Housing Type: Townhome

 

Price Range: $400,000-800,000 

Dearborn Park & Dearborn Mews Chicago Real Estate Market Trends

 

Dearborn Park & Dearborn Mews

Housing Type: Single Family Home

 

Price Range: $800,000+

Dearborn Park & Dearborn Mews Chicago Real Estate Market Trends

 

Start your Dearborn Park & Dearborn Mews home search here. 

 

*In this blog series we focus on one of twenty neighborhoods in Chicago, each day, and provide charts to give you a brief update on the activity that neighborhood has seen over the past month in a variety of price ranges for Single Family Homes, Townhouses, and Condos, as available.

When looking at these charts please keep in mind that not every housing type is available in every neighborhood (the Loop only has condos) and some homes compete within even smaller subsections than these, meaning we can dig even further in this data. Please let me know if you would like a personal assessment of your target market.

 


For information about real estate in Chicago or resources in your area please contact us and sign up for our free market report!

Posted by

Terri Buseman

Your Real Estate Partner

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Visit: TerriBuseman.com

Cell: 312 208 5166

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Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Thanks for sharing your local real estate market reports with us today.

Dec 06, 2016 11:56 AM