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Garfield Ridge Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Garfield Ridge home sales for the month of February rose in volume by 33.3% when compared to last year, while the median sale price rose by 16.4% from $235,000 to $273,500. The number of Single Family homes sales rose by 35.7%, while the median sale price rose by 17.1% from $236,500 to $277,000. Condo/townhome sales stayed the same, while the median sale price decreased by 7.8% from $139,900 to $129,000.

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Median Sale Prices for Garfield Ridge

230k
237k
258k
235k
240k
249k
250k
252k
250k
243k
267k
261k
240k
236k
246k
273k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Garfield Ridge

27
26
22
15
21
28
37
36
33
39
44
32
33
26
23
20
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Garfield Ridge

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 15 20 +33.3% 37 45 +21.6%
(Single Family) 14 19 +35.7% 36 44 +22.2%
(Condos/Townhomes) 1 1 0% 1 1 0%
Median Sale Price $235,000 $273,500 +16.4% $242,900 $260,000 +7%
(Single Family) $236,500 $277,000 +17.1% $242,950 $262,500 +8%
(Condos/Townhomes) $139,900 $129,000 -7.8% $139,900 $129,000 -7.8%
Days on Market 38 56 +46.1% 38 42 +10.5%
(Single Family) 39 50 +28.2% 39 36 -7.8%
(Condos/Townhomes) 7 132 +1785.7% 7 132 +1785.7%

HomesByMarco sold over 300 homes last year

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Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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