Morgan Park Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Morgan Park home sales for the month of February rose in volume by 60% when compared to last year, while the median sale price rose by 4.4% from $192,450 to $201,000. The number of Single Family homes sales rose by 50%, while the median sale price rose by 6.5% from $192,450 to $205,000. Condo/townhome sales stayed the same, while the median sale price stayed the same.

» View homes for sale in Morgan Park   » View all recent sales in Morgan Park

Median Sale Prices for Morgan Park

218k
130k
162k
192k
215k
190k
150k
215k
227k
215k
210k
223k
150k
134k
219k
201k
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 Morgan Park

22
15
10
10
8
21
25
16
16
27
21
14
23
21
16
16
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 Morgan Park

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 10 16 +60% 20 32 +60%
(Single Family) 10 15 +50% 19 30 +57.9%
(Condos/Townhomes) 0 1 - 1 2 +100%
Median Sale Price $192,450 $201,000 +4.4% $165,500 $207,500 +25.4%
(Single Family) $192,450 $205,000 +6.5% $168,000 $216,000 +28.6%
(Condos/Townhomes) $0 $29,300 - $95,000 $49,650 -47.7%
Days on Market 49 32 -34% 31 26 -16.1%
(Single Family) 49 28 -42.3% 30 26 -13.3%
(Condos/Townhomes) 0 36 - 54 25 -53.7%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Morgan Park? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

Do you have any questions about Morgan Park?


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.

© 2020 Midwest Real Estate Data LLC. All rights reserved.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
979,776

Marco Amidei

Ask me a question
*
*
*
*
Spam prevention

Additional Information