South Chicago Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

South Chicago home sales for the month of February stayed the same in volume when compared to last year, while the median sale price rose by 25% from $68,000 to $85,000. The number of Single Family homes sales decreased by 33.3%, while the median sale price rose by 186.7% from $68,000 to $194,950. Condo/townhome sales stayed the same, while the median sale price stayed the same.

» View homes for sale in South Chicago   » View all recent sales in South Chicago

Median Sale Prices for South Chicago

149k
50k
68k
68k
66k
64k
51k
106k
58k
76k
78k
89k
125k
214k
79k
85k
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 South Chicago

5
12
4
9
9
9
10
17
10
10
13
14
11
7
12
9
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 South Chicago

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 9 9 0% 13 21 +61.5%
(Single Family) 9 6 -33.3% 12 18 +50%
(Condos/Townhomes) 0 3 - 1 3 +200%
Median Sale Price $68,000 $85,000 +25% $68,000 $85,000 +25%
(Single Family) $68,000 $194,950 +186.7% $70,500 $115,250 +63.5%
(Condos/Townhomes) $0 $45,000 - $44,500 $45,000 +1.1%
Days on Market 49 18 -63.3% 93 18 -80.6%
(Single Family) 49 13 -74.5% 71 15 -78.9%
(Condos/Townhomes) 0 31 - 370 31 -91.6%

HomesByMarco sold over 300 homes last year

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

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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.

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

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