Hanover Park Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Hanover Park home sales for the month of February decreased in volume by 14.3% when compared to last year, while the median sale price rose by 1.9% from $213,000 to $217,150. The number of Single Family homes sales decreased by 26.7%, while the median sale price decreased by 6.9% from $240,000 to $223,500. Condo/townhome sales stayed the same, while the median sale price rose by 22.4% from $167,500 to $205,000.

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

Median Sale Prices for Hanover Park

207k
207k
215k
213k
190k
182k
205k
219k
228k
224k
208k
215k
200k
189k
196k
217k
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 Hanover Park

30
37
27
28
43
33
45
43
50
42
29
43
28
42
26
24
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 Hanover Park

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 28 24 -14.3% 58 50 -13.8%
(Single Family) 15 11 -26.7% 29 25 -13.8%
(Condos/Townhomes) 13 13 0% 29 25 -13.8%
Median Sale Price $213,000 $217,150 +1.9% $213,000 $210,500 -1.2%
(Single Family) $240,000 $223,500 -6.9% $240,000 $242,000 +0.8%
(Condos/Townhomes) $167,500 $205,000 +22.4% $167,500 $170,000 +1.5%
Days on Market 21 29 +38.1% 31 35 +11.3%
(Single Family) 17 32 +88.2% 37 43 +16.2%
(Condos/Townhomes) 30 26 -13.3% 23 34 +47.8%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Hanover 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 Hanover 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.

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