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Homewood Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Homewood home sales for the month of February stayed the same in volume when compared to last year, while the median sale price rose by 5.7% from $162,500 to $171,750. The number of Single Family homes sales stayed the same, while the median sale price rose by 6.2% from $170,000 to $180,500. Condo/townhome sales stayed the same, while the median sale price decreased by 40.3% from $101,750 to $60,750.

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Median Sale Prices for Homewood

157k
147k
162k
162k
155k
173k
185k
169k
178k
184k
156k
169k
154k
150k
145k
171k
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 Homewood

24
22
16
16
23
27
19
35
37
32
32
37
20
28
18
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 Homewood

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 16 16 0% 32 34 +6.3%
(Single Family) 14 14 0% 26 27 +3.8%
(Condos/Townhomes) 2 2 0% 6 7 +16.7%
Median Sale Price $162,500 $171,750 +5.7% $162,500 $163,450 +0.6%
(Single Family) $170,000 $180,500 +6.2% $173,750 $175,000 +0.7%
(Condos/Townhomes) $101,750 $60,750 -40.3% $63,000 $55,910 -11.3%
Days on Market 16 38 +137.5% 22 56 +158.1%
(Single Family) 18 38 +111.1% 21 50 +138.1%
(Condos/Townhomes) 8 82 +986.7% 48 61 +28.4%

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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