OCTOBER 1, 2022ย BYย SOPHIA OJUKWU –ย LEAVE A COMMENT
Hey Chicagoland! We're entering the fall months, and time when things start to slow down just a little! Real Estate last month was steady!
Chicagoland's Real Estate Market Update 2022
This month indicates that Naperville is a fairly balanced market, with advantages to offer to both buyers and sellers. While prices have held steady for close to a year, we'd expect them to start creeping up if the declining inventory trend continues. All of these changes affect home values, including yours.
๐๐๐๐๐๐๐ ๐๐๐๐
In August 2022, Lincoln Park home prices were up 10.5% compared to last year, selling for a median price of $629K. On average, homes in Lincoln Park sell after 53 days on the market compared to 18 days last year. There were 528 homes sold in August this year, down from 660 last year.
๐๐๐๐ ๐๐๐๐
In August 2022, Hyde Park home prices were up 14.1% compared to last year, selling for a median price of $230K. On average, homes in Hyde Park sell after 60 days on the market compared to 18 days last year. There were 99 homes sold in August this year, down from 116 last year.
All of these changes affect home values, including yours. If you want to know the new value of your home, just shoot me a quick message with your address!
๐ก Click the link on my bio for details or send me a DM:
๐ฑ: ๐ฅ๐ฃ๐ค-๐ฆ๐ค๐ช-๐ข๐จ๐ฃ๐ฅ
๐ง:๐๐ผ๐ฝ๐ต๐ถ๐ฎ๐๐ฒ๐น๐น๐๐ฐ๐ต๐ถ๐ฐ๐ฎ๐ด๐ผ@๐ด๐บ๐ฎ๐ถ๐น.๐ฐ๐ผ๐บโฃ
๐ฅ๏ธ: ๐๐๐.๐๐ผ๐๐ฟ๐ฐ๐ต๐ถ๐ฐ๐ฎ๐ด๐ผ๐น๐ฎ๐ป๐ฑ๐น๐ถ๐๐ถ๐ป๐ด.๐ฐ๐ผ๐บ
Share this article.
Leave a Reply