Fast Sales Continue in Wrightwood Sheffield: Neighborhood Update

Start your Wrightwood Sheffield/DePaul home search here.

Wrightwood Sheffield/DePaul

Housing Type: Condo

Market times continue to be low, as does the month's supply of inventory. As we were noting last month this neighborhood is still very much in a seller's market. There was a small spike in listings in the $500-600k range, but the two homes that sold in that price range had an average sales time of only 7 days. We expect this market will continue at this pace through the end of the year. The median sales price for condos was $480,000.

Price Range: $400,000-$800,000

Price Range: $800,000+

Wrightwood Sheffield/DePaul

Housing Type: Townhome

A few more listings have come to the market, giving buyers a small choice. However, it's not nearly enough to change the market. Townhomes are still selling at a very quick pace, so buyers need to be ready to make an offer as soon as they see the home of their dreams. The median sales price for townhomes was $930,000.  

Price Range: $400,000-$800,000

Price Range: $800,000+

 

Wrightwood Sheffield/DePaul

Housing Type: Single Family

There haven't been many changes among the single family homes. While these homes tend to take a little longer to sell than the condos and townhomes most of the homes that closed sold in under 100 days. In fact, half of them sold in less than a month. So, these homes can sell fast. Seller's need to be aggressive in their pricing and marketing strategy to reach the most potential buyers. The median sales price for single family homes was $1,659,166.

 

Price Range: $800,000+


Start your Wrightwood Sheffield/DePaul home search here

 

*In this blog series we focus on one of twenty neighborhoods in chicago, each da, and provide charts to give you a brief update on the activity that neighborhood has seen over the past month in a variety of price ranges for Single Family Homes, Townhouses, and Condos, as available.

When looking at these charts please keep in mind that not every housing type is available in every neighborhood (the Loop only has condos) and some homes compete within even smaller subsections than these, meaning we can dig even further in this data. Please let me know if you would like a personal assessment of your target market.


For information about real estate in Chicago or resources in your area please contact us and sign up for our free market report!

 

Terri Buseman

312-208-5166                               

Terri@TerriBuseman.com

www.ChicagoCityHomesForSale.com  

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Comment balloon 0 commentsTerri Buseman • September 21 2017 07:42PM
Fast Sales Continue in Wrightwood Sheffield: Neighborhood Update
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