Inventory Remains Very Low in Museum Park: Neighborhood Updatde

Start your Museum Park at Central Station home search here.

Museum Park at Central Station

Housing Type: Condo

There weren't any significant changes since last month. The inventory levels are staying steady and they are staying low. There are a lot of buyers looking for these homes, so sellers who market their home carefully and price it attractively are enjoying short listing times. The median sales price for condos in Museum Park was $495,000.

 

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

Price Range: $800,000+

 

Museum Park at Central Station

Housing Type: Townhome

Townhomes continue to sell very fast. Overall the average market time of the ones that are under contract is only 47 days. One of the closed homes took 213 days to sell, but all the others only took two months or less. It looks like this seller's market is going to continue for quite some time. The median sales price for townhomes in Museum Park was $685,000.

 

Price Range: $400,000-800,000

Price Range: $800,000+

 

Start your Museum Park at Central Station home search here

 

*In this blog series we focus on one of twenty neighborhoods in Chicago, each day, 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.TerriBuseman.com

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Comment balloon 0 commentsTerri Buseman • May 19 2017 09:05PM

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