Dearborn Park Houses One Turn-Key One Fixer-Upper: Neighborhood Update

Start your Dearborn Park & Dearborn Mews home search here.

 

Dearborn Park & Dearborn Mews

Housing Type: Townhome

Townhomes have seen the slightest increase in inventory. It's only been enough to make about one home available in each price range. Such a severe lack of competition for sellers is not helping market times. Buyers have seen all the inventory, so sellers may have to wait for new buyers to come look at the market. Market times haven't been drawing on too long, however. The average market time for sold homes is 143 days and for those under contract it is currently 131 days. The median sales price among townhomes was $465,000.

 

Price Range: $400,000-$800,000 

Price Range: $800,000+

Dearborn Park & Dearborn Mews 

Housing Type: Single Family

Two listings were canceled. One after 42 days and the other after 97 days. The other two homes that are available are in the same community. One is turn-key and the other needs updating. Both have 3 bedrooms and 3 baths. Once the one that needs work is updated these two homes would be great comparables.

Price Range: $400,000-800,000

Price Range: $800,000+

 

Start your Dearborn Park & Dearborn Mews 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 2 commentsTerri Buseman • September 27 2017 10:34PM

Comments

Hi Terri! It's interesting to see whatthe market is like in your area. Thanks for sharing!

Posted by Michelle Carr-Crowe-Top 1% Diamond Certified Real Estate Team Sells Cupertino San Jose Homes-Just Call 408-252-8900, Family Helping Families Buy & Sell Homes 40+ Years (Get Results Team...Just Call (408) 252-8900!) 11 months ago

Thanks Michelle!

Posted by Terri Buseman, Downtown Chicago (RE/MAX Premier Properties) 11 months ago

Participate