Saturday 28 April 2018

Hanover Park Real Estate Market Update April 2018



Real Estate In Hanover Park is a sellers’ market with low inventory of homes in Hanover Park and a lot of buyer interest. There is a 2.89 months supply of inventory on the market in Hanover Park on April 30, 2018.


Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Hanover Park last month was 33 days.
It took on average 40 days to sell Hanover Park Condo, Townhouse or a Duplex.
The number of home sales in Hanover Park from March 1, 2018 through March 31, 2018 was 25 units. That is 1% above the number of homes sold last month in Hanover Park.
The average price per square foot in the area is now $125/Sq.Ft, which is 3% a decline from last month.


In Hanover Park there were 7 units sold in March in the price range between $110,000 – $147,680 with an average of 2.1 bedrooms and 1.2 bathrooms and average Square footage of 981SF.
In Hanover Park there were 15 units sold in March in the price range between $147,681 – $244,179 with an average of 3.5 bedrooms and 2.1 bathrooms and average Square footage of 1,597SF.
In Hanover Park there were 3 units sold in March in the price range between $244,180 – $303,000 with an average of 4 bedrooms and 2.3 bathrooms and average Square footage of 1,963SF.
The low price range had the most activity. Homes up to $147,680 were on the market on average 54 days and sold an average of $124,857.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Hanover Park. Search all Hanover Park homes for Sale on propertyup.com If you are considering viewing Hanover Park, you may want to do so now!

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