Thursday 17 May 2018

Hanover Park Real Estate Market Update May 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 3.16 months supply of inventory on the market in Hanover Park on May 31, 2018.


Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Hanover Park last month was 25 days.
It took on average 25 days to sell Hanover Park Condo, Townhouse or a Duplex.
The number of home sales in Hanover Park from April 1, 2018 through April 30, 2018 was 42 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 $139/Sq.Ft, which is 12% an increase from last month.


In Hanover Park there were 10 units sold in April in the price range between $112,000 – $159,545 with an average of 2.5 bedrooms and 1.5 bathrooms and average Square footage of 1,030SF.
In Hanover Park there were 26 units sold in April in the price range between $159,546 – $251,044 with an average of 3.5 bedrooms and 1.9 bathrooms and average Square footage of 1,679SF.
In Hanover Park there were 6 units sold in April in the price range between $251,045 – $295,000 with an average of 3.7 bedrooms and 2.4 bathrooms and average Square footage of 1,814SF.
The low price range had the most activity. Homes up to $159,545 were on the market on average 35 days and sold an average of $133,845.

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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