Home Sales Decline in O'hare Real Estate Market

The O'hare market pulled back with a 15.8% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (14.4) with 16 homes sold. In comparison, the Irving Park neighborhood had 54 sales in the same time frame, the most of all neighborhoods in the area. Prices are rising in O'hare, and the median sales price this period increased from $123,500 to $131,750. There are only two months of inventory available in O'hare, so it's a definite seller's market, even with the decrease in sales.

Want to get a head start on other buyers? Check out these new listings in O'hare:

$339K   $109K   $525K  

Get started right now by checking out O'hare homes for sale or reviewing O'hare real estate trends.

Demographic facts about O'hare:

  • The average age of the population is 44 years old.
  • The health cost index score in this area is 104.0. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (23.9%), 15-29 min (31.8%), 30-44 min (25.1%), 45-59 min (10.4%), >60 min (8.7%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Berkshire Hathaway Koenig Rubloff Realty Group
1 review
Annamarie
Snapped 1 home in this area
Elite Real Estate & Management Co.
Snapped 2 homes in this area

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