The South Chicago market was active in this week's report, as the number of home sales climbed 21.4%, pushing the total to 17 homes sold over the last 30 days. At the same time, the Hyde Park neighborhood reported 30 home sales, the highest number from all of the surrounding neighborhoods. The median sales price dropped to $57,000, down from last week's $59,950. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning South Chicago is still a definite buyer's market.
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