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Hanover Park Real Estate Market Update March 2018

Hanover Park Real Estate Market Update March 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 2.5 months supply of inventory on the market in Hanover Park on March 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 65 days. It took on average 49 days to sell Hanover Park Condo, Townhouse or a Duplex. The number of home sales in Hanover Park from February 1, 2018 through February 28, 2018 was 36 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 $129/Sq.Ft, which is 11% an increase from last month. In Hanover Park there were 7 units sold in February in the price range between $95,162 – $143,340 with an average of 3 bedrooms and 1.4 bathrooms and average Square footage of 1,310SF. In Hanover Park there were 22 units sold in February in the price range between $143,341 – $235,758 with an average of 3 bedrooms and 1.7 bathrooms and average Square footage of 1,464SF. In Hanover Park there were 7 units sold in February in the price range between $235,759 – $280,000 with an average of 3.9 bedrooms and 2.2 bathrooms and average Square footage of 1,973SF. The middle price range had the most activity. Homes up to $235,758 were on the market on average 57 days and sold an average of $194,012. 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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