Thursday, August 21, 2014

Dolton, 60419 - Current real estate market

Here is what is going on with the real estate market in the Village of Dolton, IL. Real estate appraiser Michael Walsh recently performed a single family appraisal and has compiled these statistics from the MRED MLS. The median sales price for Detached Housing decreased -2.6%, average marketing time increased +19.0% to 125 days on the market, and there is currently a 6.8 month supply of inventory. This level is considered a oversupply. REO & Short Sales account for approximately 67% of total sales.

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