Monday, March 02, 2015

One-Unit housing prices in the Dunning community area of Chicago for February 2015

Chicago appraiser Michael Walsh completed a single family appraisal in the Dunning community area and shares his market analysis in this video

According to MRED MLS statistics for the last twelve months for MLS area 8017 Dunning, the median sales price for One-Unit Housing increased +18.1%, average marketing time declined -20.6% to 81 days on the market, and there is currently a 3.9 month supply of inventory. This level is considered in balance. REO & Short Sales account for approximately 28% of total sales. Note: One-Unit Housing includes both attached and detached homes.

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