Sunday, May 24, 2015

Single family home sales in Jefferson Park: Median price approaching $300,000

A really cool stucco two story cottage near the Montrose CTA Blue Line in Jefferson Park (not for sale, photo Eric Rojas, Kale Realty)
Our first time buyer clients recently entered into a purchase contract on a certified Jefferson Park brick bungalow. Let's take a look at over-all "Jeff Park" single family home sales this year.

73 Jefferson Park single family homes have sold this year as of Friday May 22nd. The median price is about $285,000.  The highest sale was the 2007 built 5658 N Lockwood, Chicago IL 60646 for $612,000 in the Edgebrook Glen development. Several homes sold in this new construction sub-division  7 of the top 10 highest priced sales this year.

76 homes sold over the same period in 2014.  However, the median price was much lower at about $235,000.  Same period in 2013 yielded 69 home sales with a median price of only $205,000.

2012, 51 homes sold for a median of  $180,000
2011, 41 homes sold for a median of   $211,000

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