Market Conditions
Chicago Homes – Market Update
By Scott Berg at 19 January, 2012, 9:28 pm
The average list price of Chicago homes for sale is currently strongest at the high end (homes priced above $394,000) and weakest at the low end. The low end homes are most affected by foreclosures and average list prices have dropped 4.1% over the last year. Over the same period however the median closed sales [...]
Read More >>Oak Park Real Estate
By Scott Berg at 14 December, 2011, 8:25 pm
I just posted a Oak Park Real Estate Trends report to our Chicago Real Estate Scene blog. It has cool graphs of median sales prices, average price per square foot, inventory and sales absorption. It is for single family homes only but I am sure I will get to condos later in the month.
Read More >>Bucktown Single Family Homes
By Scott Berg at 8 December, 2011, 7:22 pm
The Bucktown Real Estate Market This data was compiled from Chicago MLS listings from the past 12 months. As you can see from this data there is around a years worth of inventory in Bucktown with 97 homes sold in the last 12 months and 48 currently active on the market. The average market time [...]
Read More >>Bucktown Homes For Sale Market Report
By Scott Berg at 6 December, 2011, 4:37 am
Market Statistics for Bucktown, Chicago for December 5, 2011 Total Listings Average List Price Average Market Time Sold 97 $884,354 175 days Active 46 $1,192,547 287 days Under Contract 12 $899,733 249 days Max [...]
Read More >>Gold Coast Real Estate
By Scott Berg at 3 December, 2011, 11:18 pm
Gold Coast Real Estate Market Update for 2 bedroom Condos LP – List Price MT – Market Time SP – Sold Price Total Average LP Average MT Sold-131 [...]
Read More >>Chicago Real Estate Market Update
By Scott Berg at 20 November, 2011, 11:43 pm
If you look at the city overall things are not bright. That being said real estate is hyper local and what is happening in one area, in one price range is quite different from another. Here is a snapshot of how the Chicago Real Estate Market is preforming as a whole: chicago-real-estate-market
Read More >>Listing on MLS for Flat Fee to Compete with Foreclosures
By Scott Berg at 2 August, 2011, 9:37 pm
Many home sellers are trying to figure out how they can compete with all the distressed properties on the market. According to the latest report by RealtyTrac the problem will only be worse in 2012 as they estimate that over 1 million foreclosures notices that should be filed this year will be pushed off until [...]
Read More >>Chicago Condo Market Update
By Scott Berg at 25 October, 2010, 3:14 pm
Here is the latest data on the Chicago Condo Market per Rich Cox of ChicagoCondos online. His site details the latest information on Chicago Condo Buidings. In the first nine months of this year, city condo dollar volume has increased 14% compared to 2009. But volume in September was down 19% compared to August. According [...]
Read More >>Former Chicago personality Jonathon Brandmeier lists his mansion in Malibu, CA for $7.995M
By Bob Goldsborough at 15 September, 2010, 12:00 pm
Demo text Check out Bob’s column from this coming Sunday’s Chicago Tribune (but available online now!), in which Bob breaks the news of former Chicago radio personality Jonathon Brandmeier listing his mansion in Malibu, Calif. — which overlooks the Pacific Ocean — for $7,995,000. Brandmeier now owns — and Bob is the first one ever [...]
Read More >>Chicago Condo Market Conditions – April 2007
By Bob Goldsborough at 1 June, 2007, 7:37 am
For April 2007 Average Days on the Market: 72 Days Monthly Supply of Inventory: 5.6 months Average Sale Price: $330,869 The Chicago Condo Market still looks relatively healthy. Less than six months of inventory is considered to be a sellers market and currently there is 5.6 months of inventory. So although we are close to [...]
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