Positive activity is happening in the Roscoe Village, North Center and Lakeview Real Estate Market.  In the first 20 days of the new year 67  condominiums or Single Family Homes went under contract or closed.  This number is will grow between now and the end of the month which may prove to be more successful than last year.

Single Family Homes

  • Average Market Time for Single Family Homes in January 2012 : 188 Days
  • Average Market Time for Single Family Homes in January 2013: 126 Days
  • Average Sales Price of Single Family Homes in January 2012:    $823,285
  • Average Sales Price of Single Family Homes in January 2013:    $794,666

Condominiums

  • Average Market Time for Condominiums in January 2012:  204 Days
  • Average Market Time for Condominiums in January 2013:  159 Days
  • Average Sales Price for Condominiums in  January2012:    $308,572
  • Average Sales Price for Condominiums in January 2013:    $317,777

Market times are considerably lower in 2013 which may be a sign for the year to come.  And price points are creeping up especially in the Condominium market.  Hopefully this trend will continue through - out the year.  Stay tune to see what February brings.

Menard Johnson & Associates
2200 W. Roscoe
Chicago, IL 60618
Phone: 773-472-6016
Email: Send Email