Inventory & Sales Imbalance – June 2015 Market Summary for Lincoln Park, Lakeview and The Near North Side

There was no change in May 2015 Unit Inventory levels when compared to 2014. Unit Sales, however, increased 6.2% during the same time period in Lincoln Park, Lakeview and the Near North Side, continuing to drive down the Months of Supply of Inventory. The imbalance of supply (inventory) and demand (sales) increased  Median Prices 5.3%…

ABC 7 Newsviews – Spring Real Estate Market

 

It’s All About Inventory – May 2015 Market Summary for Lincoln Park, Lakeview and The Near North Side

A modest 1.0% gain in inventory levels in April 2015  could not keep pace with 12.4% increase in unit sales for Lincoln Park, Lakeview and The Near North Side . The lack of new inventory produced a 2.6% drop in Months of Supply of Inventory  in April 2015 compared to April 2014 and contributed to…

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