Where’s The Inventory ? – July 2015 Market Summary for Lincoln Park, Lakeview and The Near North Side

Inventory levels dropped 1.0% in June 2015 when compared to 2014 in Lincoln Park, Lakeview and the Near North Side. The inability of inventories to keep pace with double-digit sales increases is having a dramatic affect on other industry components Median Prices which usually rise with low inventory levels, dropped 3.2% in June. This was…

ABC 7 Newsviews – Spring / Summer 2015 Real Estate Market

 

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 ┬áMedian Prices 5.3%…

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