Sales, Inventory and Pricing showed mixed results for Lakeview, Lincoln Park, Near North and the Loop for August 2009.
UNIT SALES – Overall residential sales for the combined area dropped from 540 units in July 2009 to 496 units in August 2009 or 8.1%
Lincoln Park increased 28% from 96 in July to 123 in August
Lakeview fell 16% from 167 in July to 141 in August
Near North fell 15% from 214 in July to 182 in August
Loop fell 44% from 72 in July to 40 in August
INVENTORY – Weeks of supply of inventory dropped to 10.2 in August, down from 11.1 in July
PRICING - Both median and average prices rose for the third straight month and average prices were up 3% over August of 2008.
Please click on the market statistics tab above for more detailed, printable reports.
