Category: Coop Information (page 2 of 31)

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…

Our New Format – April 2015 Market Summary for Lincoln Park, Lakeview and The Near North Side

The spring real estate market continued to heat up in March 2015 for Lincoln Park, Lakeview and The Near North Side. Dramatic increases in Unit Sales and Units Under Contract outpaced smaller increases in Inventory. Median Prices were mostly flat in comparison with last year; however,the luxury market of homes prices over $1,000,000 produced many…

A Glimpse of the Spring Real Estate Market – March 2015 Market Summary for Lakeview, Lincoln Park, Near North and the Loop

There was a dramatic rise in Units Under Contract in February 2015  in  Lincoln Park, Lakeview, Near North and the Loop. This combined with significantly lower Months of Supply of Inventory indicates that we may have another competitive  spring market. (see chart below) UNIT SALES & UNITS UNDER CONTRACT Unit Sales in February 2015 rose…

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