lincoln park: DNAinfo Report Confirmed: Lincoln Park Neighborhood Update
- 12/13/17 11:47 AM
Start your Lincoln Park home search here. Lincoln Park Housing Type: Condo The DNAinfo article we mentioned in our last report was correct! Inventory is shrinking and it's most clear in the over $1m range where many homes sold in less than a month. It's hard to say, but perhaps the publicity in DNAinfo helped give the market an extra little push. Either way these condos remain in a seller's market and sellers are enjoying short market times. The median sales price for condos in Lincoln Park was $560,000. Price Range: $400,000-$800,000
Price Range: $800,000+
Lincoln Park Housing Type: Townhome The townhome market continues to move fast with only two closings taking … (0 comments)
lincoln park: DNAinfo Says Lincoln Park Luxury Condos Are Hot: Neighborhood Update
- 10/26/17 02:42 PM
he Start your Lincoln Park home search here. Lincoln Park Housing Type: Condo Inventory levels are holding steady since our last report. You may have seen an article in DNAinfo yesterday about the booming luxury condo market in Lincoln Park. Condos for over $1m are indeed in a good market. Among the seven condos that sold in the past month the average market time was only 63 days. Month's supply of inventory is 4.7 which is a seller's market, but it is close to a balanced market, which is 6-7 months. This means there aren't too many homes on the market, but buyers do have a … (0 comments)
lincoln park: Fast Sales Continue in Wrightwood Sheffield: Neighborhood Update
- 09/21/17 12:42 PM
Start your Wrightwood Sheffield/DePaul home search here. Wrightwood Sheffield/DePaul Housing Type: Condo Market times continue to be low, as does the month's supply of inventory. As we were noting last month this neighborhood is still very much in a seller's market. There was a small spike in listings in the $500-600k range, but the two homes that sold in that price range had an average sales time of only 7 days. We expect this market will continue at this pace through the end of the year. The median sales price for condos was $480,000. Price Range: $400,000-$800,000
Price Range: $800,000+
Wrightwood Sheffield/DePaul Housing Type: Townhome A few more listings have come to … (0 comments)
lincoln park: Fast Sale Likely, Not Guaranteed in Lincoln Park: Neighborhood Update
- 09/15/17 03:20 PM
Start your Lincoln Park home search here. Lincoln Park Housing Type: Condo Like last month the month's supply of inventory is creeping up slightly, but homes in the lower price ranges are selling in 1-2 months. The higher priced homes are taking closer to three months to sell, on average. There was a spike in inventory among the $800-900k homes. Most of the new listings are new construction, of a variety of developments. The median sales price for condos in Lincoln Park was $395,000. Price Range: $400,000-$800,000
Price Range: $800,000+
Lincoln Park Housing Type: Townhome Despite a couple of long sales here and there townhomes continue to move very fast. The … (3 comments)
lincoln park: Lincoln Park Townhomes Still Selling FAST: Neighborhood Update
- 08/02/17 05:36 PM
Start your Lincoln Park home search here. *Note: You may have noticed our daily updates have not been daily lately. Unfortunately, we are having issues with our website that have held us back from the updates. We seem to be close to a solution, so hopefully, we can move forward and our website will be fully functioning soon! These charts will continue to represent the last month of activity, but we will continue to refer to our most recent reports. Lincoln Park Housing Type: Condo Among the lower price condos inventory levels are creeping up since our last report. they are still very much in a sellers … (0 comments)
lincoln park: Many Homes Selling in Under a Month in Sheffield: Neighborhood Update
- 05/21/17 02:54 PM
Start your Wrightwood Sheffield/DePaul home search here. Wrightwood Sheffield/DePaul Housing Type: Condo As was the case last month these homes are selling fast! Nearly half of the 17 homes that closed were on the market for less than a month. Of the homes that are under contract a little more than half went under contract in less than a month! The seller's market is continuing strong. If you are thinking about selling now is a great time to list. The median sales price for condos was $575,000. Price Range: $400,000-$800,000
Price Range: $800,000+
Wrightwood Sheffield/DePaul Housing Type: Townhome Just like the condos the townhomes are selling faster than one can keep up … (0 comments)
Lincoln Park Housing Type: Condo There has been a slight uptick in inventory since last month, in the lower priced market. It's a welcome sight as inventory levels are still very low and homes continue to sell very quickly. The upper price ranges are in a balanced market. Sellers will need to take care when listing those homes as they have a little more competition to work with. The median sales price for condos in Lincoln Park was $426,250. Price Range: $400,000-$800,000
Price Range: $800,000+
Lincoln Park Housing Type: Townhome Townhomes continue to sell about as quickly as they are listed. Buyers will need … (2 comments)
lincoln park: All Homes Selling Fast in Sheffield: Neighborhood Update
- 04/18/17 05:30 PM
Start your Wrightwood Sheffield/DePaul home search here. Wrightwood Sheffield/DePaul Housing Type: Condo As the spring market begins we are not yet seeing an increase in inventory, as we hoped we would last month. In fact, in some price ranges the months supply of inventory has gone down. Condos are still in high demand and because of that, they are selling fast. There is plenty of room in this market for more sellers, buyers are demanding it! The median sales price for condos was $510,000. Price Range: $400,000-$800,000
Price Range: $800,000+
Wrightwood Sheffield/DePaul Housing Type: Townhome With sales times of 2 and 7 days these homes are going fast! The homes that are under … (2 comments)
Lincoln Park Housing Type: Condo Just like last month the number of homes that came to the market is very close to the number of homes that went under contract in each price range over the past month. This is keeping inventory levels low and the seller's market hot. Not until you get into the over $1m range do we see a balanced market. This is a trend we are seeing all over downtown, where the neighborhood is largely in a seller's market, but the luxury homes are either in a balanced market or buyer's market. The median sales … (0 comments)
Lincoln Park Housing Type: Condo Over the past month in nearly every price range either the same amount or more condos came to the market than went under contract. These homes have been selling very fast, in 3 months or less for most of them. They are still in a buyers market, so a little added inventory is quite welcome. The largest increase in inventory is in the $400-500 range where 18 listings became active. Even at that the months supply is still low at 2 months. The median sales price for condos in Lincoln Park was $499,950. Price Range: … (0 comments)
Lincoln Park Housing Type: Condo A lot of condos have been listed over the past month. A few quick sales have been keeping the month's supply of inventory stable. It's still deep in a seller's market for the lower priced homes, but as the value of the homes increases so does the supply. The higher priced condos are actually in a buyer's market and have been all year. This past month saw such a large increase in listings that when the spring market comes along, if we see the same spike we normally do those inventory increases could push … (0 comments)
lincoln park: Wrightwood Sheffield Neighborhood Update: Year in Review 2016-2017
- 01/05/17 08:29 AM
Start your Wrightwood Sheffield/DePaul home search here. Wrightwood Sheffield/DePaul Housing Type: Condo More homes went under contract than were listed since last month, pushing the current month's supply of inventory down. Being a new year we also created charts to show how these homes have trended over the past 12 months. We can see that the month's supply of inventory has remained steady, it is about the same for this past month as it has been all year. This means these homes remain deep in a seller's market. While our average market time has been higher in the past two months overall it has been averaging … (0 comments)
Lincoln Park Housing Type: Condo Since last month there has been a little spike in new listings in the higher price ranges. This is not a common sight during the holiday season. In past years the market has nearly come to a dead stop. However, this has not been a typical year and consumers know it. Market times have been low and inventory has been low, giving sellers the upper hand. This trend is continuing, but the higher priced homes are facing a more balanced market, or in some cases a buyer's market. Sellers of these homes should be … (2 comments)
Lincoln Park Housing Type: Condo As we've been seeing over the past months the condo market in Lincoln Park is moving smoothly. Many homes are selling in about a month and homes are coming to the market at the same pace that they are going under contract. The $2m+ range shows an average market time of 469 days, but of the three closings in that range one took 2 days to sell, one took 162 days, and the other one took 1,245 days. The home that took so long to sell was originally listed in 2013 for $3.75m. It … (0 comments)
lincoln park: Longer Market Times in Wrightwood Sheffield: Neighborhood Update
- 11/03/16 04:19 AM
Start your Wrightwood Sheffield/DePaul home search here. Wrightwood Sheffield/DePaul Housing Type: Condo Even though inventory levels haven't changed much since last month and most of these condos are still in a buyer's market, market times have been creeping up. They are still low at around two months, but it has been enough for some seller's to lower their asking price. If you are looking to buy, research the listing history of a home before you make an offer, you might have more negotiating room than the seller will admit. The median sales price for condos in this neighborhood was $530,000 Price Range: $400,000-$800,000
Price Range: $800,000+
Wrightwood Sheffield/DePaul Housing Type: Townhome There … (0 comments)
Lincoln Park Housing Type: Condo The condo market in Lincoln Park is still moving fast, like last month. Only a few more homes are coming to the market than are selling, so inventory levels are remaining steady. For most homes, market times are still hovering around a month. The toughest segment of these, for home sellers, are the homes listed for over $1m. Nearly half of these are new construction, which is why this market has a spike in inventory. The median sales price for condos was $393,500. Price Range: $400,000-$800,000
Price Range: $800,000+
Lincoln Park Housing Type: Townhome There continues to be a … (0 comments)
Lincoln Park Housing Type: Condo We knew last month that it was looking to be a busy fall and so far that trend continues. In most price ranges for the condos more homes have come to the market than have sold, but across the board they are still selling super fast, in just about a month, more or less. Because homes are still selling so fast the increase in inventory hasn't had much of an effect on the month's supply of inventory. It is still a seller's market up to the $1m+ range. The median sales price for condos … (0 comments)
Wrightwood Sheffield/DePaul Housing Type: Condo We've seen a few condos come to the market since last month, across the price ranges. They continue to sell very fast. The $600-700k range is the most telling, since there have been multiple sales, with an average market time of only 33 days! Sometimes, even in a fast market, nice homes don't sell as quickly. For example, the $800-900k sale took 111 days to market, but it's only the 3rd sale in this category over the past six months. Remember, as you get into the higher price ranges buyers tend to be more discerning … (0 comments)
Lincoln Park Housing Type: Condo It's going to be a busy fall season for Lincoln Park condos. Just like last month we are continuing to see homes come to the market nearly as fast as they sell. Most market times are hovering around a month and not much more than two. The market is looking a little more balanced among the higher priced homes, but they are still selling super fast. The median sales price for condos was $502,500. Price Range: $400,000-$800,000
Price Range: $800,000+
Lincoln Park Housing Type: Townhome If you are a buyer looking for a townhome in Lincoln Park you will … (6 comments)
Wrightwood Sheffield/DePaul Housing Type: Condo The trends haven't changed much since last month. The $400-500k range is still selling so fast that inventory can't keep up with demand. If you are thinking about selling your condo in this price range this is a great time to do it. When there is such a high demand prices go up, so the well kept and well-marketed homes will be able to sell for top dollar in this market. The median sales price for condos in this neighborhood was $427,500 Price Range: $400,000-$800,000
Price Range: $800,000+
Wrightwood Sheffield/DePaul Housing Type: Townhome Townhomes continue to sell at lightning speed. … (0 comments)
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