roscoe village: Homes Selling Quickly Across Roscoe Village: Neighborhood Update
- 11/02/17 02:32 PM
Housing Type: Condo Roscoe Village Inventory among the condos remains steady, since our last report, and homes continue to sell in under a month. This market is moving very fast. Sellers need to price their home carefully if they want to sell fast. Buyers will be watching and they will make offers on the best priced homes. The median sales price for condos in Roscoe Village was $349,000.
Price Range: $400,000-$800,000
Housing Type: Townhome Roscoe Village There weren't any townhomes in our last report and now two are under contract. This neighborhood is in dire need of more townhomes. They are high in demand. Housing Type: Single Family … (2 comments)
roscoe village: Roscoe Village Homes Selling Very Fast: Neighborhood Update
- 09/17/17 10:46 AM
Roscoe Village Housing Type: Condo There is the slightest uptick in inventory since our last report, but it's not enough to change the market. Condos are still selling in under a month. This is great for sellers, but buyers need to stay on their toes and be ready to make an offer as soon as they find a home they like or they might miss it! The median sales price for condos in Roscoe Village was $400,000.
Price Range: $400,000-$800,000
Price Range: $800,000+ Housing Type: Single Family Roscoe Village There hasn't been a lot of activity among the single family homes. Three of the four homes that sold … (2 comments)
roscoe village: Townhomes Sold Out in Roscoe Village: Neighborhood Update
- 08/04/17 04:14 PM
Roscoe Village Housing Type: Condo Condo sales have not slowed down a bit since our last report. Buyers need to be ready to jump! There were 7 sales in the $400-500k range last month and the average market time for all 7 of those sales was only 6 days. It's no wonder the median sales price was $418,000.
Price Range: $400,000-$800,000
Roscoe Village Housing Type: Townhome After 218 days on the market the last townhome sold in Roscoe Village. Townhomes are now sold out! There were a few listings that cancelled over the past two months, so we might see them come back to the market. The home … (0 comments)
Roscoe Village Housing Type: Condo Condos are still selling as fast as last month. One of the ones that closed sold in only one day and another only took 4 days. One that is under contract also has a market time of only 4 days. There are still a few that took 2 months or more to sell. Buyers have a lot of information when they start their search. They know what homes are worth and they often like turn-key. If your home is priced near market value it will have a better chance at selling quickly. The median sales … (1 comments)
Roscoe Village Housing Type: Condo Last month it looked like the average market time for $400-500k condos was pretty high at 258 days. However, we noticed that this was caused by one property taking 347 days to sell. This month there were more closings to compare and the average only came to 44 days. As we can see, even though some homes might take a long time to sell, overall they are all selling very fast! Buyers need to be ready to snatch up their dream home as soon as it is listed! The median sales price for condos … (0 comments)
Roscoe Village Housing Type: Condo As we noted last month, this market is still moving fast. Condos are going under contract at a similar rate as they are coming to the market. The average market time of the two homes that sold in the $400-500k range is pretty high, but one of them took 347 days, which is a long sales time in any market. A better indicator of how quickly homes are selling in this price range might be the average market time of homes that are under contract. It is currently 73 days and that is among 5 … (0 comments)
Roscoe Village Housing Type: Condo This year is taking a fast start. Of the 7 condos that are under contract 4 of them came to the market since our last report! As we saw in that report the month's supply of inventory has been extremely low for the past year. If homes in this neighborhood continue to have such low market times then the seller's market will continue. This is great news for savvy sellers who want a quick closing, but both buyers and sellers will have to do their homework so they can move quickly. The median sales price … (0 comments)
Roscoe Village Housing Type: Condo Last month we talked about the demand for condos in this neighborhood and how it is a good time to sell. Being January, we decided to do a side-by-side comparison to show activity from the past month as well as across the past year. As we can see, the month's supply of inventory has remained extremely low and most homes that go under contract close. Market times have even remained close to a month for most properties, which keeps the condos in this neighborhood in a strong seller's market. The median sales price for … (2 comments)
Roscoe Village Housing Type: Condo As we said last month the low inventory among the condos in this neighborhood is continuing to make it a good time to sell through the end of this year. The low market times are a good sign too. The homes that are under contract do have longer market times, with an average of 80 days, but there are fewer active homes which helps drive demand. The median sales price for condos was $342,250.
Price Range: $400,000-$800,000
Roscoe Village Housing Type: Townhome The one home that is available was listed today. It's a 4b 3.1ba new construction home. Last … (0 comments)
Roscoe Village Housing Type: Condo This market has not slowed down from last month. Again, there is a slight increase in inventory, but homes are still selling so fast that the demand for more homes to come to the market remains. Very often seasonality tends to slow the real estate market, but that is not looking to be the case among condos in Roscoe Village. If you are thinking of selling now is still a good time. In fact, inventory is so low that it is likely to remain a good time to sell in this neighborhood through the … (0 comments)
Roscoe Village Housing Type: Condo Inventory continues to increase among the condos. Homes are still selling so fast, like last month, that the month's supply of inventory has not changed much. This is still a great time to sell in this market. When inventory is low and demand is high prices go up. If you have been waiting for your home value to reach a certain point this would be a good time to get a professional evaluation of your home to see if it's at your target value. The median sales price for condos was $432,500.
Roscoe Village Housing Type: Condo The surge in listings we saw last month was clearly needed. Of the 4 that are under contract in the $400-500k range 3 of them went under contract since our last report. The market time for each of those is under 1 1/2 months too. We haven't seen any new condo listings hit this market, so there remains plenty of room for sellers who want to sell fast! The median sales price for condos was $398,000.
Price Range: $400,000-$800,000
Roscoe Village Housing Type: Townhome We have not seen any activity among townhomes in Roscoe Village since May. It is truly … (4 comments)
Roscoe Village Housing Type: Condo There has been a surge in condos being listed in the $400-500k range since last month. Even though homes are still selling very quickly these additional listings have bumped the months supply of inventory up from 1.7 months to 3.6! It's good news for buyers, they have an easier time when there are a few choices out there. However, it's still a seller's market. Sellers may expect the market times to rise a little with the added competition. The median sales price for condos was $398,500.
Price Range: $400,000-$800,000
Price Range: $800,000+
Roscoe Village Housing Type: Single Family The … (0 comments)
roscoe village: Condos Continue to Sell Fast in Roscoe Village: Neighborhood Update
- 07/07/16 05:25 AM
Start your Roscoe Village home search here. *Allow me to let you in on a little industry secret. We have two ways of collecting these numbers for you. One is through a reporting program in the MLS called Infosparks. The other is by manually looking up the data in the MLS. Infosparks is great for a quick view of the market, however, if you want to dig deeper you need to go to the actual MLS, look up the data manually and you may find that the numbers don't quite match what you found on Infosparks. Infosparks is updated often, but not as often … (1 comments)
Roscoe Village Housing Type: Condo It seems sellers are starting to realize the value in listing their homes when there is such little inventory. The condo market in Roscoe Village is really picking up over last month. There still isn't much inventory though and the homes that are being listed are flying off the market with many having an average market time of only a few weeks. In the $500-600k range there were only 2 on the market and 2 under contract in our last report. Over the course of the month 5 have sold and there are 2 … (0 comments)
roscoe village: Roscoe Village, Chicago Neighborhood Market Update
- 05/05/16 07:14 AM
Start your Roscoe Village home search here. In this blog series we will focus on one of twenty neighborhoods in Chicago, each day, and provide charts to give you a brief update on the activity that neighborhood has seen over the past month in a variety of price ranges for Single Family Homes, Townhouses, and Condos, as available. When looking at these charts please keep in mind that not every housing type is available in every neighborhood (the Loop only has condos) and some homes compete within even smaller subsections than these, meaning we can dig even further in this data. Please let me know … (0 comments)
roscoe village: Roscoe Village, Chicago Neighborhood Market Update
- 04/07/16 03:53 AM
Start your Roscoe Village home search here. The most important element in getting your home sold in a timely fashion is pricing it correctly. When you set the right price, you'll be attracting buyers who are looking for exactly the type of home you're offering. As a buyer or a seller it is vital to understand the specific marketplace you are in. Being a city of neighborhoods Chicago has a slew of different markets. We want to educate you on the different markets and give you the opportunity to watch a variety of them. In this blog series we will focus on one of twenty neighborhoods … (0 comments)
This blog is about life in the city of Chicago and in particular of the South Loop. The blog will strive to become a valuable source of information regarding real estate, community news and family life in an urban setting.
Housing Type: Condo Roscoe Village
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