The Rogers Park neighborhood is at the North end of the city of Chicago and sits on the Lake Michigan Lake front. It is on the border of Evanston IL and the home of Loyola University. The real estate situation is still in full swing even this late in the year. We have a report on the last 30 days or activity as compared with the same time frame of 2015 through September 14.
Rogers Park Real Estate has a 24% gain in new listings of all types of properties combined and a 73% gain is closed sales but a loss of 8.3% of inventory. That is an indication of a seller's market. If you are thinking about a move, you will be successful if you have the right help in presentation.
Click Rogers Park Houses for sale and Rogers Park Condos for sale to see the latest inventory.
Looking at the Rogers Park single family home sales we have a loss of40% with only 6 houses coming on the market this month as compared to 10 during the same time frame of 2015. Under contract houses are up 200% with 6 properties going under contract as opposed to only 2 the same time last year. The average sales price has gone down 18.9% to $403,167 and last year during the same period it was $497,003. The average market time for a Rogers Park home to be on the market before it goes under contract is up 105% from last year's 60 days to the present time of 123 days.
Taking a look at the condominium scene in Rogers Park, new listings are up 33.8% with 87 condos coming on the market as opposed to 65 last year in the same 30 day period. There were 27.7% less condo going under contract this month with 34 and last year same time it was 47. Closed sales are up 70.6% with 58 condos sold as compared with only 34 in this month of 2015.The average sales price for a Rogers Park condo is down 4.1% to $165,491 and last year it was $172,565. The average market time is up 30.6% to 81 days compared with last year's 62 days.
If you have any questions or want some help please call us day or night at (800) 858-7917 or check out our site at Coldwell Banker Rogers Park.
Understanding your Expectations and Exceeding them
(800) 858-7917
Comments (17)Subscribe to CommentsComment