We now have the Chicago neighborhood of Rogers Park Real Estate report for October 2016. Sales of 
houses and condos have done well and this report at the end covers so much detail. We are going to focus on the 30 day period ending October 14th as compared to last year at the same time frame.
New listings in Rogers Park have gone up by 28.6% and closed sales by 4.4%. The inventory has gone down by 1.5%. This is great and shows a very busy Rogers Park Real estate scene. People are still buying and selling property this late in the year and shows that if you are thinking about a sale or about buying a property you do not have to wait.
Click Rogers Park Houses for sale and Rogers Park Condos for sale to take a look at the latest inventory and direct form the Multiple Listing Service (MLS).
Single family home listings are down by 12.5% to 7 houses Vs 8 last year during the same time frame. Under contract houses are up 200% with 6 this year and only 2 one year ago at this time in 2015. Closed sales are up 20% with 6 houses selling and only 5 one year ago. The average sales price is up 18.8% to $399,250 and in 2015 at this time last year it was $336,160. The average market time before a house goes under contract is up136% to 104 days, one year ago we were looking at 44 days.
Now on to condominiums, new listings are up 34.5% with 74 properties coming on the market and during the same time frame of 2015 it was only 55. Under contract condos are up 23.1% to 32 from only 26 and closed sales are up 2.5% at 41 Vs 40 last year this month. The average sales price for a Rogers Park condo has gone down 13.9% to the present price of $166,534 as opposed to $193,325. The average market time before a contract is up 19.2% at 93 days, last year this time it was 78 days.
Have any questions? Call us day or night at (800) 858-7917 or click on Coldwell Banker Rogers Park.
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