The Roger Park Real Estate report for November 2016 is now available. After a very busy 2016 that stretched into the Fall, sales are slowing down. We have 20.3% less new listings of all types of properties. 5.7% less closed sales and 9.5% less inventory.
Looking at single family homes Rogers Park has 70% new listings in this 30 day time frame as compared to last year at this time with only 3 new house listings as compared with 10 one year ago. Under contract houses are down 71.4% in Rogers Park with only 2 houses going under contract. Last year at this time the figure was 7. Closed sales of Rogers Park homes are up 300% with 4 houses sold this month as compared with only 1 last year at this time. The average sales price of a house has gone down 34.4% to $367,000 as compared with $559,500 last year at this time. The average market time is down 37.7% to 71 days and last year it was 14 days.
For Rogers Park Real Estate and the condo scene new listings are down 11.9% with 52 condominiums listing this month as compared with 59 during the same time frame last year. Under contract properties are up 12.5% with 36 condos going under contract as opposed with 32 this period in 2015. Closed sales are down 14.7% to 29 condos sold and last year it was 34. The average sales price for a condo in Rogers Park is now up 22.1% to $174,405, in 2015 at the same time it was $142,802. The average market time is down 40.3% to 83 Days from 139 in 2015.
If you have any questions about Rogers Park Real Estate of the community in general give us a call day or night at (800) 858-7917 of check out our site at Coldwell Banker Rogers Park.