The Skokie IL Real Estate July 2017 situation is busy. It is definitely a seller's market but we see a slight gain in new listings. In this report, the goal is to talk about a comparison of a 30-day time frame ending July 14 and see how it matches up also looking at the same time last year.
New listing of all type of properties are up 5.3%. Closed sales are up by 1%. Inventory of all types of property are down by 23.2%. This shows a good opportunity for sellers of houses or condos. There are more buyers than sellers.
Looking at Skokie houses, we are up 6.2% for new listings. Under contract, properties are down by 16.7%. Closed sales are down by 10.1%. The average sales price for a Skokie House is down by 4.4% to $332,500. Average market time is down by 22.5% to 62 days. Houses are selling fast.
For Skokie IL Condos, new listings are up by 4%. Under contract, properties are up by 50%. Closed sales are up by 28.6%. The average sales price for a Skokie Condo is up by 19.8% to $222,833. The average market time before a sale is down 53.1% to 67 days. The condos are selling faster than last year.
Call us at (800) 858-7917 day or night. We have a Realtor on call to answer any of your questions. If you want to view inventory on your own, click the Coldwell Banker Skokie web site.
If you are a first-time buyer we are very happy to walk you through all the steps in the process. We have lenders and attorneys or anything else you may need. Buying or selling property is a big step and we are here to help.
If you want advice on contractors and remodeling we have a great team here to give you estimates and help you make your home the way you want it to me. Let us know and we will lead the way.