By the numbers

Posted by Ted Guarnero admin on Monday, August 9th, 2010 at 12:31pm.

According to statistics from Midwest Real Estate Data, LLC, sales and pricing numbers from the end of July 2010 for the Loop, Lincoln Park and Near North Side are as follows:  Chicago’s Loop neighborhood

             Average sales price: $690,403

             Average number of properties listed: 295

             Average number of days on the market: 156

 Near North Side including Gold Coast, Streeterville and River North 

            Average sales price: $530,742

             Average number of properties listed: 723

             Average number of days on the market: 168

 Lincoln Park

             Average sales price: $604,263

             Average number of properties listed: 362

             Average number of days on the market: 174      

  June vs. July Loop

             Average sales price: Up 29%

             Average number of properties listed: Up 14%

             Average number of days on the market: Down 4%

 Near North Side

             Average sales price: Up 1%

             Average number of properties listed: Up 8%

             Average number of days on the market: Even

 Lincoln Park

             Average sales price: Down 5%

             Average number of properties listed: Up 2%      

             Average number of days on the market: Up 22%             

Ted Guarnero, REALTOR® is a full-time real estate agent with over 1000 homes sold and $400 million in sales.  Working with Compass real estate offering professional and effective real estate services to help you succeed in the local real estate market. Visit www.seeChicagorealestate.com for information on downtown Chicago real estate and to get in touch with an expert in the Chicago real estate market. Before you hire your next Realtor call Ted Guarnero 855-See-Chicago, it's on the House !

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