Tuesday, October 28, 2008

Lakeview (Chicago) Condos for Fall Quarter, 2008


Chicago Home Buzz Market ReportThe total number of Lakeview, Chicago condos sold for the third quarter, 2008 was 576 units compared with 700 units in 2007 down 18% from the previous year and and down 23% since 2003.

The median sales prices of Lakeview, Chicago condos for the same quarter was $339,500 compared with $331,065 in 2007 up 3% from the previous year and up 13% since 2003.

The average sales price of Lakeview, Chicago condos for the same quarter was $368,824 compared with $367,738 in 2007 down 1% from the previous year and up 15% since 2003.

The average market time of Lakeview, Chicago single-family homes for the same quarter was 98 days compared with 94 days in 2007 up 4% from the previous year and up 85% since 2003.

For a full neighborhood and city wide report visit www.ChicagoHomeBuzz.com

1 comment:

Toronto Condos said...

Thank you for sharing this information with us. The high end Toronto Condo market of $500 sq. ft is now going over $1,500 sq. ft. at some high end projects like the Four Seasons residences and the residences at the Ritz Carlton. Toronto’s selling points are as follows: investors find the city safe economically, politically, and socially, by world standards our Condo prices are a bargain. Toronto is developing into a rich and highly educated core with more and more expensive Condos on the market to satisfy this new lifestyle.