Friday, January 23, 2009

Lakeview (Chicago) Market Ups and Downs

While total single-family homes sold in Chicago's Lakeview (60657) neighborhood were down to 12 from 25 ( a 52% drop) the median sales price was up 32% to $1,627,500 (from $1,230,000) and market time was down 4% to 193 days.

Listen to the local professionals and look at the real numbers when trying to make sense and have an understanding of your local real estate economy. Even these numbers cannot be read on face value. Drill downs are required!

Make it a great buying and selling season


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