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July 22, 2007

Near North Side, IL Market Update for June 2007

Here are the latest real estate market statistics for Near North Side, IL area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 26.9%*

Average May 2007 June 2007 % Change
Asking Price $545,063 $608,469 11.6%
Sales Price $525,633 $587,002 11.7%
% of Asking Price 96% 96% 0.0%
$/SQFT $393 $421 7.1%
Days on Market 123 125 1.6%
Total Transactions 283 318 12.4%

Search for homes in Near North Side, IL.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 1,997 properties on the market with 537 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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