he Rogers Park Real Estate Market Report for June 2016 is just in. As
I am sure you know, Rogers Park is a great neighbored that is the end
of Chicago, it sits on the border of Evanston and Lake
Michigan. The
statistics are really interesting this month. For all types of listings
we have a gain of 72% and 41.7% more closed sales in the month as
compared to last year in the same time frame. Not surprisingly we have
8.3% less inventory but as I break down the stats it really looks good.
For
Single family homes in Rogers Park Real Estate we have a gain of 150%
with 15 new listings as opposed to only 6 in June of 2015.The closed
sales are up 200% with 6 houses closed and last year during the same
time which ends June 14th we had only 2 houses that closed. The average
sales price for a house in Rogers Park is us 42.2% to $598,333 from last
year's $420,750. The strange stat is the average market time. It is up
195.8% to 71 days from only 24 days last year. The percent of
original list price received for houses is up 14.5% to 95.6% of listed
price and last year it was 83.5% for the asking price.
If you want to browse on your own, click
Rogers Park Houses for sale and
Rogers Park Condos for sale.
Looking
at the Rogers Park condominium scene in Real Estate sales we have a 65%
gain in new listings with 99 this month Vs 60 in the same time frame
last year. There is a 21.3% gain in under contract condos and closed
sales are up 32.4% to 45 and last year during the same time the number
was 34. The average sale price of a Roger Park condo is down 1.2% to
$178,316 and last year this month it was $180,475. The average market
time is up 47.1% to 103 days from last year's 70 days until a contract.
The figure for the percentage of asking price is up 1.5% to 94.6% of
asking price and last year it was 93.2%.
If you have any questions please call us or click on our web site and we will help you in any way.
Understanding your Expectations and Exceeding them
(800) 858-7917
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