The
Rogers Park Real Estate report is up for August 2016. Let us take some time and go through a partial analysis of the situation of this month as
compared to the same time frame
of one year ago. Let us talk about a picture of what is currently going
on and some eyes into the future if that is possible? We offer a nice
report at the end of this piece that will help you investigate in even
deeper if you like to view stats. I think you will find them helpful.
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| Rogers Ave Beach |
If
we look at the complete picture new listing for Rogers Park Real Estate
are down 11.8% and we have 7.8% less closed sales of all types of
property. The real estate market shows a loss of 19.1% There is a lack
of inventory in Rogers Park and this is one reason for these stats.
People who are interesting in selling property at this time will be
successful and may want to consider talking to us about where you stand.
Click Rogers Park Houses for Sale and Rogers Park Condos for sale to see the most up to date inventory via a direct connection to the Multiple Listing Service (MLS).
Taking
a view at the Rogers Park single family home situation, we have 42.9%
more new listings at this time as compared with last year this month,
there are 10 new houses for sale as compared to 7 last year. Under
contract houses are up 66.7% to 5 from only 3 homes last year and closed
sales are up 75% to 7 from only 4 one year ago at this time. The
average sales price has gone up 48.2% to $504,714 from $340,563 and the
average market time is down to only 69 days showing 24.6% less market
time with 52 days as opposed to 69 days last year in July.
Taking
a look at the Rogers Park Real Estate Condominium stats, new listings
are down 15.8% to 80 condos vs. 95 one year ago. The figures for under
contract condos is up 67.7% with 52 condos pending Vs only 31 one year
ago this month. Closed sales are down 14.9% to 40 units and last year it
was 47. The average sales price is up 20.1% to $192,562 and last year
it was $160,294. The average market time is down 9.8% to only 101 days
and last year we saw 112 days.
If you have any questions about the Rogers Park Real Estate scene or the community in general please us know.
Understanding your Expectations and Exceeding them
(800) 858-7917
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