Tuesday, November 28, 2006
Chicago total sales down, prices up
The aggregate Chicagoland home sales numbers as reported in Inman... this may not affect your particular block or home, but these numbers are not bad considering the Apocolypse talk. You'll see a seasonal uptick in the spring. The market times will be longer than last season, but people still want to live here. Sell on...
From the Inman story:
"In the Chicagoland Primary Metropolitan Statistical Area (PMSA), total home sales (single-family and condominiums) totaled 9,005 in October, down 15.4 percent from 10,640 home sales in the same month last year. The median single-family home price for the Chicagoland PMSA was $242,800 last month, up 0.3 percent from $242,000 in October 2005."
Token Chicago Skyline photo coutesy of Inman News (still awesome though!)