Friday, May 13, 2011

2011 Lakeview single family home sales lag 2010, median price up

With a recent Lakeview single family home listing of ours at 2911 N Racine going under contract, I thought I'd take a look at how house unit sales are doing heading to the half-way point of 2011.

In the first 6 months of 2010, there were 44 single family home closings in Lakeview Chicago with a median price of about $865,000.

At the time of this writing in 2011 (Friday May 13th), there have been 31 closed homes in Lakeview with a median price around $950,000. There are 31 homes under contract and about 12 of those homes PENDING closing. So, we may end up with 8-10 more closings by the end of the month to remain flat year to year by June 2011.

So, Lakeview, Chicago single family home unit sales down or flat, median price up.

More Lakeview posts here!

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