Wednesday, October 17, 2012

New single family home listings hard to come by

5321 N Bell  was listed by us at $439,000 and sold in a day for top dollar, yet, affordable price

 I just did an MLS search for NEW single family home listings in six North Side Chicago Community Areas: Uptown, Lincoln Square, North Center Lincoln Park, Lakeview, and Near North.  NEW means they were listed on the MLS within the past 7 days.  Only 13 listings were returned! This is a large area with lots of residential single family homes and only 13 returns.

Of those 13 listings, only two homes had a for sale price under $1,100,000.  Some of these homes are re-listed houses as well, making the number of actual new house listings for sale extremely low.

Our listing at 4425 N Paulina at $729,000 was listed and sold after the first few showings.

We have several single family home buyer clients under contract (one with a house that never hit the market) and several more intensely looking.  It's pretty exciting, actually, to jump on that one good house that trickles onto the market for a particular client.