condo market for the near west side of chicago february 2015
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Attached Homes & Condominium market as of February 2015 for
the Near West side of Chicago
Attached homes and condominium data taken from the MRED MLS
In the last 30 days there were 85 closed sales of Attached Homes & Condos 148 went under contract and there were 158 new listings
In the last 12 months median sales prices increased +10.3%
Marketing Time is down -6.8% to an average of 55 days on the market
Now there is a 2.5 Month Supply of Inventory at the current level of absorption, this level is considered a shortage. It's a sellers market.
Distressed sales, Bank Owned and Short Sales account for approximately 11% of total sales
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