February 2015 condominium market inthe Near North Side neighborhood of

Chicago

Single family home data taken from the MRED MLS

In the last 30 days there were 142 closed sales of Attached Homes 300 went under contract and there were 472 new listings

Median sales prices remained stable over the last 12 months

Marketing Time increased +1.2% to an average of 84 days on the market

Now there is a 4.6 Month Supply of Inventory at the current level of absorption, this level is considered a oversupply.

Distressed sales, Bank Owned and Short Sales account for approximately 4% of total sales

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