For residential properties, inventory throughout the city is low, with sales and under contract properties on the rise. With all three categories, detached, attached and multi-units seeing a months supply of inventory at about three months, properties are moving off the market quickly as demand in key markets pick up. […]
Search Results for : Statistics
The statistics have been updated for the month of August 2014. Sales of businesses with real estate and commercial properties have slowed, along with attached housing as we go into the fall market. Single family properties as well as multi-units are still in demand and prices are surging significantly for […]
The year over year statistics for November has been published. One common trend occurring in several market segments, including all residential and commercial properties are the lowered months supply of inventory, which all seem to be hovering over the four month mark. What the months supply of inventory (MSI) tells […]
Several changes have been done to the statistics page. Distressed sales statistics (lender mediated assisted sales: REO, short sales, pre-foreclosure, foreclosure) are now compiled in a monthly report. Additionally, information by each neighborhood is available for registered subscribers. Reports for each month is made available a couple of weeks after […]
Chicago area real estate statistics for residential and commercial properties have been updated – Chicago real estate statistics. Overall, inventory is down across all real estate classes and contracts written and real estate sold are up from one year ago. Only businesses and multi-units have seen fewer properties sold than […]
Chicago area real estate statistics for residential and commercial properties have been updated for the past twelve months ending in Oct 2011. https://realtyevolved.net/residential-commercial-distressed-chicago-real-estate/ Contracts written is up for both residential and commercial properties. Months supply of inventory is also lower, although for several property types the drop has been […]
Chicago area real estate statistics for residential and commercial properties have been updated for the past twelve months ending in Sept 2011. https://realtyevolved.net/residential-commercial-distressed-chicago-real-estate/ Sherwin L. Sucaldito, REALTOR®, GREEN, ABR, CRPM @properties The Institute of Luxury Home Marketing Green REsource Council, GREEN Accredited Buyer’s Representative , ABR Certified Residential […]
Updated Chicago real estate statistics for May 2011.
The weekly statistics for distressed and traditional real estate sales have been updated for last week. An index of local home prices fell in December for the fifth straight month, hitting its lowest point since the summer of 2001. The growing concern is over the “shadow inventory” or foreclosures/soon-to-be-foreclosures that […]
Monthly statistics through February have been posted! Supply seems to be lessening for residential. Lots of activity for commercial and industrial properties as contracts written and sales are up. Activity in vacant lots is heating up earlier as well than last year. View the residential real estate market dynamics analysis […]
Chicago area real estate weekly distressed and traditional versus total statistics.
Monthly statistics for Chicago area residential and commercial sales.
Below are courtesy market reports of Chicago area real estate statistics. These are for review purposes only to gauge the overall market and trend of real estate in the Chicago area and should not be used in determining housing or business goals without discussing with a broker in detail. Analysis […]
Chicago area real estate trends and statistics. Includes residential and commercial classes. Additional distressed & traditional versus total statistics on weekly basis. Posted at https://realtyevolved.net
Chicago area real estate trends and statistics. Includes residential and commercial classes. Additional distressed & traditional versus total statistics on weekly basis. Posted at https://realtyevolved.net
The Chicago monthly real estate indicators help provide research, insight and analysis on Chicago’s housing market throughout the 77 neighborhoods of Chicago.
Spring is generally a hot season for home selling and buying. But just as there is more demand, there is also an increase in inventory and competition from others looking to sell their home as well.
Follow me each month to learn about the current trends in Chicago real estate and news for home buyers and home sellers. News and statistics are shared from several sources as well, @properties, the leading Chicago real estate brokerage, MLSNI and the Chicago Association of REALTORS. Take a moment to […]
The Census Bureau reported this week that housing starts, which measures new home construction, rose nearly 28% between February 2012 and February 2013. Many national builders have also reported been reported increases in buyer demand. Lennar for example, has reported more than a 33% increase in sales of homes. Even […]
While housing seems to continue to show signs life, it will be an ongoing fight. The month’s supply of inventory for Chicago single family and attached condos and townhomes are both below four months (rate at which the current inventory will take to sell, based on current sales rate) indicating […]
With the elections behind us and the winter season approaching, many are watching the housing market for changes in activity. But much of the recent data seems to support much of what has been talked about on a national level. For Chicago, inventory has decreased throughout single family, attached condos […]
So it’s been all over the news that housing recovery is in full force across the country and not just in selective markets. A part of the recovery is due to supply, with inventory lower across all market segments, while real estate sales increasing at the same time from this […]
As we enter a new year, I am finding myself guiding clients in this market, formulating strategies and guiding expectations. It’s no surprise that the real estate market has been difficult for the past few years and many economists are expecting more of the same for this year. But even […]
The Illinois Association of REALTORS® (IAR) has discovered a technical error related to inconsistent data reporting that has resulted in inaccurate median price and sales volume reports for single-family homes and condominiums specifically and solely for the city of Chicago. This unintentional technical error only relates to city of Chicago […]
Today, there are numerous resources to research properties; and the search has gone beyond looking for just a new home. With the majority of consumers going online, the information can not only be overwhelming but also not current.
May 18: Several more changes that have been in the works are being implemented into the site. We are finalizing plans for the upcoming webinar that will be available to both readers and past clients. This is the first in an ongoing series planned for the year which will focus […]
There has been a lot of uncertainty in the marketplace lately. In the news there are reports of recovering taking longer, recovery happening now and even announcements that home sales are up. So what are we to expect, or believe when it comes to the future of the housing market? […]
Taking Inventory: Supply Picture Slowly Improving One closely watched gauge of the local real estate market is Months Supply of Inventory (MSI). MSI forecasts how long it would take to sell off the remaining supply of active listings given the current pace of sales. As a general rule of thumb, […]
WSJ just published an article stating that the housing crash may have been more severe than what initial estimate show. The National Association of Realtors as well as CoreLogic (real-estate analytics firm) both have varying results from 2010. There are several reasons for the discrepancies. The 2010 Census didn’t include […]
Hope everyone’s year is off to a good start!
Updated distressed versus sales statistics. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
Considering purchasing a short sale or foreclosed home in need of repairs? What options are available to buyers in today’s market? Originally published at https://realtyevolved.net by Sherwin Sucaldito.
At the end of the week, we will be moving the popular sticky “Chicago Real Estate Trends & Statistics” from the main column and will be in the 3rd column under Links & Resources and under the same post name. It is already located there, and we will continue to […]
Current sellers may benefit in the short-term from fewer foreclosures on the market, which account for large percentage of transactions currently. RealtyTrac estimates that distressed sales account for a third of the residential real estate market, and depressing home prices by about 26%. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
Hey everyone, hope you all are staying dry from rains tonight! I have had several people ask to expand the trends and statistics post to include commercial properties. This is somewhat tricky; The metric data includes currently active and closed properties. Many commercial leases which impact the market aren’t included, […]
Featured in this past Sunday’s tribune, 2010 YTD statistics.
Sherwin Sucaldito is a REALTOR® with @properties, in Chicago, specializing in residential & commercial real estate sales and leasing. His Chicago real estate blog initially written as a resource for consumers, has become popular with many people.