Home-Brews & Data Prove Popular in Chicago
Last night was Chicago’s first Red Carpet Event, and a good time was had by all. While sipping (guzzling?) some of Goose Island Brew Pub’s finest home-brewed offerings, our guests absorbed quite a bit of the home-buying nitty-gritty, from the beginning of the process to search, evaluation, negotiation and on to the close of their home purchase. After the class, the party continued with more pitchers, great food and even better questions, answers and just plain excellent conversation.
For those of you who missed it, you can download the slides here. Warning: it’s a big file. Or if you want to come to the next one, it’s August 13th. You can get more info and RSVP here. I’m Mark Reitman, Redfin’s intrepid Market Manager in newly opened Chicago, and I’ll be there in August too.
And though we can’t share the home-brews with you on the blog, here’s data on recent Chicago home sales. Enjoy!
Chicago Single Family Homes sold in May & June 2008
| Neighborhood | # Deals | Final v. List | Average Price |
| Rogers Park houses | 3 | 93.6% | $404,833 |
| West Ridge houses | 12 | 93.6% | $404,958 |
| Uptown houses | 1 | 90.3% | $1,801,000 |
| Lincoln Square houses | 6 | 96.2% | $762,500 |
| North Center houses | 16 | 97.1% | $883,734 |
| Lake View houses | 11 | 93.1% | $985,818 |
| Lincoln Park houses | 13 | 93.7% | $1,749,865 |
| Near North Side houses | 0 | n/a | n/a |
| Albany Park houses | 12 | 95.0% | $470,625 |
| Portage Park houses | 28 | 95.9% | $295,964 |
| Irving Park houses | 16 | 94.9% | $415,078 |
| Logan Square houses | 13 | 94.1% | $582,915 |
| West Town houses | 7 | 93.2% | $573,143 |
| Near West Side houses | 0 | n/a | n/a |
| Loop houses | 0 | n/a | n/a |
| Near South Side houses | 1 | 92.8% | $760,000 |
| Edgewater houses | 7 | 95.6% | $740,786 |
Chicago Condos Sold in May & June 2008
| Neighborhood | # Deals | Final v. List | Average Price |
| Rogers Park condos | 81 | 96.6% | $286,094 |
| West Ridge condos | 47 | 96.8% | $304,519 |
| Uptown condos | 178 | 97.0% | $303,751 |
| Lincoln Square condos | 93 | 97.3% | $285,964 |
| North Center condos | 74 | 97.3% | $285,747 |
| Lake View condos | 426 | 97.7% | $372,410 |
| Lincloln Park condos | 225 | 96.8% | $464,262 |
| Near North Side condos | 485 | 98.6% | $582,948 |
| Albany Park condos | 38 | 97.5% | $229,811 |
| Portage Park condos | 14 | 94.6% | $188,339 |
| Irving Park condos | 32 | 95.6% | $264,406 |
| Logan Square condos | 107 | 98.5% | $350,875 |
| West Town condos | 250 | 97.5% | $395,328 |
| Near West Side condos | 226 | 99.9% | $460,790 |
| Loop condos | 154 | 99.7% | $449,851 |
| Near South Side condos | 357 | 108.6% | $525,498 |
| Edgewater condos | 121 | 96.7% | $239,991 |
Chicago Pricing Data at Home-Buying Class August 13th | Redfin Chicago Sweet Digs said:
[...] You can read about our last event here: Home-brews and data prove popular in Chicago. [...]
August 4, 2008 11:36 AM