Logan Square, Bucktown and Wicker Park Real Estate Market Report - Cook County, Illinois
Logan Square, Bucktown and Wicker Park, Illinois - Cook County
| Market Commentary Provided by Quentin Green II |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL 
Quentin Green II
Sudler Sotheby's International Realty Chicago, Illinois 773-418-5359 quentin.green@sothebysrealty.com Agent Home Page  |
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| Nearest Metro Area | |||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | More than 120 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $550,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Down 5-10% | ||||
| Prices As % of Asking Price | 85-90% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in Logan Square, Bucktown and Wicker Park is | |||||
| Seller Activity for the past 90 days in Logan Square, Bucktown and Wicker Park is | |||||
| Is Financing Available For Qualified Buyers in Logan Square, Bucktown and Wicker Park? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | Mkt continues to deteriorate and will so through 2009. Foreclosures weighing heavily on the mkt. Volume of sold homes is off 60% | ||||
| Reason to Buy/Sell | Other | ||||
| Average Sold Price | $550,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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