Archive for the ‘Buyers’ Category

Chicago Real Estate Market Trends for June 2017

July 23, 2017

Chicago Market TendsNeighborhoods included in these statistics are: Avondale, Albany Park, Edgewater, Irving Park, Lakeview, Lincoln Park, Lincoln Square, Logan Square, Loop, Near North Side, Near South Side, Near West Side, North Center, Uptown, West Town.

Chicago Real Estate Sales – Detached Single Homes

The number of Chicago detached single homes selling in June 2017 decreased by 3.95% compared to June 2016. The average selling price increased by 1.44% to $959,900 and the average market time increased by 2 days or 2.56 %. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

June 2017

243

$959,900

98%

80

June 2016

253

$946,260

97%

78


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in June 2017 increased by 2.23% for the month when compared to June 2016. The average selling price increased 3.25% to $454,889 and the average market time decreased 8 days or 15.09%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

June 2017

1,744

$454,889

99%

45

June 2016

1,706

$440,560

99%

53


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in June 2017 increased 5.50% when compared to June 2016. The average selling price increased 0.64% to $604,043 and the average market time decreased by 5 days or 6.76%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

June 2017

115

$604,043

97%

69

June 2016

109

$600,216

97%

74


Curious about the value of your home? 
Get your home’s value here!

Information courtesy of Chicago Realtor Karen Breen Elia.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467  Send An Email

We know Chicago Real Estate!  Call us today!

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Chicago Real Estate Market Trends-April 2017

May 26, 2017

Chicago Market Tends

Chicago Real Estate Market Trends for April 2017

Neighborhoods included in these statistics are: Avondale, Albany Park, Edgewater, Irving Park, Lakeview, Lincoln Park, Lincoln Square, Logan Square, Loop, Near North Side, Near South Side, Near West Side, North Center, Uptown, West Town.

Chicago Real Estate Sales – Detached Single Homes

The number of Chicago detached single homes selling in April 2017 increased by 4.62% compared to April 2016. The average selling price decreased by 2.15% to $935,019 and the average market time increased by 7 days or 6.03 %. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

April 2017

181

$935,019

97%

123

April 2016

173

$955,518

96%

116


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in April 2017 increased by 3.19% for the month when compared to April 2016. The average selling price increased 1.77 to $446,365 and the average market time decreased 6 days or 8.70%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

April 2017

1,365

$446,365

99%

63

April 2016

1,410

$438,610

97%

69


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in April 2017 decreased 4.65% when compared to April 2016. The average selling price increased 16.38% to $604,670 and the average market time increased by 5 days or 7.58%. Homes sold for 96% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

April 2017

82

$604,670

96%

71

April 2016

86

$519,561

97%

66


Curious about the value of your home? 
Get your home’s value here!

Information courtesy of Chicago Realtor Karen Breen Elia.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467  Send An Email

We know Chicago Real Estate!  Call us today!

 

Chicago Real Estate Market Trends-March 2017

April 20, 2017

Chicago Real Estate Market Trends for March 2017

Neighborhoods included in these statistics are: Avondale, Albany Park, Edgewater, Irving Park, Lakeview, Lincoln Park, Lincoln Square, Logan Square, Loop, Near North Side, Near South Side, Near West Side, North Center, Uptown, West Town.

Chicago Real Estate Sales – Detached Single Homes

The number of Chicago detached single homes selling in March 2017 increased by 14.38% compared to March 2016. The average selling price decreased by 1.88% to $872,961 and the average market time increased by 28 days or 25.45 %. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

March 2017

183

$872,961

97%

138

March 2016

160

$889,681

95%

110


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in March 2017 increased by 17.84% for the month when compared to March 2016. The average selling price increased 8.35% to $443,650 and the average market time decreased 15 days or 16.48%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

March 2017

1,222

$443,650

99%

76

March 2016

1,037

$409,449

98%

91

Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in March 2017 increased 25.33% when compared to March 2016. The average selling price increased 14.76% to $615,681 and the average market time decreased by 31 days or 28.977%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

March 2017

94

$615,681

97%

76

March 2016

75

$536,490

97%

107


Curious about the value of your home? 
Get your home’s value here!

Information courtesy of Chicago Realtor Karen Breen Elia.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467  Send An Email

We know Chicago Real Estate!  Call us today!

 

Chicago Real Estate Market Trends for February 2017

March 24, 2017

Neighborhoods included in these statistics are: Avondale, Albany Park, Edgewater, Irving Park, Lakeview, Lincoln Park, Lincoln Square, Logan Square, Loop, Near North Side, Near South Side, Near West Side, North Center, Uptown, West Town.

Chicago Real Estate Sales – Detached Single Homes

The number of Chicago detached single homes selling in February 2017 increased by 7.14% compared to February 2016. The average selling price increased by 2.81% to $881,726 and the average market time increased by 38 days or 30.89%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Feb 2017

90

$881,726

97%

161

Feb 2016

84

$857,653

95%

123

 

Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in February 2017 increased by 23.14% for the month when compared to Feburary 2016. The average selling price increased 8.29% to $461,124 and the average market time dropped 1 or 1.05%. Homes sold for 98% of the listed price.

 

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Feb 2017

697

$461,124

98%

95

Feb 2016

566

$425,816

98%

95


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in February 2017 increased 42.11% when compared to February 2016. The average selling price increased 13.81% to $600,826 and the average market time decreased by 39 days or 34.51%. Homes sold for 97% of the listed price.

 

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Feb 2017

54

$600,826

97%

74

Feb 2016

38

$527,908

96%

113


Curious about the value of your home? 
Get your home’s value here!

Information courtesy of Chicago Realtor Karen Breen Elia.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467 
Send An Email

We know Chicago Real Estate!  Call us today!

 

Chicago Real Estate Market Trends-Jan 2017

February 13, 2017

karentablet

Chicago Real Estate Market Trends for January 2017

Neighborhoods included in these statistics are: Avondale, Albany Park, Edgewater, Irving Park, Lakeview, Lincoln Park, Lincoln Square, Logan Square, Loop, Near North Side, Near South Side, Near West Side, North Park, North Center, Rogers Park, Uptown, West Ridge, West Town.

Chicago Real Estate Sales – Detached Single Homes

The number of Chicago detached single homes selling in January 2017 increased by 12.5% compared to January 2016. The average selling price decreased by 6.67% to $842,851 and the average market time decreased by 17 days or 12.59%. Homes sold for 94% of the listed price.

 

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Jan 2017

117

$842,851

94%

118

Jan 2016

104

$811,019

96%

135

 

Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in January 2017 increased by 11.38% for the month when compared to January 2016. The average selling price increased 17.94% to $449,662 and the average market time dropped by 1 day or 1.04%. Homes sold for 98% of the listed price.

 

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Jan 2017

695

$449,662

98%

95

Jan 2016

624

$381,262

97%

96


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in January 2017 dropped 29.76% when compared to January 2016. The average selling price increased 12.81% to $594,787 and the average market time decreased by 4 days or 4.49%. Homes sold for 96% of the listed price.

 

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Jan 2017

59

$594,787

96%

85

Jan 2016

84

$527,256

97%

89


Curious about the value of your home? 
Get your home’s value here!

Information courtesy of Chicago Realtor Karen Breen Elia.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467 
Send An Email

We know Chicago Real Estate!  Call us today!

 

Streeterville Condo For Sale: 900 Lake Shore Dr #2308

October 19, 2016

900 Lake Shore Dr

Streeterville Condo For Sale:

900 Lake Shore Dr #2308, Chicago IL 60611
MLS# 09370101

1 Bedroom | 1 Bath | 887 Square Feet | Streeterville

Virtual Tour

Awesome Streeterville!  Live in a Mies van de Rohe classic on Lake Shore Drive! Sleek and sophisticated! Large one bedroom overlooking the lake on a high floor in a full amenity architectural masterpiece.  Hardwood floors throughout.  Designer kitchen with marble and glass black-splash, water filtration system, quartz counter tops, KitchenAid stainless steel appliances, pantry cabinets, and sleek cabinetry.  Kitchen is open to separate dining area.  Huge living room with lake and city southern views from floor to ceiling Thermopane windows with UV film. Italian marble remodeled bath.  Spacious bedroom with new window treatments.  New lighting fixtures, and new Marlo unit.  Well run building with no special assessments, $3.4 million in reserves, 24 doorman, receiving, cleaners, valet, storage, bike room. Sundeck overlooking the lake, on site management & engineer.  Don’t miss this exceptional home in the sky!

Marketed by Chicago Realtor Karen Breen Elia!

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467  Send An Email

We know Chicago Real Estate!  Call us today!

Chicago Real Estate Market Trends for August 2016

October 12, 2016

Being a homeowner means that your home is yours – even the things that need fixing. Is a faucet leaking? Are floor boards squeaky? Is a light-switch not working? Those issues are all yours to tackle. But what projects can you do yourself and what ones require the help of a trained professional? Taking on projects yourself can save you time and money. But taking on the wrong projects can lead to unending amounts of stress or end up costing you more money than if you had hired someone in the first place. NAR’s consumer website, HouseLogic.com, lets you know which projects need a seasoned hand and a beginner can undertake.

Take a look at how many families decided to become homeowners in our local market in August…

Chicago Real Estate Market Trends for August 2016

Neighborhoods included in these statistics are: Avondale, Albany Park, Edgewater, Irving Park, Lakeview, Lincoln Park, Lincoln Square, Logan Square, Loop, Near North Side, Near South Side, Near West Side, North Park, North Center, Rogers Park, Uptown, West Ridge, West Town.

Chicago Real Estate Sales – Detached Single Homes

The number of Chicago detached single homes selling in August 2016 decreased by 10.43% compared to August 2015. The average selling price in decreased by 3.45% to $787,003 and the average market time decreased by 3 days or 4.28%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

August 2016

206

$787,003

97%

67

August 2015

230

$815,161

97%

70


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in August 2016 increased by 2.33% for the month when compared to August 2015. The average selling price decreased 0.50% to $402,536 and the average market time dropped 7 days or 11.29%. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

August 2016

1,490

$402,536

98%

55

August 2015

1,456

$404,587

98%

62


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in August 2016 remained the same when compared to Augsut 2015. The average selling price decreased 0.18% to $562,237 and the average market time increased by 16 days or 23.8%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

August 2016

128

$562,237

98%

51

August 2015

128

$563,252

97%

67


Curious about the value of your home? Get your home’s value here!

Information courtesy of Chicago Realtor Karen Breen Elia.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties

Chicago Home For Sale: 1047 W Winona Ave

October 6, 2016

1047 w winona ave

Chicago Home For Sale:

1047 W Winona Ave, Chicago IL 60640
MLS# 09359235

3 Bedrooms | 1.5 Baths | 1,759 Square Feet | Edgewater-Uptown

Adorable and affordable fee simple townhouse 1.5 blocks to Margate Park, lake, Marianos and red line el stop. Three levels of living space. Generous living room, large eat-in kitchen, huge family room. Three bedrooms on second floor with full bath. Wood laminate floors. Includes deeded parking space. No HOA fees. Great walk to everything neighborhood. Margate Park is full facility with field house, fitness center, after school and schools out programs & dog park.

Marketed by Chicago Realtor Karen Breen Elia.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467  Send An Email

We know Chicago Real Estate!  Call us today!

Spotting Potential Problems With a Home Before You Buy

September 20, 2016

buyerprob

If you are in the market to buy a new home chances are you are extremely excited and ready to find the best for you and your family.  Be sure that you don’t let your excitement and enthusiasm get in the way of spotting potential problems each home may have.  Many times sellers will try their best to cover up any potential problems with a house because they obviously want their house to sell as quickly as possible.  Don’t fall victim to this however, do your part to find problems before you buy so that they can possibly be fixed and you can move into a home that is free of any issues.  Below is a list of some potential problems that any new or old house may have and how to find them.

  1. Water damage is one of the main trouble spots that someone who is trying to sell their home will try to cover up. A good way to spot water damage especially in a finished basement is to move the furniture out a few feet and shine a flashlight on the floor where the furniture has been sitting.  Another way that home owners will try to mask water damage is by adding a fresh coat of paint.  Be sure to ask when the last time the house was painted.  If it has been a year or more, there is a good chance that everything is alright.  Lastly be sure to talk with the homeowner if you smell any strange odors especially in a basement as this may be a sign of water damage as well.
  2. A good way to spot an issue with a home’s foundation is to look for cracks in the paint. If you notice any cracks around door frames or windows, chances are that there may be a foundation problem.  These types of issues typically happen if the home is old.  Another clue that the foundation may have issues is if the kitchen cabinets or bathroom cabinets don’t shut properly.  Keep an eye out for things such as this.
  3. Lastly, a home may not have any issues at all however the issues may lie with the neighbors. Listen for barking dogs, look for yards that are unkempt and perhaps even drive through the neighborhood late on a weekend night to see if there are lots of parties and such that go on.

These are a just a few things to look out for when looking to purchase a home for you and your family.  Hopefully they got you thinking and will help you to go in with your eyes wide open.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467  Send An Email

We know Chicago Real Estate!  Call us today!

How to Search For a Neighborhood Before You Buy

August 29, 2016

28599138 - the right home for you words surrounded by a ring of colorful houses to motivate you to find the perfect property to buy for your family

Keep an open mind when you search for a neighborhood and do your best to pay attention to these things, and you will most likely enjoy your new home for years to come. Here are just a few things you may want to look for in a neighborhood before you buy a home.

  1. Walkability – A good thing to look for in a neighborhood before you buy is the walkability of it.  If you don’t know, a good place to start is to walk the neighborhood yourself.  If you don’t want to get out and walk around in the neighborhood before you purchase a home there, you can always check the walkability score on sites such as Walk Score.
  2. Neighbors – A great way to check out the neighbors in a hood that you are considering buying a house in is to drive through the neighborhood on a Saturday afternoon. Most of the time you will at least get to take a look at a few of the neighbors out in their yards.
  3. School Rankings – If your children’s education is important to you, you may want to check out the schools in the area in which you are planning to buy a home. Talk to neighbors, go to the school and talk to teachers, check for school ratings in that area online to get an idea of what you should expect.
  4. Crime Rates – It is very important that you check into crime rates in a neighborhood before you make a purchase so that you are not surprised once you move in. Most of the websites such as Zillow and Trulia have a crime rate locator that will show you just how much crime goes on in different areas.
  5. Places Of Interest – A good thing to look for in a neighborhood before you buy a house there is for places of interest nearby. You may or may not get a chance to do all of the fun things nearby your new home once you move in but knowing there is a lot to do within a close distance may be important to your children.
  6. Demographics – If it is important to be in a neighborhood of people who look like you and who are around the same age you may want to check out the demographics before you buy a house there.

These are just a few things you may want to look for in a neighborhood before you purchase a home there.  Keep an open mind when searching for a neighborhood and do your best to pay attention to these things and you will most likely enjoy your new home for years to come.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467  Send An Email

We know Chicago Real Estate!  Call us today!