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Lakeview (Chicago) Condos & Townhomes Chicago Home Buzz

Total condos and townhomes units sold in Chicago's Lakeview neighborhood were down 37% with245 units sold in the fourth quarter, 2008 compared with 391 units sold in the fourth quarter, 2007. The median sales prices were down 9% to $315.000 from $347,000 in 2007 4Q and the average condo and townhome prices were down 36% in 2008 to $241,592 compared with $376,131 in 2007. Average market time was up 9% to 104 days.

Listen to the local professionals and look at the real numbers when trying to make sense of today's real estate market and your local micro-real estate economy. Even these numbers cannot be read on face value. Drill downs are required!



Chicago Home BuzzzzzzzzzzzFor more information and a Chicago Home Buzz market report visitwww.ChicagoHomeBuzz.com where this data will be available soon.

Jim

Posted Saturday Jan 24