Chicago, IL 60645 - West Rogers Park Market Update for Single Family Homes

Chicago, IL 60645 - West Rogers Park Market Update
for Single Family Homes - November 2009

Rogers Park was the first neighborhood that I lived in when I moved to Chicago. The neighborhood was close to Evanston where I first moved here from Michigan.

The Alderman, Bernard Stone, is known as the "Vice-Mayor of Chicago" and is one of the most honest Alderman here in the City of Chicago.

So, before I start telling more stories about my favorite places let me tell you some pretty good and exciting news about the market in this northside neighborhood.

The activity for the last 365 compared to the previous 365 days has showed a marked improvement. Granted there are roughly 20 homes that are for sale in the price range of $50K to $300K, but the strongest value selling price range is in the $300K to $550K showing 50 properties are currently for sale.

In the last 365 days, 35 properties have closed out in the $50K gto $300K price range.

Now, here's the really good news:

365 days for homes in the Chicago, IL 60645 market place describes the average home for that period of time:

The Average Price: $367,163

Days on Market: 149

Price Changes: 23

Percentage of Price Changes: 42.6%
(I will be discussing this "weak" market pricing in another post)

Average Style: 3 Bedrooms and 2 Baths

Average Square Footage: 2,013

Price Living Area: $182.00 per square foot

Stay tuned for a closer look at what is selling in the Rogers Park Neighborhood in Chicago, Illinois's 60645 Zip Code Area.