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Chicago Appraiser Garfield Ridge 312.479.5344

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This presentation takes a look at the single-family housing market in the Chicago neighborhood of Garfield Ridge with data current for the year ending July 2015

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Chicago Appraiser Garfield Ridge 312.479.5344

  1. 1. July 2015 single family housing market Garfield Ridge - Chicago
  2. 2. Single family home data taken from the MRED MLS
  3. 3. In the last 30 days there were 45 closed sales of Detached Homes 44 went under contract and there were 59 new listings
  4. 4. In the last 12 months median sales prices increased +15.2% over the prior year
  5. 5. Marketing Time decreased -19.0% and averaged 81 days on the market
  6. 6. Now there is a 4.2 Month Supply of Inventory at the current level of absorption, this level is considered in balance
  7. 7. Distressed sales, Bank Owned and Short Sales account for approximately 24% of total sales
  8. 8. Citywide Services performs residential real estate appraisals in Chicago. Appraisals for divorce, estate, bankruptcy, tax appeal, bail bonds, and for sale by owner. Call 312.479.5344