Homes Selling Quickly Across Roscoe Village: Neighborhood Update

Housing Type: Condo Roscoe Village

Inventory among the condos remains steady, since our last report, and homes continue to sell in under a month. This market is moving very fast. Sellers need to price their home carefully if they want to sell fast. Buyers will be watching and they will make offers on the best priced homes. The median sales price for condos in Roscoe Village was $349,000. 

 

Price Range: $400,000-$800,000


 

 

Housing Type: Townhome Roscoe Village

There weren't any townhomes in our last report and now two are under contract. This neighborhood is in dire need of more townhomes. They are high in demand.  

Housing Type: Single Family Roscoe Village

The trend continues among the houses of Roscoe Village that the new construction ones are taking longer to sell than the resale homes. One home took 549 days to sell, which seems extreme, but it was also new construction, so it was being promoted before the home was ready for occupancy. The resale homes kept with the trend of selling in a month or less. The median sales price for single family homes was $1,185,000.

 

Price Range: $400,000-$800,000

Price Range: $800,000+

Start your Roscoe Village home search here

 

*In this blog series we focus on one of twenty neighborhoods in Chicago, each day, and provide charts to give you a brief update on the activity that neighborhood has seen over the past month in a variety of price ranges for Single Family Homes, Townhouses, and Condos, as available.

When looking at these charts please keep in mind that not every housing type is available in every neighborhood (the Loop doesn't have houses) and some homes compete within even smaller subsections than these, meaning we can dig even further in this data. Please let me know if you would like a personal assessment of your target market.

 


For information about real estate in Chicago or resources in your area please contact us and sign up for our free market report!

 

Terri Buseman

312-208-5166                               

Terri@TerriBuseman.com

www.TerriBuseman.com

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Comment balloon 2 commentsTerri Buseman • November 02 2017 09:32PM

Comments

Homes are selling fast in the vast majority of the nation

Posted by William Feela, Realtor, Whispering Pines Realty 651-674-5999 No. (WHISPERING PINES REALTY) 12 months ago

True, many are. I find it interesting to see the difference in market times from neighborhood to neighborhood and within different price ranges.

Posted by Terri Buseman, Downtown Chicago (RE/MAX Premier Properties) 12 months ago

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