Here is the Roger Park Real area of Chicago Real Estate report for February. There are some interesting figures to take a look at. In combined markets of condos and homes we have a 3.3% change in new listings and a whopping 41.2% gain in closed sales for January as compared to one year ago. Rogers Park has a 8.7% loss in inventory. This is a community with much more activity in the condo scene for this period. New listings for Rogers Park single family homes is up 100% but that is only 8 homes Vs 4 in January of last year. Closed sales are also up 100% from only 2 in January of 2015 to 4. The average sales price for homes is up 140% from $250,000 one year ago to $600,00 today. I thought it was a misprint but this is for real. Average market time is up down 43% to 81 days from 142 days in January a year back.
As for the Rogers Park Condo situation. New listings are down 3.5% for January of 2016 and under contract properties are up 6.9%. Closed sales of condominiums in this period are up 53.3% and the average sales price is up 5.7% from $137,901 to $145,830 currently. Interestingly the average market time is up 26.6% from 109 days to 138 days in January or 2016.
If you want to see inventory on your own, click Rogers Park Houses for sale and Rogers Park Condos for sale. This is a direct connection to the Multiple Listing Service (MLS) and data that is updated on the fly. This is very accurate information, the same source we Realtors have access to.
If you have any questions about Rogers Park Real Estate or want to know anything related to the schools, public transportation or anything else you can think of, please give us a call and we will help you. Coldwell Banker Rogers Park