Monthly Archives: October 2014

Chicago Museum Park Housing Market Statistics 2011until today.

Chicago Museum Park at Central Station

Chicago Museum Park at Central Station

Chicago Museum Park at Central Station Housing Market Statistics

It has been awhile…A long while since I have blogged and I am back with improved sites. I hope you enjoy my information on Chicago Museum Park at Central Station Housing Market. Again Central Station is adjacent to Lake Michigan, Museum Campus and the south side of Grant Park, Roosevelt Road & Michigan Avenue.

The housing market statistics for home sales in Chicago Museum Park IL for the last 3 years are shown in the charts below.   I have included The Medium Sales Price of Homes in Chicago Museum Park at Central Station zip code 60605 for the last three years and the number of Closed Sales in Chicago Museum Park zip code 60605 for the last three years. As always you can go to my website www.homesbyjulieanne.com for more information or contact me directly for a free Market Analysis/Property Consultation.
The current inventory of homes for sale in Chicago Museum Park at Central Station zip code 60605 is down and has been decreasing over the last few years. Part of this is due to less foreclosures available (foreclosures are down about 50% over last year). Home sales for single family homes and attached single family homes in Chicago Museum Park have been increasing over the last year after taking a big dip between 20-30% from 2011. The median sales price of sold homes in Chicago Museum Park is above what it was in 2011 and had gone down (see the graph) for single family homes and for attached single family homes including condos during the last few years. The average market time for property sold in Chicago Museum Park at Central Station has gone down for single family homes and for attached single family homes in the last few years going from about 225 days to now about 65 days on the market.
The properties that are selling in Chicago Museum Park now area consisting of more regular sales than foreclosures and short sales.

It is all about supply and demand, the supply is going down and demand is increasing. The prices are increasing slowly.
If you would like clarification of these figures or if you want to take advantage of this once in our lifetime real estate market great for first time home buyers, investors or anyone moving up, look at our website http://www.homesbyjulieanne.com/ and search for property available in Chicago Museum Park, Bucktown, Southloop, Wicker Park, River North, River East, West Town and surrounding areas. We also list many foreclosure, REO and Short Sale listings. Or contact us and we will help you find the best home for the money or sell your home in the Museum Park, West Town, Bucktown, River North, Wicker Park, River East and surrounding areas at the highest price possible in this market.

Medium market price 60605

 Closed sales last 3 years Museum Park zip code 60605

*Information compiled from the MLS, not guaranteed

Julie Anne

       
Interested in a Career in Real Estate?  Curious about Keller Williams Realty?  Contact me to find out more.

 

Get Current Housing Market Stats in Any Area Now

http://www.northernillinoishomes4sale.com/mimarket/zip/60605/

Museum Park at Central Station – South Loop Chicago

Museum Park at Central Station Museum Park Chicago110

Museum Park at Central Station is a neighborhood that has so much to offer. Lush green parks and tree lined brick streets, Glass towers and townhomes that look like they have been their forever. Lake views, Millennium Park views, Downtown Chicago views, Museum views, Soldier field and the list goes on.   Outside of the hustle and bustle of downtown yet close enough to everything happening.

Central Station is adjacent to Lake Michigan, Museum Campus and the south side of Grant Park, Roosevelt Road & Michigan Avenue.  Part of the hot booming South Loop which has been one of the most active real estate markets in the city over the last 10 years. The South Loop extends from Cermak Road to Congress Parkway and from the Chicago River to Lake Michigan.

Museum Park is made up of 80 acres on the east side of the South Loop. In the late 1900’s South Prairie Avenue was where a lot of Chicago’s millionaires lived, the movers and shakers. It has declined but now it is returning to it’s past status.  South Loop Properties available for sale now can be found on my website http://www.Homesbyjulieanne.com.

I appreciate the beauty of the buildings, the landscape and views. The lakefront views are unobstructed and will stay that way, unlike many other areas.

Great restaurants are close by along with many cultural experiences. I personally enjoy the restaurants, running along the lake and in the park, music at the Jay Pritzker Pavilion and Summer Dance, Buckingham fountain (always so beautiful and majestic), Navy Pier, The Adler Planetarium, The Field Museum of Natural History, The John G. Shedd Aquarium, The Art Institute, Cloud Gate “The Bean” and too much more to mention.

Prices start at a few hundred thousand and increase from there. One of my favorite places to live in the city of Chicago.   If you are looking to buy a home or sell a home in the area contact me and I will help you every step of the way.

Julie Anne

       
Interested in a Career in Real Estate?  Curious about Keller Williams Realty?  Contact me to find out more.

 

Get Current Housing Market Stats in Any Area Now

http://www.northernillinoishomes4sale.com/mimarket/zip/60067/