Edgewater Condos

Edgewater 3+ bedroom condos prices & sales flat in 4th quarter 2010

Click to See Median Prices Chart February 4, 2011

Edgewater 3+ bedroom condo prices and sales stayed exactly the same in the 4th quarter of 2010 compared to 4th quarter 2009. The median stayed at an even $300,000, exactly the same as in 2009. Click to continue...

Chicago’s Edgewater condos for sale hit 2 year low

Click to see the full chart December 3, 2010

The number of condos for sale in the Edgewater area of Chicago reached a 2 year low in November both for the number of listed condos for sale during the month and the number of listed condos for sale on the last day of the month. Click to continue...

Edgewater 3 bedroom condos for sale vs sold in the past year

Click to See Entire Chart September 3, 2010

Currently there are 84 3 bedroom condos for sale in Edgewater. The price distribution for those condos is shown in red below. The inventory of Edgewater 3 bedroom condos for sale has been fairly flat since March. 72 Edgewater 3 bedroom condos were sold during the past 12 months. The price distribution is shown above Click to continue...

Andersonville house vs. condo sales

June 20, 2010

Today a couple of my buyers had the inspection for the condo they are buying in Andersonville. When people ask me about the Andersonville real estate market it’s hard to answer them because there are so few sales in any given month. Click to continue...

Edgewater 2 bedroom condos for sale near 2 year lows

Thumbnail image for Edgewater 2 bedroom condos for sale near 2 year lows June 5, 2010

Today I met with a woman considering selling her 2 bedroom condo in Edgewater. Fortunately for her there aren’t as many 2 bedroom condos for sale in Edgewater as this time last year and the year before. As shown below the number of 2 bedroom Edgewater condos for sale has averaged 388 over the past Click to continue...

Edgewater’s 60660 median condo price up 1%

Thumbnail image for Edgewater’s 60660 median condo price up 1% May 8, 2010

The median sales price of Edgewater condos in the 60660 zip code rose 1% in the last year compared to the previous year. The median price for Edgewater’s 60640 zip code to the south which includes Andersonville fell 9.4% for the same period. As shown by the dashed line, the median condo sales price for Click to continue...

Andersonville 3 bedroom condo prices

Thumbnail image for Andersonville 3 bedroom condo prices April 12, 2010

Yesterday I showed 3 bedroom condos in the Andersonville neighborhood in Edgewater. The highest price any 3 bedroom condo in Andersonville has sold for in the past 6 months is $490,000. It was a 3 bedroom 3 bath duplex unit with a 2 car garage. The highest sale price for a 3 bedroom 2 bath simplex Click to continue...

Edgewater condos for sale vs. sold past year

Thumbnail image for Edgewater condos for sale vs. sold past year April 3, 2010

Last night my partner, Mary Kaye, and I met with a couple of new buyers interested in buying a condo in Edgewater. Currently, Edgewater condo buyers have more negotiating power in some price ranges verses others. As shown below the number of condos for sale in Edgewater (red bars) priced between $100K and $150K is Click to continue...

2 bedroom 1 bath vs. 2 bedroom 2 bath condos for sale in Chicago

Thumbnail image for 2 bedroom 1 bath vs. 2 bedroom 2 bath condos for sale in Chicago March 1, 2010

After meeting with some sellers this past weekend about selling their 2 bedroom 2 bath townhouse, I got to wondering about how much of a difference a second bathroom adds to the value of a 2 bedroom condo or townhouse for sale. My research in the multiple listing system on 2 bedroom resales for the Click to continue...

Edgewater 1, 2 & 3 bedroom condo sales – “nothing’s selling”?

Thumbnail image for Edgewater 1, 2 & 3 bedroom condo sales – “nothing’s selling”? February 17, 2010

An Edgewater 2 bed 2 bath condo I recently put on the market had its appraisal yesterday. There should be no problem with it appraising high enough. There were multiple offers and enough recent comparable sales to support the sale price. I can’t help but think about a comment someone left on the blog, Edgewater Click to continue...

Rogers Park 3 bedroom condo prices well below those in neighboring Evanston and Edgewater

Thumbnail image for Rogers Park 3 bedroom condo prices well below those in neighboring Evanston and Edgewater February 7, 2010

Tonight I’ll be watching the Super Bowl at a friends’ home in Rogers Park. Compared to neighboring Evanston and Edgewater, Rogers Park has very attractive home prices! I recently listed 7612 N Rogers #2 in Rogers Park. It’s a beautiful 3 bedroom 2 bath condo with a garage just a couple of blocks from the Click to continue...

Edgewater condo market faring better than house market part 2 of 2

November 3, 2009

In part 1 I showed the elevated inventory of houses for sale in Edgewater vs. the declining inventory of condos for sale in Edgewater. As shown in the chart below, the median sale price for Edgewater houses in October was $495K, down 22% from October 2007. Contrast that with the chart of Edgewater condo median Click to continue...

← Previous Entries