This afternoon I showed 3 bedroom 2 bath condos and townhouses in Lakeview. As shown below by the green and black dashed lines the median sale prices for these 3 bedroom 2 bath homes for the past year fell from $507,500 to $477,500, a drop of 5.9%.
Distribution of sale prices for Lakeview 3 bedroom 2 bath condos and townhouses past year vs. prior year
The distribution of prices didn’t change much, just the number of sales. The green bars showing the sales for this past year form a distribution very similar to sales for the prior year shown by the black outline bars. There were just less sales in most price ranges. In both years the highest number of sales was in the $400K to $500K price range.
The inventory of 3 bedroom 2 bath condos and townhouses for sale in Lakeview hit a 2 year low in December at 244 and was down 11% from December 2008. The median price in December of $469K was actually up 2% from December 2008.
Search Lakeview 3 Bedroom 2 Bath Condos & Townhouses For Sale
Similar Posts:
- Lakeview 2 bed 2 bath condo sales off more in lower price ranges than higher price ranges
- North Center 3 & 4 bedroom condo sales evaporate above $600K
- Near North Side’s 60611 3 bedroom condo median sale price up 2.9%
- Edgewater 3 bedroom condos for sale vs sold in the past year
- Lakeview 4 bedroom condo & townhouse sale prices rise 4.3% in 2nd quarter
