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Showing posts with label Chicago Condo Market Indicator for November. Show all posts
Showing posts with label Chicago Condo Market Indicator for November. Show all posts

Friday, December 15, 2006

Chicago Condo Market Indicator for November, 2006

Below is the exclusive Chicago Condo Market Indicator for subscribers to ChicagoCondosOnline.com.

Highlights:

Sales of condos, which represent 59% of all residential sales in Chicago, were down 14% in November 2006 compared to November 2005.

New listings were up 2% compared to November 2005.

Average market time was up 11%, to 99 days. For a more-detailed report on the condo market, including month-over-month statistics, showing how the market changed from October to November, go to ChicagoCondosOnline.com. When the sign-in page appears, in the upper left-hand corner, click Market Overview.

source: Ric Cox, President & CEO