Chicago Real Estate Blog
The Chicago real estate market as seen by a local appraiser
Monday, September 02, 2013
Lincolnwood, Il 60712 Real Estate Market
These are current statistics from the MRED Multiple Listing Service for
Lincolnwood, Illinois 60712
The median sales price increased +4.8% in the last 12 months
The level of unsold inventory is down -46.0% over the prior 12 months.
There is currently a 6.5 month supply of unsold inventory.
A 3-4 month supply of inventory is considered "In Balance", this level is considered a "Oversupply"
Marketing Time has declined -21.2% to 137 days on the market
Bank Owned properties and Short Sales account for approximately 33% of total sales
Overall the market is showing positive signs over the prior 12 months
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