The Chicago real estate market as seen by a local appraiser
Thursday, August 20, 2015
The detached single-family home market is strong in Chicago's Lakeview neighborhood
The Lakeview community area of Chicago is a very popular place. Approximately 95,000 Chicagoans call Lakeview home. Real estate appraiser Michael Walsh recently completed a single-family home appraisal and shares his market analysis in this video.
Prices of single-family homes have been increasing over the last 36 months and last year median sales prices increased 9.3%. Right now the median sales price for single-family home is over $1.3 million.