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Washington Park Monthly Stats – April 2021

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Upside Down Market... This is what you could call an upside down market. April was the 5th month in a row where we sold more homes in a month than we had listed on the first day of that month. If you look at the chart, you can see just how unprecedented this is. April was also one of only 3 months in the last 10 years where … [Read more...] about Washington Park Monthly Stats – April 2021

Washington Park Monthly Stats – March 2021

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The Imbalance Continues... Oh my, as of March 31st, there were only 13 houses for sale in Washington Park. Prior to 2021, we typically have seen only one month a year where we sold more homes in a month than were available to purchase. Now we have seen this imbalance for 4 months in a row. Typically, the market really gets … [Read more...] about Washington Park Monthly Stats – March 2021

Washington Park Monthly Stats – February 2021

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The Definition of an Imbalanced Market... Look at the graph. It is very rare for the number of homes available on the first day of the reported month to be lower than the number sold. We have now seen that phenomenon for 3 months in a row in Washington Park. That is unprecedented. I have been selling homes in Washington Park … [Read more...] about Washington Park Monthly Stats – February 2021

Washington Park Monthly Stats – January 2021

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The Numbers Don't Get Much Better For Sellers... I think most of us are happy to say goodbye to 2020. What a year! Of the 27 sales this month, 66% sold at or above the asking price. Multiple offers are the norm rather than the exception. We used to think the high end never got full price but the one sale this month that sold … [Read more...] about Washington Park Monthly Stats – January 2021

Wash Park Real Estate Market Review 2020

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What A Year 2020 will be a year to remember for so many reasons. Most of those reasons are not real estate related but the Washington Park real estate market for anyone who has been involved in it this year will also live on in infamy. Several numbers stand out. As you can see on the chart, traditionally we sell the most homes … [Read more...] about Wash Park Real Estate Market Review 2020

Washington Park Monthly Stats – December 2020

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Goodbye 2020! I think most of us are happy to say goodbye to 2020.  What a year! Typically December is a month when we find our clients busy with travel, shopping and  holiday parties. Real estate is usually a much lower priority than these seasonal activities. However, with travel, shopping and parties all much diminished … [Read more...] about Washington Park Monthly Stats – December 2020

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