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Washington Park Monthly Stats – February 2022

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Another Month, Another Record... On March 1 of 2021, there were 16 homes for sale in Washington Park. That was 50% less than on March 1 of 2020. On March 1 of this year there were 4.  All the listings we have put on the market this year have sold way over asking. There is some good news for buyers as several listings have come … [Read more...] about Washington Park Monthly Stats – February 2022

Washington Park Real Estate – Market in Review 2021

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Best Year Ever... Not only did The Bridge Team have their best year ever with over $52 million in sales in 2021, but the Washington Park market broke records in the number of sales, volume of sales and value increases. It was the best year, by far, to sell a Washington Park home in the 40 years that I have been selling real … [Read more...] about Washington Park Real Estate – Market in Review 2021

Washington Park Monthly Stats – December 2021

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The Storm Before the Calm... Stats like these are no longer surprising but remain concerning. With only 8 homes available in Washington Park and only 5 of them priced below $1,000,000, affordability is certainly a concern. Many of us regret that our children who were raised in the neighborhood cannot afford to live near … [Read more...] about Washington Park Monthly Stats – December 2021

Washington Park Monthly Stats – November 2021

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Welcome to Millionaires Row... Did you ever think you would live in a million dollar house? Me either. Now of the 9 homes available in Washington Park on Dec. 1st of this year, only two were priced under $1 million. In a neighborhood that consistently sells 25 to 50 houses a month we now count the supply of homes for sale in … [Read more...] about Washington Park Monthly Stats – November 2021

Washington Park Monthly Stats – October 2021

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When We Are Upside Down The Market Is Going Up... We all remember the downturn in 2009 when we heard about homeowners being upside down in their homes. It meant that they owed more on their home than it was worth at the time. Well, those who had patience and continued to pay their mortgage and those who saw the large inventory … [Read more...] about Washington Park Monthly Stats – October 2021

Washington Park Monthly Stats – September 2021

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It Remains a Strong Seller's Market... 58 homes closed in August of 2021 tied with October of 2020 for the most Washington Park sales in my recorded history. That number is pretty unsustainable so it is not a surprise this month to see a 38% drop in closings from August to September. Also, if we had a record number of sales in … [Read more...] about Washington Park Monthly Stats – September 2021

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