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The Bridge Team

2020

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

Washington Park Monthly Stats – November 2020

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No Break For The Holidays This Year... With sales up 22% from a year ago and inventory 18% less than this time last year, I am not expecting much of a slow down in activity over the holidays. With rates historically low and very few people traveling over the holidays, it seems that buying a new home is one of the few pleasures … [Read more...] about Washington Park Monthly Stats – November 2020

Washington Park Monthly Stats – October 2020

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Not Just Good But Record Breaking Good... Look at the whopping 59 closings in October 2020. It is not only up 84% from the same month last year but it is the biggest closing month in the last 10 years and likely much longer. With only 53 homes available, we are absorbing pretty much all of the inventory we can get in 17 days. … [Read more...] about Washington Park Monthly Stats – October 2020

Washington Park Monthly Stats – August 2020

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A Holiday Treat Has Come Early This Year.... 32% of the 37 sales that closed this month in Washington Park sold at or over asking.  Many buyers have said they don’t want to be in a bidding war however, they are not easy to avoid.  The good news about these competitions is that the house was likely priced a little under the top … [Read more...] about Washington Park Monthly Stats – August 2020

Wash Park Real Estate Market Review – First Half 2020

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WITH SO MUCH BAD NEWS, HOW COULD THE MARKET BE SO GOOD? As our country struggles to deal with a viral pandemic, civil unrest, and an economic crisis, the real estate market in Washington Park has seen little effect. Volume of sales is down only slightly. That is likely due to the 3 weeks when real estate showings were not … [Read more...] about Wash Park Real Estate Market Review – First Half 2020

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