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Skokie 60076 Real Estate Appraisers 312.479.5344

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I recently completed a single-family appraisal in Skokie Illinois and here is my market analysis. Prices have been increasing over the last three years, marketing times of also increased and are under three months, the level of inventory on the market is in balance and the number of distressed sales has declined.

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Skokie 60076 Real Estate Appraisers 312.479.5344

  1. 1. Single Family Housing Market for Skokie, IL June 2015
  2. 2. Single Family Detached Home statistics from MRED MLS
  3. 3. In the last 30 days there were 64 closed sales of Detached Homes, 64 went under contract and there were 85 new listings
  4. 4. In the last 12 months median sales prices increased +5.8%
  5. 5. Marketing Time increased +6.4% to an average of 83 days on the market
  6. 6. Currently there is a 4.2 Month Supply of Inventory at the current level of absorption, this level is in balance.
  7. 7. Distressed sales, Bank Owned and Short Sales account for approximately 19% of total sales
  8. 8. Citywide Services performs residential real estate appraisals in Skokie, IL 60076. Appraisals for divorce, estate, bankruptcy, tax appeal, bail bonds, and for sale by owner. Call 312.479.5344 www.appraisercitywide.com

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