This presentation takes a look at the single-family housing market in the Chicago neighborhood of Garfield Ridge with data current for the year ending July 2015

1. July 2015 single family housing market
Garfield Ridge - Chicago

2. Single family home data taken from
the MRED MLS

3. In the last 30 days there were 45 closed sales of Detached Homes
44 went under contract and there were 59 new listings

4. In the last 12 months median sales prices increased +15.2%
over the prior year

5. Marketing Time decreased -19.0% and averaged 81 days
on the market

6. Now there is a 4.2 Month Supply of Inventory at the
current level of absorption, this level is considered in
balance

7. Distressed sales, Bank Owned and Short Sales account
for approximately 24% of total sales

8. Citywide Services performs residential real estate
appraisals in Chicago. Appraisals for divorce, estate,
bankruptcy, tax appeal, bail bonds, and for sale by
owner. Call 312.479.5344 www.appraisercitywide.com