Sunday, February 3, 2008

Top 10: Census Areas With Most Units Sold

Today begins a series of weekly postings of Top 10 lists on Chicago condos. (Use the Comments link below to post your suggestions for Top 10 lists or e-mail them to: Top10@ChicagoCondosOnline.com.)

Our first list ranks the census areas in the city with the highest number of condo units sold in 2007, along with the percentage change from 2006. All figures in this series are calculated from the database of the Multiple Listing Service of Northern Illinois (MLSNI). Not included are condos sold by owners (FSBOs), which represent less than ten percent of total sales. All percentages are rounded to the nearest whole number.

As you will see, only three of the ten areas show an increase. For the city, units sold were down by 7%. (See news release at bottom of this blog.)

RankCodeArea'07 SalesChange
1.8008Near North Side2,805-2%
2.8006Lakeview2,127-6%
3.8024West Town1,355+3%
4.8007Lincoln Park1,202+12%
5.8028Near West Side1,181-17%
6.8032Loop987-5%
7.8003Uptown933-6%
8.8033Near South Side862+23%
9.8077Edgewater825-6%
10.8001Rogers Park643-29%

To share your insights and opinions on why these areas are up or down, click the Comments link below.

For a list of 2007 unit sales in all 77 census areas, e-mail your request to: Top10@ChicagoCondosOnline.com.

1 comment:

stkrzysiak said...

Thanks for the summary, always interesting to see. Keep up the great work!