The 5 Top Real Estate Stories of 2011

Jan 3, 2012 by Sandra Matson

 

 

 

 

 

 

 

 

 

The KCM Blog is one of my favorite for real estate news, information, thoughts and simple infographics.  Today I am going to refer to their blog, 5 Top Real Estate Stories in 2011.  After stating that things we expected to happen didn’t and things we didn’t expect to happen did, they listed the following as headlines providing the greatest impact in 2011.

1.  Interest Rates remained at historic lows
2.  Sales were up over 2010
3.  Contract cancellation rate surges
4.  Foreclosures were delayed
5.  Prices move up then down

For more details on each of these take a look at KCM’s Blog.

 

 

 

2011 Housing Inventory Snapshot – Lincoln Park

Jan 2, 2012 by Sandra Matson

Housing Inventory Snapshot		Year Ended December 2011
	Average List Price	Median List Price	DOM – # Units
Lincoln Park   Active Listings
Single Family under $1M	$795,586	$849,500		287 | 21
Single Family over $1M	$2,724,033	$2,250,000		296 | 101
Condo/Townhome under $600K	$339,303	$324,900		204 | 360
Condo/Townhome over $600K	$1,229,119	$795,000		240 | 85

 

 

Housing Inventory Snapshot		Year Ended December 2011
	Average List Price	Average Sale Price	DOM – # Units
Lincoln Park  Sold
Single Family under $1M	$819,780	$753,831		125 | 43
Single Family over $1M	$2,024,867	$1,849,652		241 | 101
Condo/Townhome under $600K	$356,508	$337,569		159  | 552
Condo/Townhome over $600K	$805,436	$762,998		158 | 124

 

 

I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date. DOM = Average Days on Market

*Calculation is based on past 3 months.

Reputable Sources Say Buy Now

Nov 12, 2011 by Sandra Matson