2006 real estate transactions decline in Sheffield**

The number of real estate transactions* in the Sheffield neighborhood** has dropped by 16%, the lowest in the last 10 years as shown on the accompanying chart. The number of single-family transactions dropped by 23%, condominiums by 8%, multi-unit by 68% and vacant land by 50%. The most significant decrease is the number of multi-unit properties because many have been torn down and have been rebuilt as single-family homes.

My 9th Annual 2005-2006 Sheffield Neighborhood Real Estate Market Report is being compiled and when ready, will contain charts, dollar volumes and statistics of real estate sales in the neighborhood. If you have not received last year’s report and would like a copy, please contact me at 773-294-1822 or This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Paula Arnett, GRI, CRS, ABR, who has provided quality single-agency real estate representation for more than 20 years, is a Broker Associate with Rubloff Residential Properties, 2663 N. Halsted, Chicago, IL 60614, and is a member of the SNA Board of Directors.

**Sheffield’s boundaries are Armitage on the South, Fullerton on the North, Halsted on the East and the Chicago River on the West.
 

 Number of Sheffield Neighborhood Real Estate Transactions*

*Reported thru MLSNI (Multiple Listing Service of Northern Illinois) as of Jan 9, 2007.