| SNN - May/Jun 2007 |
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Sheffield Real Estate PricesThe first quarter of this year compared to the same period last year shows longer market times and fewer closings as shown on the accompanying chart. The average selling price of a single-family home dropped drastically while the average selling price of a multi-unit property increased appreciably. But there are too few numbers and it is too early in the year to forecast year-end results. Total transactions for 2006 were 214, down significantly from 254 in 2005. Latest FYI’s A property in the 2000 block of Fremont that sold for $1,050,000 in April 2005 has been torn down. And a property on Dickens and Fremont, with no recent sale information, also has been torn down. 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.
Closed Jan 1-Mar 31, 2007
Closed Jan 1-Mar 31, 2006
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