Sheffield neighborhood real estate activity

BY PAULA ARNETT

Real estate activity for the first month and one half is shown on the accompanying chart in the Sheffield* neighborhood. For the same period last year, about one half the number of new listings have come on the market. With all of the news reports about the slow real estate market, sellers are reluctant to put their properties on the market. But properties going under contract have only declined by about one third. And properties closing are consistent with last year except for multi-units.

My 10th Annual 2006-2007 Sheffield Neighborhood Real Estate Market Report is being printed and contains 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 . The report, as well as other Sheffield neighborhood information, will also be available on my new website, paulaarnett.com.

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.

	Jan. 1 thru Feb. 15, 2008			Jan. 1 thru Feb. 15, 2007
	Listed	Under Contract	Closed	Listed	Under Contract	Closed
Single Family	13	7	3	20	7	4
Condo	21	11	7	51	21	7
Multi Unit	4	3	4	8	3	0
Vacant Land	0	0	0	1	0	0
Total	38	21	14	80	31	11

Data compiled from Multiple Listing Service of Northern Illinois on February 19, 2008.

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