May/June 2001

Sheffield Real Estate Facts

BY PAULA ARNETT

Last year, the total number of transactions for residential property (single family, condominium, multi-unit) in Sheffield was 254 compared to 217 in 1999. The dollar volume was $112,928,497 last year compared to $100,544,247 in 1999.

Of the 39 single family home sales in 2000, the average sale price was $1,040,464 while in 1999 the average sale price was $865,034 for 49 sales, a 120% increase. Condominium sales prices remained consistent with the average of $310,875 in 2000 and $307,879 in 1999. Multi-units also remained consistent with the average sale price in 2000 of $655,391 versus $629,574 in 1999.

More facts, including the Street by Street Analysis, are available in my new 1999-2000 Sheffield Neighborhood Real Estate Market Report* which you may have received.

*Data compiled from the Multiple Listing Service of Northern Illinois.