The Time to Purchase a Gold Coast or Streeterville Condo For Sale is Now!Posted by Helaine Cohen on
Last week, Zillow released their monthly Buyer-Seller Index for Chicago—a report that helps determine the top buyer’s and seller’s markets in a given area based on stats like days on market, rate of price cuts, and sales-to-list price ratio. To the surprise of some, Streeterville and the Gold Coast are among Chicago’s top buyer’s markets due to what seem like two somewhat compelling figures.
Although Streeterville and the Gold Coast are widely considered to be among the most prominent neighborhoods in all of Chicago, the average stay on the market for listings in these areas is still in the four to five month range, while nearly half of the recent homes and condos to come to market have experienced from sort of price reduction. To be exact, 41.4…
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