Monday, August 17, 2009

@properties Market Report

@properties Market Report

http://www.atproperties.com/marketReport/


The @properties Market Report is the only real estate report that takes Chicago homebuyers and sellers inside the numbers, to offer real insights into local market activity.

For attached housing (condos and townhomes), data is now divided by neighborhood, and also by number of bedrooms and number of baths. This gives consumers a true “apples-to-apples” comparison of sales in their neighborhood. Similarly, for detached or single-family homes, the report is divided into four price points, also allowing home owners to compare and contrast more similar homes.

The data itself, which includes average market time, average price and number of units sold, can now be viewed in several different ways by the user. Consumers interested in buying or selling a home right now can sort the data by consecutive seasons. This shows the latest fluctuations and market trends and is similar to the data your agent uses when helping you determine a bid or asking price. For consumers interested in more long-term pricing trends, it can be helpful to view the annual comparisons, which remove seasonal influences and fluctuations.

One of the most important concepts this report confirms is the local nature of real estate, which goes far beyond what's happening region by region or city by city. In Chicago, local means neighborhood by neighborhood, block by block.

The @properties Market Report is a great top-line resource for understanding the trends that affect your local real estate market. For a more in-depth analysis and thorough property evaluation, turn to your local @properties sales agent. No one knows the market better.

Click on a neighborhood below to view our current Market Report.

http://www.atproperties.com/marketReport/

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