Inventory Affecting Prices in Museum Park: Neighborhood Update
By Terri Buseman, Downtown Chicago
(RE/MAX Premier Properties)
Start your Museum Park at Central Station home search here.Museum Park at Central StationHousing Type: CondoMost of the condos in Museum Park continue to enjoy the seller's market we have been watching. There has been a spike in the month's supply of inventory among the $700-800k homes. They just simply aren't selling as fast and they have among the most on the market. The one that is under contract has a market time of 86 days and the ones that are still available have an average market time of 100 days. Half of those have been on the market for over 4 months. If you are selling in this price range be very aware of your competition and do what you can to stay ahead. Pricing your home at market value can help you get the edge you need. See the chart below to learn more about how months ...
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