Chicago Condo Directory

Alsip is one of the smaller markets for condominiums in the Chicago region.  However, the area has been hard hit by the downturn in sales around the suburbs.  According to data from the Chicago Association of Realtors, a total of 21 condos were sold during the third quarter, nearly a 50 percent drop in just one year.

It is the lowest total sales the neighborhood has seen during the third quarter since 1998.  As a result of the drop in sales, many condo owners and developers are facing longer waits to find a buyer.  If you’re selling your condo in Alsip, it will now take you ana average of 88 days to find a buyer.  However, this is still well below the average for all of the Chicago region.

Prices continued to rise in Alsip, despite the drop in demand and rising inventory of condos on the market.  The average sales price during the third quarter was up by 13 percent from the same period last year.

Buyers looking for Chicago Condos For Salehttp://www.chicagocondodirectory.com/ in Alsip can find excellent deals in this affordable area.  Browse through the best new condos on the market in Alsip and other parts of Chicago today.

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