Update on Welbourn Row Sales

I recently sold my home in Welbourn Row! I am a Realtor focusing on keeping sales strong in our community and wanted to give you a snapshot of the current activity.

Number of Active Units for Sale: 5
Number of Closed Units in past 6mo: 4
List/Sold Price for my 2bed/2bath unit: $325,000 / $313,000

Give me a call at 773-307-2449 if you are ready to sell your home to receive an honest and accurate picture of today's market and a detailed picture of the sales at Welbourn Row! The Spring Market is Here!

Welbourn Row Quarterly Market Summary

Introduction Letter:
I would like to take this opportunity to introduce myself as your neighbor and local real estate agent. Lately, we’ve all noticed the For Sale signs popping up on our buildings; plus, I’ve had many discussions with my direct neighbors on the value of our homes.

As you may know, market conditions can often change quickly, so I have included a snapshot (see reverse) to help everyone understand current conditions specifically at Welbourn Row. Because each of our units are unique depending on floor, finishes and view, I encourage you to take advantage of my open-ended offer to you to request a free comparative analysis to determine exactly what your home is worth.

I personally specialize in the sale of condominium homes in buildings like ours so please let me know if there is anything I can do to assist you. Feel free to call or e-mail me if you’re just interested in learning more or considering a move of your own in the future.

Market Activity - Month of July

2935 N Clybourn Ave Unit 304 Sold Price: $301,500 2143 Wellington Unit 208 Sold Price: $303,000 2915 N Clybourn Ave Unit 207 Under Contract: $349,000

Welbourn Row:
• Average market times at Welbourn Row are 113 days on the units that have sold in the last 6 months.
• There are currently 7 units on the market and one that is under contract. The listing prices for a 2 bed/1 bath units range from $275,000 to $314,900; and for 2 bed/2 bath range from $275,000 to $329,900. Please note: the ranges depend on floor, finishes and view of the individual units for sale so for an accurate description of what your unit is worth please don’t hesitate to inquire.
• To date in 2008, market activity in the North Center area has been strong, with buyer traffic increasing considerably, and available inventory decreasing.

Address List Price Sold Price Bedrooms Bathrooms Sale Date Market Time
2951 N Clybourn 202 $269,000 $238,727 2 1 5/9/2008 106
2951 N Clybourn 406 $279,000 $256,000 2 1 3/27/2008 68
2933 N Clybourn 405 $285,000 $270,000 2 2 2/26/2008 167