We all know that inventory levels are low but just how low? Here are the numbers for some key neighborhoods in Chicago
For detached properties over the last two year period:
8004 (Lincoln Square) started two years ago with a 7.1 months supply of inventory, went as high as 18.7 months and now is at 1.6 months.
8005 (North Center) started two years ago with a 5.9 months supply of inventory, went as high as 9.8 months and now is at 1.4 months.
8006 (Lake View) started two years ago with a 8.4 months supply of inventory, went as high as 12.7 months and now is at 2.1 months.
8007 (Lincoln Park) started two years ago with a 10.7 months supply of inventory, went as high as 21.2 months and now is at 3.3 months.
8008 (Near North Side) started two years ago with a 15 months supply of inventory, went as high as 42 months and now is at 10.7 months.
8016 (Irving Park) started two years ago with a 10.1 months supply of inventory, went as high as 13.1 months and now is at 1.5 months.
8022 (Logan Square) started two years ago with a 6.8 months supply of inventory, went as high as 18.4 months and now is at 1.7 months.
8024 (West Town) started two years ago with a 7.9 months supply of inventory, went as high as 14.2 months and now is at 1.7 months.
For attached properties over the last two year period:
8004 (Lincoln Square) started two years ago with a 7.2 months supply of inventory, went as high as 13.9 months and now is at 2.1 months.
8005 (North Center) started two years ago with a 6.4 months supply of inventory, went as high as 26.3 months and now is at 1.4 months.
8006 (Lake View) started two years ago with a 9.6 months supply of inventory, went as high as 13.1 months and now is at 1.8 months.
8007 (Lincoln Park) started two years ago with a 9.3 months supply of inventory, went as high as 13.7 months and now is at 1.7 months.
8008 (Near North Side) started two years ago with a 11.1 months supply of inventory, went as high as 12.9 months and now is at 2.4 months.
8016 (Irving Park) started two years ago with a 20.9 months supply of inventory, went as high as 24.4 months and now is at 3.2 months.
8022 (Logan Square) started two years ago with a 11 months supply of inventory, went as high as 23.1 months and now is at 1.3 months.
8024 (West Town) started two years ago with a 10.1 months supply of inventory, went as high as 13.5 months and now is at 1.3 months.
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