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Edgewater Condo Sales Continue to Fall

For the third straight year, condo sales in Edgewater fell during the third quarter. According to data from the Chicago Association of Realtors, a total of just 191 condos were sold in the neighborhood during the third quarter, down from 247 condos sold during the same period a year ago. The high point for the neighborhood was seen in 2005, with 360 condos sold during the third quarter. Condos are now taking an average of 143 days to find a buyer – the longest average turnover time over the last 18 years.

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