The Archer Heights market slowed with a 36.4% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 8.2 monthly average with seven homes sold. Within the same time frame, the Near West Side neighborhood had 96 sales, the most of all neighborhoods in the area. The median sales price rose dramatically to $225,000, up from last week's $187,000. In spite of the decrease in sales, a low two months of inventory signals that Archer Heights is a solid seller's market.
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