Logan Square, west bucktown input

[jonnynonos]

Originally Posted by jdiddy

Thank you for your passive aggressive apology. The YOY median sales price in Logan Square was up only slightly, that's true. It was also higher than Wicker Park or Lakeview. That reflects the fact that housing prices overall stabilized last year in Chicago, after several years of significant price increases. As the article I posted earlier stated, prices are up 33% over the last two years.

Here's another gauge of Logan Square's status within Chicago neighborhoods. In Trulia searches, Logan Square was searched more often than Wicker Park, Bucktown, Ravenswood, West Town, Ukranian Village, among others.

Chicago Home Prices and Heat Map - Trulia.com



Again, you're speculating against something that's already taken place. Have you been to Fullerton/Milwaukee on a Saturday night? Gone to the farmer's market in the summer? The big question for Logan Square is if all of these currently planned developments are allowed to proceed to fulfill some of the existing demand, or whether that will push people into more teardowns/gut rehabs of marginal properties. Wicker Park has become one of the most expensive neighborhoods in Chicago (actually the priciest to rent in) because housing supply failed to increase to meet the demand. Whether supply is allowed to meet demand in Logan Square will go a long way in addressing how many long time residents can stay.

Actually if you look at the list you posted, there is not a single transplant neighborhood under Logan Square for housing prices.

So, you inadvertently posted something helpful to the OP.

And you also support my point: communities like WP, where the average listing is $650K, can definitely afford to send their kids to private school.

As I wrote, I'm not positive that Logan Square is ultimately going to draw those families affluent enough to send their kids to private schools in Chicago.

Because they sure as he## aren't going to be sending them to CPS.

And I didn't apologize for anything; that was just a figure of speech.

[jdiddy]

Originally Posted by jonnynonos

Actually if you look at the list you posted, there is not a single transplant neighborhood under Logan Square for housing prices.

So, you inadvertently posted something helpful to the OP.

I'm not sure what you're looking at. Transplant Neighborhoods with lower Median Sales Price YOY change than Logan Square:

Depaul
Roscoe Village
Lakeview
Wicker Park
Near North Side