Third Quarter 2005 figures are officially in: In a nutshell, a ton of condos changed ownership this past quarter, and once again, we are on a record-setting pace for selling condos and townhomes (or “attached property type” in MLS lingo) in the City of Chicago. To give you a brief idea of how many condos and townhouses were closed on in the third quarter in Chicago’s Lakeview neighborhood alone, take a look at these stats: 922 attached units were closed on, with an average asking price of $332,718 and an average selling price of $332,054. That’s a 99% price ratio by the way, which goes to show that in Lakeview there is hardly any room for negotiation when you’re in the market to buy a condo. However, it could also be a sign for the proliferation of new-construction projects where negotiation on price is on the bottom of developers’ to-do list, to begin with. Anyway, stay tuned for more news about Chicago’s residential real estate market in upcoming columns.