Chicago Real Estate Market Trends – June 2015

Take a look at June’s real estate sales statistics.

Chicago Real Estate Market Trends – June 2015

Chicago Real Estate Sales – Detached Single Homes

Neighborhoods included in these statistics are: Avondale, Albany Park, Edgewater, Irving Park, Lakeview, Lincoln Park, Lincoln Square, Logan Square, Loop, Near North Side, Near South Side, Near West Side, North Park, North Center, Rogers Park, Uptown, West Ridge, West Town.

The number of Chicago detached single homes selling in June 2015 increased 9.1% for the month compared to June 2014. The average selling price decreased by 3.0% to $812,104 and the average market time decreased by 3 days. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

June 2015

263

$812,104

98%

64

June 2014

241

$837,920

97%

67


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in June 2015 increased by 14.7% for the month when compared to June 2014. The average selling price increased 2.9% to $417,239 and the average market time decreased by 2 days. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

June 2015

1,785

$417,239

99%

57

June 2014

1,555

$405,144

98%

59


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in June 2015 increased by 20.7% from June 2014. The average selling price increased 6.1% from June 2014 prices, and the average market time increased by 2 days. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

June 2015

134

$549,487

98%

59

June 2014

111

$517,782

98%

57

Curious about the value of your home? Get your home’s value here!

Information courtesy of Chicago Realtor Karen Breen Elia.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties

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