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 Center, Uptown, West Town.
Chicago Real Estate Sales – Detached Single Homes
The number of Chicago detached single homes selling in February 2017 increased by 7.14% compared to February 2016. The average selling price increased by 2.81% to $881,726 and the average market time increased by 38 days or 30.89%. Homes sold for 97% of the listed price.
Date |
Sold Listings |
Average |
SP:LP |
Average |
Feb 2017 |
90 |
$881,726 |
97% |
161 |
Feb 2016 |
84 |
$857,653 |
95% |
123 |
Chicago Real Estate Sales – Attached Single Homes
The number of Chicago attached single homes selling in February 2017 increased by 23.14% for the month when compared to Feburary 2016. The average selling price increased 8.29% to $461,124 and the average market time dropped 1 or 1.05%. Homes sold for 98% of the listed price.
Date |
Sold Listings |
Average |
SP:LP |
Average |
Feb 2017 |
697 |
$461,124 |
98% |
95 |
Feb 2016 |
566 |
$425,816 |
98% |
95 |
Chicago Real Estate Sales – 2-4 Flats
The number of Chicago multi-family properties selling in February 2017 increased 42.11% when compared to February 2016. The average selling price increased 13.81% to $600,826 and the average market time decreased by 39 days or 34.51%. Homes sold for 97% of the listed price.
Date |
Sold Listings |
Average |
SP:LP |
Average |
Feb 2017 |
54 |
$600,826 |
97% |
74 |
Feb 2016 |
38 |
$527,908 |
96% |
113 |
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Information courtesy of Chicago Realtor Karen Breen Elia.
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