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 2018 decreased by 10.00% compared to February 2017. The average selling price increased by 4.97% to $925,537 and the average market time increased by 8 days or 4.97%. Homes sold for 96% of the listed price.
|
Date |
Sold Listings |
Average |
SP:LP |
Average |
|
Feb 2018 |
81 |
$925,537 |
96% |
169 |
|
Feb 2017 |
90 |
$881,726 |
97% |
161 |
Chicago Real Estate Sales – Attached Single Homes
The number of Chicago attached single homes selling in February 2018 increased by 0.43% for the month when compared to February 2017. The average selling price increased 5.48% to $485,002 and the average market time increased by 5 days or 5.32%. Homes sold for 98% of the listed price.
|
Date |
Sold Listings |
Average |
SP:LP |
Average |
|
Feb 2018 |
705 |
$485,002 |
98% |
99 |
|
Feb 2017 |
702 |
$459,792 |
98% |
94 |
Chicago Real Estate Sales – 2-4 Flats
The number of Chicago multi-family properties selling in February 2018 increased by 1.85% when compared to February 2017. The average selling price increased 7.16% to $643,723 and the average market time increased by 5 days or 6.76%. Homes sold for 96% of the listed price.
|
Date |
Sold Listings |
Average |
SP:LP |
Average |
|
Feb 2018 |
55 |
$643,723 |
96% |
79 |
|
Feb 2017 |
54 |
$600,733 |
97% |
74 |
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
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467 Send An Email
We know Chicago Real Estate! Call us today!
Tags: Chicago city homes, chicago real estate, chicago real estate market trends, chicago realtor, chicago sales statistics, karen breen elia
Chicago City Homes Blog 
Leave a comment