Posts Tagged ‘chicago real estate market trends’

Chicago Real Estate Market Trends for 2018

June 26, 2018

Chicago Market Tends

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 May 2018 decreased by 11.74% compared to May 2017. The average selling price decreased by 0.14% to $971,629 and the average market time decreased by 20 days or 19.23 %. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

May 2018

203

$971,629

97%

84

May 2017

230

$972,976

97%

104



Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in May 2018 decreased by 5.45% for the month when compared to May 2017. The average selling price increased 8.62% to $475,785 and the average market time increased 11 days or 22.45%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

May 2018

1,509

$475,785

99%

60

May 2017

1,596

$438,022

99%

49



Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in May 2018 decreased 14.91% when compared to May 2017. The average selling price increased 6.65% to $619,672 and the average market time increased by 9 days or 17.31%. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

May 2018

97

$619.672

98%

61

May 2017

114

$581,060

98%

52



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!

 

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Chicago Real Estate Market Trends for April 2018

May 26, 2018

Chicago Market Tends

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 April 2018 decreased by 2.73% compared to April 2017. The average selling price increased by 5.20% to $985,061 and the average market time decreased by 22 days or 18.03%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Apr 2018

178

$985,061

97%

100

Apr 2017

183

$936,413

97%

122


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in April 2018 decreased by 2.77% for the month when compared to April 2017. The average selling price increased 8.93% to $485,985 and the average market time rose 6 days or 9.38%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Apr 2018

1,335

$485,985

99%

70

Apr 2017

1,373

$446,140

99%

64


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in April 2018 dropped 8.64% when compared to April 2017. The average selling price increased 10.16% to $670,764 and the average market time decreased by 18 days or 25.35%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Apr 2018

74

$670,764

97%

53

Apr 2017

81

$608,925

96%

71


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!

Chicago Real Estate Market Trends for March 2018

April 29, 2018

Chicago Market TendsNeighborhoods 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 March 2018 decreased by 18.92% compared to March 2017. The average selling price decreased by 2.87% to $851,534 and the average market time decreased by 7 days or 5.04%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Mar 2018

150

$851,534

97%

132

Mar 2017

185

$876,659

97%

139



Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in March 2018 decreased by 3.41% for the month when compared to March 2017. The average selling price increased 10.84% to $492,398 and the average market time rose 9 days or 11.69%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Mar 2018

1,188

$492,398

99%

86

Mar 2017

1,230

$444,249

99%

77


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in March 2018 dropped 17.89% when compared to March 2017. The average selling price increased 2.92% to $637,863 and the average market time decreased by 3 days or 4.00%. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Mar 2018

78

$637,863

98%

72

Mar 2017

95

$619,779

97%

75



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!

 

Chicago Real Estate Market Trends-February 2018

March 19, 2018

Chicago Market Tends

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
Sold Price

SP:LP

Average
Market Time

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
Sold Price

SP:LP

Average
Market Time

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
Sold Price

SP:LP

Average
Market Time

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!

Chicago Real Estate Market Trends for January 2018

February 19, 2018

Market TrendsNeighborhoods 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 January 2018 increased by 9.09% compared to January 2017. The average selling price increased by 14.97% to $1,069,775 and the average market time increased by 30 days or 25.42%. Homes sold for 95% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Jan 2018

108

$1,069,775

95%

148

Jan 2017

99

$930,508

94%

118


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in January 2018 decreased by 10.49% for the month when compared to January 2017. The average selling price increased 2.97% to $487,577 and the average market time dropped by 8 days or 8.33%. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Jan 2018

589

$487,577

98%

88

Jan 2017

658

$473,526

98%

96


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in January 2018 jumped 13.73% when compared to January 2017. The average selling price increased 4.64% to $646,620 and the average market time dropped by 22 days or 24.72%. Homes sold for 96% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Jan 2018

58

$646,620

96%

67

Jan 2017

51

$617,962

96%

89


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!

 

Chicago Real Estate Market Trends for December 2017

January 14, 2018

Market TrendsNeighborhoods 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 December 2017 increased by 8.33% compared to December 2016. The average selling price increased by 25.83% to $1,054,762 and the average market time increased by 18 days or 16.98%. Homes sold for 95% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Dec 2017

151

$1,054,762

95%

124

Dec 2016

120

$973,683

96%

106


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in December 2017 decreased by 7.53% for the month when compared to December 2016. The average selling price increased 14.17% to $508,002 and the average market time rose 2 days or 2.67%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Dec 2017

835

$508,002

99%

77

Dec 2016

903

$444,941

98%

75


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in December 2017 dropped 11.39% when compared to December 2016. The average selling price increased 7.76% to $573,803 and the average market time decreased by 13 days or 17.57%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Dec 2017

70

$573,803

97%

61

Dec 2016

79

$532,486

95%

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!

 

Chicago Real Estate Market Trends for October 2017

November 27, 2017

Chicago Market TendsNeighborhoods 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 October 2017 decreased by 3.79% compared to October 2016. The average selling price increased by 6.65% to $873,751 and the average market time decreased by 7 days or 7.61%. Homes sold for 95% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Oct 2017

127

$873,751

95%

85

Oct 2016

132

$819,302

96%

92


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in October 2017 increased by 1.78% for the month when compared to October 2016. The average selling price increased 8.46% to $456,578 and the average market time dropped by 1 day or 1.52%. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Oct 2017

915

$456,578

98%

65

Oct 2016

899

$420,967

98%

66


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in October 2017 dropped 3.45% when compared to October 2016. The average selling price increased 10.03% to $621,133 and the average market time decreased by 4 days or 7.02%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Oct 2017

84

$621,133

97%

53

Oct 2016

87

$564,498

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
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!

Chicago Real Estate Market Trends for July 2017

August 28, 2017

Chicago Market TendsNeighborhoods 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 July 2017 decreased by 11.9% compared to July 2016. The average selling price increased by 8.38% to $973,359 and the average market time decreased by 2 days or 3.08 %. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

July 2017

185

$973,359

97%

63

July 2016

210

$898,059

98%

65


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in July 2017 decreased by 3.69% for the month when compared to July 2016. The average selling price increased 1.41% to $446,252 and the average market time decreased 4 days or 7.55%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

July 2017

1,358

$446,252

99%

49

July 2016

1,410

$440,034

98%

53


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in July 2017 decreased 2.75% when compared to July 2016. The average selling price increased 1.34% to $604,286 and the average market time increased by 4 days or 6.78%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

July 2017

106

$604,286

99%

63

July 2016

109

$596,294

99%

59


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!

 

Chicago Real Estate Market Trends for June 2017

July 23, 2017

Chicago Market TendsNeighborhoods 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 June 2017 decreased by 3.95% compared to June 2016. The average selling price increased by 1.44% to $959,900 and the average market time increased by 2 days or 2.56 %. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

June 2017

243

$959,900

98%

80

June 2016

253

$946,260

97%

78


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in June 2017 increased by 2.23% for the month when compared to June 2016. The average selling price increased 3.25% to $454,889 and the average market time decreased 8 days or 15.09%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

June 2017

1,744

$454,889

99%

45

June 2016

1,706

$440,560

99%

53


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in June 2017 increased 5.50% when compared to June 2016. The average selling price increased 0.64% to $604,043 and the average market time decreased by 5 days or 6.76%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

June 2017

115

$604,043

97%

69

June 2016

109

$600,216

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!

Chicago Real Estate Market Trends-May 2017

June 20, 2017

Market TrendsNeighborhoods 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 May 2017 increased by 20.96% compared to May 2016. The average selling price increased by 8.37% to $964,462 and the average market time decreased by 1 day or 1.01 %. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

May 2017

202

$964,462

97%

98

May 2016

167

$890,003

97%

99


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in May 2017 increased by 2.57% for the month when compared to May 2016. The average selling price decreased 0.59% to $453,376 and the average market time decreased 10 days or 16.67%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

May 2017

1,319

$453,376

99%

50

May 2016

1,286

$456,072

99%

60


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in May 2017 increased 25.00% when compared to May 2016. The average selling price decreased 3.67% to $542,829 and the average market time increased by 5 days or 10.42%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

May 2017

100

$542,829

99%

53

May 2016

80

$564,491

99%

48


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!