Posts Tagged ‘chicago real estate market trends’

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!

Advertisements

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!

 

Chicago Real Estate Market Trends-April 2017

May 26, 2017

Chicago Market Tends

Chicago Real Estate Market Trends for April 2017

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 2017 increased by 4.62% compared to April 2016. The average selling price decreased by 2.15% to $935,019 and the average market time increased by 7 days or 6.03 %. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

April 2017

181

$935,019

97%

123

April 2016

173

$955,518

96%

116


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in April 2017 increased by 3.19% for the month when compared to April 2016. The average selling price increased 1.77 to $446,365 and the average market time decreased 6 days or 8.70%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

April 2017

1,365

$446,365

99%

63

April 2016

1,410

$438,610

97%

69


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in April 2017 decreased 4.65% when compared to April 2016. The average selling price increased 16.38% to $604,670 and the average market time increased by 5 days or 7.58%. Homes sold for 96% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

April 2017

82

$604,670

96%

71

April 2016

86

$519,561

97%

66


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-March 2017

April 20, 2017

Chicago Real Estate Market Trends for March 2017

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 March 2017 increased by 14.38% compared to March 2016. The average selling price decreased by 1.88% to $872,961 and the average market time increased by 28 days or 25.45 %. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

March 2017

183

$872,961

97%

138

March 2016

160

$889,681

95%

110


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in March 2017 increased by 17.84% for the month when compared to March 2016. The average selling price increased 8.35% to $443,650 and the average market time decreased 15 days or 16.48%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

March 2017

1,222

$443,650

99%

76

March 2016

1,037

$409,449

98%

91

Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in March 2017 increased 25.33% when compared to March 2016. The average selling price increased 14.76% to $615,681 and the average market time decreased by 31 days or 28.977%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

March 2017

94

$615,681

97%

76

March 2016

75

$536,490

97%

107


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 February 2017

March 24, 2017

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
Sold Price

SP:LP

Average
Market Time

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
Sold Price

SP:LP

Average
Market Time

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
Sold Price

SP:LP

Average
Market Time

Feb 2017

54

$600,826

97%

74

Feb 2016

38

$527,908

96%

113


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 – April 2016

May 23, 2016

Chicago Real Estate Market Trends for April 2016

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 April 2016 increased by 5.78% compared to April 2015. The average selling price decreased by 0.41% to $884,974 and the average market time increased by 16 days or 18.8%. Homes sold for 96% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

April 2016

183

$884,974

96%

101

April 2015

173

$888,683

97%

85


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in April 2016 increased by 12.9% for the month when compared to April 2015. The average selling price increased 2.93% to $387,286 and the average market time dropped 9 days or 11.8%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

April 2016

1,228

$387,286

99%

67

April 2015

1,087

$376,240

99%

76


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in April 2016 increased by  19.5% when compared to April 2015. The average selling price decreased 30.0% to $511,697 and the average market time decreased by 23 days or 23.2%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

April 2016

98

$511,697

97%

76

Feb 2015

82

$529,591

98%

99

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

Chicago Real Estate Market Trends – Feb 2016

March 31, 2016

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 February 2016 was the same as February 2015. The average selling price decreased by 0.27% to $799,444 and the average market time increased by 11 days or 10.6%. Homes sold for 95% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Feb 2016

109

$799,444

95%

114

Feb 2015

109

$801,618

97%

103


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in February 2016 decreased by 0.86% for the month when compared to February 2015. The average selling price increased 6.83% to $403,142 and the average market dropped 3 days or 3.0%. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Feb 2016

690

$403,142

98%

97

Feb 2015

696

$377,358

98%

100


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in February 2016 remained the same when compared to February 2015. The average selling price increased 9.39% to $550,073 and the average market time increased by 56 days or 193.3%. Homes sold for 96% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Feb 2016

55

$550,073

96%

116

Feb 2015

55

$502,852

96%

60

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

Energy Conservation Tips For Your Home This Winter

November 13, 2015

energy conservation

The crisp air has arrived as winter is approaching quickly, which means we are all going to be looking for ways to keep warm. There are ways to stay warm and cozy inside of your home that won’t cost you a mint this winter if you follow a few energy conserving tips such as the ones below.

  • Insulation can do wonders for your home this winter. You may think that your home is already properly insulated but it may be that a few areas are not insulated as well as they should be. Check for cracks in door frames, window panes and other areas where warm air may escape and cold air may be able to come inside. You may want to add some more insulation to pipes that are already insulated if the current insulation has become worn out or is thin.
  • Clean your heat filters so that your system runs as efficiently as possible. This will help to cut down on your heating bill.
  • You may not be aware that you can hire professionals to come to your home to check it for energy efficiency. This is what is known as an energy audit. The professionals check your home for energy loss and areas in which your energy efficiency can be improved. Many times this service is free of charge.
  • Don’t wait for the middle of the winter to stock up on items such as ice, shovels, blowers and the like. These items will go up in price during the winter months, so be sure to purchase them on the off season or as soon as they are available for purchase in your local store.
  • If you can stand to lower your thermostat a bit you stand to save a good deal on your electric bill. Wrap up in blankets and or snuggle with your loved ones during the coldest part of the winter. This will not only save you some money but it may also help you and your family to grow closer together and have a time of bonding.

Stay warm this winter and save on your electric bills at the same time by putting all or a few of these energy saving tips to good use. There is no reason why you can’t stay warm all the while saving a bit of cash. Who knows, you may end up with so much savings that you have extra money to spend over the Christmas holidays!

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!