Posts Tagged ‘chicago real estate market trends’

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!

 

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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!

 

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