Posts Tagged ‘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!

 

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 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 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 September 2017

October 25, 2017

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 September 2017 decreased by 10.34% compared to September 2016. The average selling price increased by 12.05% to $966,563 and the average market time increased by 29 days or 35.37%. Homes sold for 96% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Sept 2017

130

$966,563

96%

111

Sept 2016

145

$862,638

97%

82


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in September 2017 decreased by 5.72% for the month when compared to September 2016. The average selling price increased 2.81% to $454,901 and the average market time dropped by 14 days or 21.21%. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Sept 2017

1,054

$454,901

98%

52

Sept 2016

1,118

$442,452

98%

66


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in September 2017 dropped 14.29% when compared to September 2016. The average selling price increased 9.42% to $567,122 and the average market time decreased by 27 days or 33.33%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Sept 2017

78

$620,526

97%

54

Sept 2016

91

$567,122

97%

81


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 – November 2015

December 23, 2015

Chicago Real Estate Market Trends – November 2015

chicago real estate

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 November 2015 remained the same compared to November 2014. The average selling price decreased by 3.0% to $742,219 and the average market time decreased by 13 days or 15.8%. Homes sold for 96% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Nov 2015

127

$742,219

96%

69

Nov 2014

127

$765,797

96%

82


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in November 2015 increased by 1.89% for the month when compared to November 2014. The average selling price decreased 3.62% to $397,166 and the average market dropped 6 days or 7.5%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Nov 2015

753

$397,166

97%

74

Nov 2014

739

$412,088

98%

80


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in November 2015 increased by 9.80% for the month when compared to November 2014. The average selling price increased 4.10% to $526,023 and the average market time increased by 2 days or 2.73%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Nov 2015

100

$526,023

97%

75

Nov 2014

91

$505,293

97%

73

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 – Sept 2015

October 21, 2015

Chicago Real Estate Market Trends – Sept 2015

growth

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 September 2015 increased 5.85% for the month compared to September 2014. The average selling price increased by 4.36% to $892,311 and the average market time increased by 28 days or 5.00%. Homes sold for 96% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Sept 2015

199

$892,311

96%

84

Sept 2014

188

$854,987

97%

56


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in September 2015 increased by 1.69% for the month when compared to September 2014. The average selling price increased 5.72% to $414,630 and the average market time decreased by 3 days or 4.47%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Sept 2015

1,142

$414,630

97%

64

Sept 2014

1,123

$392,192

98%

67


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in September 2015 decreased by 15.7% for the month when compared to September 2014. The average selling price decreased 5.66% to $479,033 and the average market time decreased by 12 days or 14.1%. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Sept 2015

107

$479,033

98%

73

Sept 2014

127

$507,789

96%

85

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 – July 2015

August 28, 2015

Take a look at July’s real estate sales statistics.

Chicago Real Estate Market Trends – July 2015

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 July 2015 increased 11.4% for the month compared to July 2014. The average selling price increased by 10.i% to $897,698 and the average market time increased by 11 days. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

July 2015

253

$897,698

97%

63

July 2014

227

$815,185

97%

52


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in July 2015 increased by 13.8% for the month when compared to July 2014. The average selling price increased 0.8% to $407,141 and the average market time increased by 8 days. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

July 2015

1,559

$407,141

98%

62

July 2014

1,369

$403,839

98%

54


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in July 2015 increased by 3.5% from July 2014. The average selling price increased 18.1% from July 2014 prices, and the average market time increased by 12 days. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

July 2015

117

$573,160

97%

60

July 2014

113

$485,108

99%

42

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 – June 2015

July 30, 2015

Take a look at June’s real estate sales statistics.

Chicago Real Estate Market Trends – June 2015

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 June 2015 increased 9.1% for the month compared to June 2014. The average selling price decreased by 3.0% to $812,104 and the average market time decreased by 3 days. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

June 2015

263

$812,104

98%

64

June 2014

241

$837,920

97%

67


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in June 2015 increased by 14.7% for the month when compared to June 2014. The average selling price increased 2.9% to $417,239 and the average market time decreased by 2 days. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

June 2015

1,785

$417,239

99%

57

June 2014

1,555

$405,144

98%

59


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in June 2015 increased by 20.7% from June 2014. The average selling price increased 6.1% from June 2014 prices, and the average market time increased by 2 days. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

June 2015

134

$549,487

98%

59

June 2014

111

$517,782

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

Chicago Real Estate Market Snapshot – Dec 2014

February 6, 2015

Chicago Real Estate Market Snapshot for Dec 2014

  • chicago real estateIn December 2014, 7,971 homes sold in the Chicago PMSA. This marked a 3.7 percent decrease from December 2013 sales of 8,278 homes.
  • The median price in December 2014 was $184,000, up 4.2 percent from $176,500 in December 2013.
  • Listings in December averaged 66 days until sale, a slight increase from 65 days in December 2013.
  • Chicago saw a 6.8 percent decrease in year-over-year home sales in December 2014 with 1,992 sales, down from 2,137 in December 2013.
  • The median price forecast still indicates steady annual increases in median prices for January, February and March compared to a year ago. In the Chicago PMSA, the forecast is 5.3 percent in January, 8.2 percent in February and 5.8 percent in March. The sales forecast for January, February and March 2015 suggests positive year-over-year growth and milder monthly downtrends. In the Chicago PMSA, the change will range from 8.8 percent to 11.5 percent.
  • In December for the Chicago PMSA, the percentage of foreclosed sales (e.g. REOs) among the total sales was 20.6 percent, higher than the 19.2 percent last month. A total of 6,214 regular sales were made, up 11.3 percent from last month.

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!