Blog
Q3 2018 Chicago River North Real Estate Market Update
Buyers and Sellers of Chicago River North Real Estate Paint An Interesting Picture For condominiums, co-ops, or town-homes that are located in buildings with eight or more units in Chicago River North, Q3 2018 vs Q2 2018 market statistics showed an increase in the median sold price but a drop in the number of sold... Read More
Q3 2018 Chicago Lincoln Park Real Estate Market Update
Lincoln Park Real Estate Market Accelerating Into a Market Turn For condominiums, co-ops, or town-homes that are located in buildings with eight or more units in Chicago Lincoln Park, Q3 2018 vs Q2 2018 market statistics showed decreases in the number of properties sold and sales volume but increases in both the median and average... Read More
Q3 2018 Chicago West Loop Real Estate Market Update
Ready to pounce on the Chicago West Loop Real Estate Market? For condominiums, co-ops, or town-homes that are located in buildings with eight or more units in the Chicago West Loop, Q3 2018 vs Q2 2018 market statistics show that although less properties were sold in Q3 2018, median and average home prices were up,... Read More
Chicago Streeterville Real Estate Market Insights
The big picture for the Chicago Streeterville real estate market is that it’s now likely a buyers market. The statistics below support this argument. With overall sales volatility, decreasing sales prices, increasing listing market times, sales price versus list price ratios hovering around 97%, and months supply of homes sitting at 7.4 months in September... Read More
Chicago Old Town Real Estate Market Insights
With months supply of homes hovering around 4.7 months, the Chicago Old Town real estate market is still a sellers market, which mirrors broad national trends (for more details on national real estate statistics, click this link). However, median and average sales prices are up over a year ago. Yet even with a relatively low... Read More
Chicago Lincoln Park Real Estate Market Insights
The Chicago Lincoln Park real estate market generally mirrors broad national trends of low housing inventory and relatively high buyer demand (for more details on national real estate statistics, click this link). The big picture for the Chicago Lincoln Park market is that the average price point for properties has decreased slightly from 2017 to... Read More
Chicago River North Real Estate Market Insights
Generally, the Chicago River North real estate market mirrors broad national trends of relatively high buyer demand (for more details on national real estate statistics, click this link). The big picture for the Chicago River North real estate market is average sales prices — across all districts — continue to increase, listing market times are... Read More
Chicago Gold Coast Real Estate Market Insights
Nationally we’re still seeing relatively low housing inventory and high buyer demand despite inventories slightly increasing in June and July 2018 (for more details on national real estate statistics, click this link). The Chicago Gold Coast, however, is moving towards a balanced market based on six months supply of homes in August 2018. The big... Read More
Chicago West Loop Real Estate Market Insights
The Chicago West Loop real estate scene is hot as evidenced by the market statistics we detail below**. The Chicago West Loop market generally mirrors broad national trends of low housing inventory and relatively high buyer demand (for more details on national real estate statistics, click this link). The big picture for the Chicago West... Read More
Bidding Wars On for Chicago West Loop Real Estate
The bidding war is on for Chicago West Loop real estate. Across the entire West Loop, for the most popular properties, we’re seeing, on average, listing market times of six days and sales prices 104% of listing price.** This rapid list-to-sell pace and high sales price vs listing price ratio (SP:LP) means sellers could, in... Read More