Market Conditions

Aug. 26, 2013

Streeterville Market Conditions August 2013

Streeterville Condo Market Conditions Report

Analysis: There are currently 289 Condos for sale in the Chicago neighborhood of Streeterville and there are 155 additional units that have accepted sales contracts.  The ratio of homes under contract to those that are available is 54% which I consider a very healthy market ...

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Aug. 9, 2013

Oak Park Real Estate Market Conditions

Good News for Oak Park Real Estate Market!

Analysis: There are currently 119 single family homes on the market in Oak Park, IL and 105 homes that have accepted contracts.  There is an 88% ratio of homes that are active (for sale) to those that are under contract (have accepted ...

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Jan. 19, 2012

Chicago Homes - Market Update

The average list price of Chicago homes for sale is currently strongest at the high end (homes priced above $394,000) and weakest at the low end.  The low end homes are most affected by foreclosures and average list prices have dropped 4.1% over the last year.

Chicago homes trends

Over the ...

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Dec. 14, 2011

Oak Park Real Estate

I just posted a Oak Park Real Estate Trends report to our Chicago Real Estate Scene blog.  It has cool graphs of median sales prices, average price per square foot, inventory and sales absorption.

It is for single family homes only but I am sure I will get to condos ...

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Dec. 8, 2011

Bucktown Single Family Homes

The Bucktown Real Estate Market

This data was compiled from Chicago MLS listings from the past 12 months.

Bucktown Homes

Homes in Bucktown

Bucktown Real Estate

As you can see from this data there is around a years worth of inventory in Bucktown with 97 homes sold in the last 12 months and 48 currently active on the ...

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Dec. 6, 2011

Bucktown Homes For Sale Market Report

Market Statistics for Bucktown, Chicago for December 5, 2011

      Total Listings  

Average

List Price

  Average

Market Time
  Sold   97   $884,354   175 days
  Active   46   $1,192,547   287 days
  Under Contract   12   $899,733   249 days

 

      Max   Average   Median   Min
  List Price   $4,400,000   $977,009   $789,000 ...
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Dec. 3, 2011

Gold Coast Real Estate

Gold Coast Real Estate Market Update for 2 bedroom Condos

LP - List Price
MT - Market Time
SP - Sold Price
Total                                     Average LP        Average MT
Sold-131                               $446,238                  221 days
Active-125                          $642,671                  296 days
Under Contract-21           $453,623                  330 days

---------------------Max                  Average          Median           Min

LP (277)       $2,850,000      $535 ...

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Nov. 20, 2011

Chicago Real Estate Market Update

If you look at the city overall things are not bright. That being said real estate is hyper local and what is happening in one area, in one price range is quite different from another.

Here is a snapshot of how the Chicago Real Estate Market is preforming as a ...

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Aug. 2, 2011

Listing on MLS for Flat Fee to Compete with Foreclosures

Many home sellers are trying to figure out how they can compete with all the distressed properties on the market. According to the latest report by RealtyTrac the problem will only be worse in 2012 as they estimate that over 1 million foreclosures notices that should be filed this year ...

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Oct. 25, 2010

Chicago Condo Market Update

Here is the latest data on the Chicago Condo Market per Rich Cox of ChicagoCondos online.  His site details the latest information on Chicago Condo Buidings.

In the first nine months of this year, city condo dollar volume has increased 14% compared to 2009. But volume in September was down ...

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