Tags

, , , , , , , , , , , , ,

SINGLE FAMILY ATTACHED REAL ESTATE TRENDS FOR THE MONTH OF JANUARY, 2012 IN DOWNTOWN CHICAGO

For detailed information about your neighborhood sign up to receive a Market Snapshot report.

Chicago South Loop Dearborn ParkNear South Side

(Area 8033: Includes Dearborn Park, Museum Park and the South Loop)

Search for condos (including townhomes) and houses in the Near South Side

Condo New Sold Avg. List Price Avg. Sale Price Avg. Market Time
Traditional 42 13 $403,062 $409,230 117
Short Sale 18 11 $240,756 $224,493 217
Bank Owned 9 7 $166,011 $235,586 108
House New Sold Avg. List Price Avg. Sale Price Avg. Market Time
Traditional 1 0 $895,000 N/A N/A
Short Sale 0 0 N/A N/A N/A
Bank Owned 0 0 N/A N/A N/A

West Loop Chicago Real Estate Market Trends

Near West Side

(Area 8028: Includes Medical Center, Pilsen, and University Village)

Search for condos (including townhomes) and houses in the Near West Side

Condo New Sold Avg. List Price Avg. Sale Price Avg. Market Time
Traditional 94 30 $341,089 $375,554 149
Short Sale 32 16 $218,348 $193,000 243
Bank Owned 9 9 $170,683 $96,389 129
House New Sold Avg. List Price Avg. Sale Price Avg. Market Time
Traditional 2 2 $168,250 $668,750 84
Short Sale 2 0 $206,950 N/A N/A
Bank Owned 0 2 N/A $245,000 27

Chicago LoopLoop

(Area 8032: Including Printer’s Row)

Search for condos in the Loop

Condo New Sold Avg. List Price Avg. Sale Price Avg. Market Time
Traditional 78 23 $675,694 $473,496 148
Short Sale 16 11 $264,200 $183,486 147
Bank Owned 2 1 $172,450 $94,900 10

Near North SideChicago Streeterville

(Area 8008: Includes Gold Coast, Goose Island, Magnificent Mile, Old Town, and Streeterville)

Search for condos (including townhomes) and houses in the Near North Side

Condo New Sold Avg. List Price Avg. Sale Price Avg. Market Time
Traditional 266 72 $662,800 $529,998 159
Short Sale 22 20 $274,163 $213,666 138
Bank Owned 11 23 $340,118 $307,211 65
House New Sold Avg. List Price Avg. Sale Price Avg. Market Time
Traditional 6 1 $1,935,333 $4,725,000 538
Short Sale 1 0 $2,485,000 N/A N/A
Bank Owned 0 0 N/A N/A N/A

For information about real estate in Chicago or resources in your area please contact us and sign up for our free market report!

Advertisements