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

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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 53 16 $411,295 $304,206 115
Short Sale 19 6 $271,563 $215,833 258
Bank Owned 11 10 $227,282 $222,205 93
House New Sold Avg. List Price Avg. Sale Price Avg. Market Time
Traditional 1 1 $925,000 $750,000 68
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 90 21 $357,914 $287,419 182
Short Sale 34 11 $174,324 $144,082 176
Bank Owned 13 21 $201,450 $159,204 192
House New Sold Avg. List Price Avg. Sale Price Avg. Market Time
Traditional 2 0 $444,000 N/A N/A
Short Sale 1 0 $150,000 N/A N/A
Bank Owned 1 1 $299,000 $85,000 99

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 132 26 $710,070 $612,607 189
Short Sale 14 9 $244,277 $157,044 146
Bank Owned 2 8 $220,050 $193,250 120

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 308 81 $671,698 $468,149 215
Short Sale 24 17 $282,388 $221,059 206
Bank Owned 15 13 $437,710 $173,231 78
House New Sold Avg. List Price Avg. Sale Price Avg. Market Time
Traditional 5 1 $3,161,000 $2,000,000 208
Short Sale 0 0 N/A N/A N/A
Bank Owned 0 0 N/A N/A N/A

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