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SINGLE FAMILY & ATTACHED REAL ESTATE TRENDS FOR THE MONTH OF MARCH, 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 60 18 $407,085 $422,833 115
Short Sale 15 14 $241,947 $215,870 173
Bank Owned 8 14 $235,463 $185,511 224
House New Sold Avg. List Price Avg. Sale Price Avg. Market Time
Traditional 1 1 $1,595,000 $885,000 186
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 44 $378,315 $337,218 156
Short Sale 25 12 $187,327 $158,083 215
Bank Owned 16 15 $166,964 $178,889 150
House New Sold Avg. List Price Avg. Sale Price Avg. Market Time
Traditional 5 1 $757,200 $1,050,000 82
Short Sale 1 0 $115,900 N/A N/A
Bank Owned 0 0 N/A N/A N/A

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 124 37 $484,898 $486,447 175
Short Sale 8 8 $212,250 $259,250 245
Bank Owned 5 7 $233,840 $153,843 114

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 337 147 $675,972 $553,748 191
Short Sale 17 21 $292,894 $217,181 204
Bank Owned 17 16 $304,165 $225,913 78
House New Sold Avg. List Price Avg. Sale Price Avg. Market Time
Traditional 10 0 $2,346,370 N/A N/A
Short Sale 0 0 N/A N/A N/A
Bank Owned 0 0 N/A N/A N/A

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