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October Chicago Market Snapshot

Posted by Admin Mode on Monday, November 27th, 2017 at 3:20pm.

MARKET SNAPSHOT – CITY OF CHICAGO

*The City of Chicago Market Snapshot represents the residential real estate activity within the 77 officially defined Chicago community areas as provided by the Chicago Association of REALTORS®.

  • In October 2017, 2,084 homes sold in the City of Chicago. This is a 1.9 percent increase from October 2016.
  • The median sales price in the City of Chicago for October 2017 was $262,500, a 0.9 percent increase from this time last year.
  • The City of Chicago saw listings average 74 days on the market until contract, a 1.3 percent decrease from 75 days in October 2016.
  • Check out the October 2017 FastStats.

Information in this article has been provided by Chicago Association of REALTORS®

 

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