JUNE 2018 | Chicago Real Estate Market Statistics | 2nd Quarter
Data provided by MRED
#1 Trusted Company
FEATURED COMMUNITYÂ BUCKTOWN
PAGE 4
GOLD COAST
PAGE 6
GOOSE ISLAND
PAGE 8
LAKESHORE EAST
PAGE 10
LAKEVIEW
PAGE 12
LINCOLN PARK
PAGE 14
LOOP
PAGE 16
OLD TOWN
PAGE 18
RIVER NORTH
PAGE 20
RIVER WEST
PAGE 22
ROSCOE VILLAGE
PAGE 24
SOUTH LOOP
PAGE 26
STREETERVILLE
PAGE 28
WEST LOOP
PAGE 30
WEST TOWN
PAGE 32
WICKER PARK
PAGE 34
DATA PROVIDED BY MRED
2
Bucktown
JUNE 2018 MARKET STATISTIC BUCKTOWN
14.4%
AVERAGE SALES PRICE
$681,385
AVERAGE MARKET TIME
64 DAYS
28%
HOMES FOR SALE
102 UNITS
20%
CONDOS FOR SALE
43 UNITS
34.4%
# CLOSED SALES
338 UNITS
0% CONDO CORNER
3.6
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
JUNE 2018
181
$408,537
JUNE 2017
207
$431,786
JUNE 2016
201
$421,619 4
Gold Coast
JUNE 2018 MARKET STATISTIC GOLD COAST AVERAGE SALES PRICE
$620,356
5%
AVERAGE MARKET TIME
115 DAYS
2.5%
HOMES FOR SALE
252 UNITS
4.6%
CONDOS FOR SALE
223 UNITS
5.2%
# CLOSED SALES
475 UNITS
11.4% CONDO CORNER
6.1
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
JUNE 2018
444
$527,899
JUNE 2017
509
$595,132
JUNE 2016
471
$651,768 6
Goose Island
JUNE 2018 MARKET STATISTIC GOOSE ISLAND
5.1%
AVERAGE SALES PRICE
$520,358
AVERAGE MARKET TIME
66 DAYS
15.8%
HOMES FOR SALE
47 UNITS
30.6%
CONDOS FOR SALE
40 UNITS
21.1%
# CLOSED SALES
166 UNITS
1.8% CONDO CORNER
3.5
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
JUNE 2018
120
$408,537
JUNE 2017
115
$422,806
JUNE 2016
98
$435,940 8
Lakeshore East
JUNE 2018 MARKET STATISTIC LAKESHORE EAST AVERAGE SALES PRICE
$714,401
10.7%
AVERAGE MARKET TIME
102 DAYS
20%
HOMES FOR SALE
132 UNITS
30.7%
CONDOS FOR SALE
132UNITS
30.7%
# CLOSED SALES
154 UNITS
22.6% CONDO CORNER
7.5
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
JUNE 2018
154
$714,401
JUNE 2017
199
$645,589
JUNE 2016
193
$670,721 10
Lakeview
JUNE 2018 MARKET STATISTIC LAKEVIEW AVERAGE SALES PRICE
$495,154
2.8%
AVERAGE MARKET TIME
67 DAYS
1.5%
HOMES FOR SALE
621 UNITS
2.6%
CONDOS FOR SALE
463UNITS
6.7%
# CLOSED SALES
2,249 UNITS
4.3% CONDO CORNER
3.2
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
JUNE 2018
1,866
$394,677
JUNE 2017
1,963
$383,013
JUNE 2016
1,993
$374,897 12
Lincoln Park
JUNE 2018 MARKET STATISTIC LINCOLN PARK AVERAGE SALES PRICE
5.1%
$770,714
8.2%
AVERAGE MARKET TIME
79 DAYS
HOMES FOR SALE
513 UNITS
.4%
CONDOS FOR SALE
324 UNITS
4.5%
# CLOSED SALES
1,525 UNITS
2.9% CONDO CORNER
3.9
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
JUNE 2018
1,070
$557,267
JUNE 2017
1,094
$524,875
JUNE 2016
1,079
$473,411 14
Loop
JUNE 2018 MARKET STATISTIC LOOP AVERAGE SALES PRICE
$429,428
12.1%
AVERAGE MARKET TIME
87 DAYS
20.9%
HOMES FOR SALE
129 UNITS
0.08%
CONDOS FOR SALE
121 UNITS
3.4%
# CLOSED SALES
324 UNITS
8% CONDO CORNER
4.6
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
JUNE 2018
319
$430,228
JUNE 2017
350
$487,606
JUNE 2016
353
$443,656 16
Old Town
JUNE 2018 MARKET STATISTIC OLD TOWN AVERAGE SALES PRICE
$617,469
2.4%
AVERAGE MARKET TIME
61 DAYS
4.7%
HOMES FOR SALE
190 UNITS
20.3%
CONDOS FOR SALE
136 UNITS
28.3%
# CLOSED SALES
601 UNITS
2.2% CONDO CORNER
3.3
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
JUNE 2018
459
$410,252
JUNE 2017
464
$449,009
JUNE 2016
435
$383,771 18
River North
JUNE 2018 MARKET STATISTIC RIVER NORTH AVERAGE SALES PRICE
$596,213
6.3%
AVERAGE MARKET TIME
75 DAYS
23%
HOMES FOR SALE
1381 UNITS
CONDOS FOR SALE
373 UNITS
18%
# CLOSED SALES
927 UNITS
7.9%
18.1%
CONDO CORNER
4.6
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
JUNE 2018
958
$586,547
JUNE 2017
886
$548,156
JUNE 2016
969
$514,383 20
River West
JUNE 2018 MARKET STATISTIC RIVER WEST AVERAGE SALES PRICE
$477,822
11.7%
AVERAGE MARKET TIME
48 DAYS
29.7%
HOMES FOR SALE
15 UNITS
15.4%
CONDOS FOR SALE
12 UNITS
9.1%
# CLOSED SALES
59 UNITS
7.8% CONDO CORNER
3.0
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
JUNE 2018
53
$419,645
JUNE 2018
54
$ 394,259
JUNE 2018
36
$374,728 22
Roscoe Village
JUNE 2018 MARKET STATISTIC ROSCOE VILLAGE
0.7%
AVERAGE SALES PRICE
$645,072
AVERAGE MARKET TIME
76 DAYS
16.9
HOMES FOR SALE
76 UNITS
1.3%
CONDOS FOR SALE
30 UNITS
3.4%
# CLOSED SALES
261 UNITS
13.6% CONDO CORNER
3.3
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
JUNE 2018
159
$454,984
JUNE 2017
182
$436,604
JUNE 2016
193
$405,777 22
South Loop
JUNE 2018 MARKET STATISTIC SOUTH LOOP AVERAGE SALES PRICE
$401,723
2.6%
AVERAGE MARKET TIME
66 DAYS
15.8%
HOMES FOR SALE
251 UNITS
14.1%
CONDOS FOR SALE
234 UNITS
12.5%
# CLOSED SALES
930 UNITS
7.7% CONDO CORNER
3.1
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
JUNE 2018
842
$375,338
JUNE 2017
933
$374,943
JUNE 2016
976
$364,313 26
Streeterville
JUNE 2018 MARKET STATISTIC STREETERVILLE AVERAGE SALES PRICE
$592,096
0.5%
AVERAGE MARKET TIME
112 DAYS
0%
HOMES FOR SALE
0 UNITS
0.0%
CONDOS FOR SALE
347 UNITS
16.1%
# CLOSED SALES
641 UNITS
4.6% CONDO CORNER
6.5
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
JUNE 2018
629
$581,124
JUNE 2017
668
$586,166
JUNE 2016
618
$577,318 28
West Loop
JUNE 2018 MARKET STATISTIC WEST LOOP
15.1%
AVERAGE SALES PRICE
$551,803
AVERAGE MARKET TIME
46 DAYS
15%
HOMES FOR SALE
193 UNITS
8.4%
CONDOS FOR SALE
175 UNITS
10.1%
# CLOSED SALES
919 UNITS
3.3% CONDO CORNER
2.5
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
JUNE 2018
867
$532,390
JUNE 2017
848
$454,659
879
$443,880
JUNE 2016
30
Wicker Park
JUNE 2018 MARKET STATISTIC WICKER PARK AVERAGE SALES PRICE
$623,676
1.7%
AVERAGE MARKET TIME
58 DAYS
23.4
HOMES FOR SALE
127 UNITS
5.8%
CONDOS FOR SALE
74 UNITS
21.3%
# CLOSED SALES
521 UNITS
5.3% CONDO CORNER
2.9
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
JUNE 2018
373
$499,970
JUNE 2017
399
$479,359
JUNE 2016
359
$463,695 30
West Town
JUNE 2018MARKET STATISTIC WEST TOWN
$567,231
5.8%
AVERAGE MARKET TIME
59 DAYS
15.7%
HOMES FOR SALE
89 UNITS
8.5%
CONDOS FOR SALE
322 UNITS
18.4%
# CLOSED SALES
2,031 UNITS
1.0%
AVERAGE SALES PRICE
CONDO CORNER
3.2
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
JUNE 2018
1,503
$479,971
JUNE 2017
1,522
$451,056
JUNE 2016
1,457
$434,111 34
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This data was provided by Midwest Real Estate Data, LLC and includes properties listed and sold by various participants in the MLS. Data supplied by MLS does not reflect all market activity in the area.