November 2017 | Chicago Market Statistics | 4th Quarter
Data provided by MRED
#1 Trusted Company
FEATURED COMMUNITYÂ BUCKTOWN
PAGE 4
GOLD COAST
PAGE 6
GOOSE ISLAND
PAGE 8
LAKE SHORE EAST
PAGE 10
LAKEVIEW
PAGE 12
LINCOLN PARK
PAGE 14
OLD TOWN
PAGE 16
RIVER NORTH
PAGE 18
RIVER WEST
PAGE 20
ROSCOE VILLAGE
PAGE 22
SOUTH LOOP
PAGE 24
STREETERVILLE
PAGE 26
THE LOOP
PAGE 28
WICKER PARK
PAGE 30
WEST LOOP
PAGE 32
WEST TOWN
PAGE 34
DATA PROVIDED BY MRED
2
Bucktown
OCTOBER 2017 MARKET STATISTIC BUCKTOWN AVERAGE SALES PRICE
$585,622
4.9%
AVERAGE MARKET TIME
50 DAYS
2.0%
HOMES FOR SALE
32 UNITS
45.5%
CONDOS FOR SALE
36 UNITS
28.6%
# CLOSED SALES
288 UNITS
4.6% CONDO CORNER
2.8
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
Oct 2017
195
$461,296
Oct 2016
197
$431,786
Oct 2015
187
$421,619 4
Gold Coast
OCTOBER 2017 MARKET STATISTIC GOLD COAST AVERAGE SALES PRICE
$632,148
10.8%
AVERAGE MARKET TIME
105 DAYS
1.9%
HOMES FOR SALE
28 UNITS
16.7%
CONDOS FOR SALE
214 UNITS
1.4%
# CLOSED SALES
513 UNITS
3.0% CONDO CORNER
5.6
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
Oct 2017
491
$562,103
Oct 2016
473
$655,914
Oct 2015
466
$514,794 6
Goose Island
OCTOBER 2017 MARKET STATISTIC GOOSE ISLAND AVERAGE SALES PRICE
$480,745
4.1%
AVERAGE MARKET TIME
55 DAYS
0.0%
HOMES FOR SALE
1 UNITS
0.0%
CONDOS FOR SALE
34 UNITS
13.3%
# CLOSED SALES
169 UNITS
29.0% CONDO CORNER
2.7
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
Oct 2017
124
$425,582
Oct 2016
95
$412,365
Oct 2015
115
$428,288 8
Lake Shore East
OCTOBER 2017 MARKET STATISTIC LAKE SHORE EAST AVERAGE SALES PRICE
$700,303
13.5%
AVERAGE MARKET TIME
81 DAYS
2.5%
HOMES FOR SALE
0 UNITS
CONDOS FOR SALE
111 UNITS
38.8%
# CLOSED SALES
184 UNITS
5.2% CONDO CORNER
5.2
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
Oct 2017
184
$700,303
Oct 2016
194
$616,934
Oct 2015
192
$733,163 10
Lakeview
OCTOBER 2017 MARKET STATISTIC LAKEVIEW AVERAGE SALES PRICE
$472,133
4.0%
AVERAGE MARKET TIME
60 DAYS
7.7%
HOMES FOR SALE
94 UNITS
3.3%
CONDOS FOR SALE
432 UNITS
6.1%
# CLOSED SALES
2,229 UNITS
2.5%
CONDO CORNER
2.9
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
Oct 2017
1,950
$391,067
Oct 2016
1,919
$376,216
Oct 2015
1,930
$357,220 12
Lincoln Park
OCTOBER 2017 MARKET STATISTIC LINCOLN PARK AVERAGE SALES PRICE
$728,988
2.4%
AVERAGE MARKET TIME
75 DAYS
8.7%
HOMES FOR SALE
149 UNITS
20.2%
CONDOS FOR SALE
304 UNITS
4.1%
# CLOSED SALES
1,498 UNITS
1.6%
CONDO CORNER
3.6
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
Oct 2017
1,093
$539,023
Oct 2016
1,054
$485,968
Oct 2015
1,061
$476,127 14
Old Town
OCTOBER 2017 MARKET STATISTIC OLD TOWN AVERAGE SALES PRICE
$602,973
4.0%
AVERAGE MARKET TIME
56 DAYS
17.6%
HOMES FOR SALE
40 UNITS
37.9%
CONDOS FOR SALE
109 UNITS
0.0%
# CLOSED SALES
566 UNITS
4.4% CONDO CORNER
3.3
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
Oct 2017
460
$438,377
Oct 2016
427
$406,228
Oct 2015
407
$370,115 16
River North
OCTOBER 2017 MARKET STATISTIC RIVER NORTH AVERAGE SALES PRICE
$566,743
8.0%
AVERAGE MARKET TIME
61 DAYS
14.1%
HOMES FOR SALE
1 UNITS
50.0%
CONDOS FOR SALE
344 UNITS
31.3%
# CLOSED SALES
940 UNITS
2.3% CONDO CORNER
4.4
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
Oct 2017
931
$559,406
Oct 2016
904
$514,117
Oct 2015
901
$564,024 18
River West
OCTOBER 2017 MARKET STATISTIC RIVER WEST AVERAGE SALES PRICE
$419,845
0.5%
AVERAGE MARKET TIME
39 DAYS
8.3%
HOMES FOR SALE
0 UNITS
0.0%
CONDOS FOR SALE
10 UNITS
25.0%
# CLOSED SALES
61 UNITS
15.1% CONDO CORNER
1.8
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
Oct 2017
55
$400,100
Oct 2016
44
$382,471
Oct 2015
45
$345,921 20
Roscoe Village
OCTOBER 2017 MARKET STATISTIC ROSCOE VILLAGE AVERAGE SALES PRICE
$633,807
2.1%
AVERAGE MARKET TIME
72 DAYS
41.2
HOMES FOR SALE
33 UNITS
0.0%
CONDOS FOR SALE
28 UNITS
6.7%
# CLOSED SALES
241 UNITS
10.4% CONDO CORNER
2.8
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
Oct 2017
166
$424,249
Oct 2016
195
$419,487
Oct 2015
165
$399,985 22
South Loop
OCTOBER 2017 MARKET STATISTIC SOUTH LOOP
5.8%
AVERAGE SALES PRICE
$400,007
AVERAGE MARKET TIME
57 DAYS
20.8%
HOMES FOR SALE
1 UNITS
0.0%
CONDOS FOR SALE
215 UNITS
0.5%
# CLOSED SALES
989 UNITS
3.8% CONDO CORNER
2.6
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
Oct 2017
903
$379,875
Oct 2016
966
$366,252
Oct 2015
896
$375,739 24
Streeterville
OCTOBER 2017 MARKET STATISTIC STREETERVILLE AVERAGE SALES PRICE
$552,564
5.8%
AVERAGE MARKET TIME
98 DAYS
12.5%
HOMES FOR SALE
0 UNITS
0.0%
CONDOS FOR SALE
306 UNITS
4.4%
# CLOSED SALES
630 UNITS
1.6% CONDO CORNER
5.6
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
Oct 2017
625
$549,282
Oct 2016
634
$579,593
Oct 2015
638
$591,030 26
The Loop
OCTOBER 2017 MARKET STATISTIC THE LOOP AVERAGE SALES PRICE
$465,705
1.0%
AVERAGE MARKET TIME
86 DAYS
10.4%
HOMES FOR SALE
0 UNITS
0.0%
CONDOS FOR SALE
118 UNITS
15.7%
# CLOSED SALES
346 UNITS
1.2% CONDO CORNER
4.1
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
Oct 2017
345
$465,605
Oct 2016
338
$451,232
Oct 2015
326
$500,395 28
Wicker Park
OCTOBER 2017 MARKET STATISTIC WICKER PARK AVERAGE SALES PRICE
$608,807
6.0%
AVERAGE MARKET TIME
45 DAYS
4.3
HOMES FOR SALE
31 UNITS
6.9%
CONDOS FOR SALE
56 UNITS
8.2%
# CLOSED SALES
486 UNITS
13.6% CONDO CORNER
2.3
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
Oct 2017
375
$481,842
Oct 2016
347
$466,253
Oct 2015
408
$468,432 30
West Loop
OCTOBER 2017 MARKET STATISTIC WEST LOOP AVERAGE SALES PRICE
$488,327
7.6%
AVERAGE MARKET TIME
38 DAYS
18.8%
HOMES FOR SALE
2 UNITS
0.0%
CONDOS FOR SALE
159 UNITS
25.2%
# CLOSED SALES
887 UNITS
2.8% CONDO CORNER
2.0
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
Oct 2017
858
$468,964
Oct 2016
824
$435,111
Oct 2015
907
$412,123 32
West Town
OCTOBER 2017 MARKET STATISTIC WEST TOWN AVERAGE SALES PRICE
$534,936
5.7%
AVERAGE MARKET TIME
48 DAYS
0.0%
HOMES FOR SALE
89 UNITS
8.5%
CONDOS FOR SALE
290 UNITS
14.4%
# CLOSED SALES
1,830 UNITS
5.5%
CONDO CORNER
2.5
MONTH OF INVENTORY Amount of time to sell off current inventory
# OF SALES
AVERAGE PRICE
Oct 2017
1,509
$459,940
Oct 2016
1,439
$439,196
Oct 2015
1,452
$420,401 34
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