WHAT’S HAPPENING IN THE CHICAGO REAL ESTATE MARKET

Real Estate Market Update
Real Estate Market Update
Neighborhood: River North
Zip: 60654
Type: Condo
Price range: $500,000 – $700,000
Average List Price: $586,279
Inventory: 32
Average Sale Price: $569,585
Days on Market: 19 days (selling quick!)
Price per Square Foot: $402.00
List to Sale Price Ratio: 101.4%

This video was recorded on June 10, 2022.

Luxury Real Estate Market Update
Neighborhood: Lincoln Park
Zip: 60614
Type: Condos/Townhomes
Price range: $750,000 – $950,000
Active listings: 10
Active average sale price: $854,000
Active listings square foot price: $572
Average sold price: $803,000
Average sold square foot price: $507
Average sold list to sale ratio: 98.9%
Average sold days on market: 14

This video was recorded on March 5, 2022.

Real Estate Market Update
Zip: 60611
Condos
Median List Price: $525,000
Median Rental Price: $2,544
Per Square Foot: $391.00
Average Days on Market: 188
Inventory: 778
Inventory continues to grow relative to demand. We will see downward pressure on pricing.

This video was recorded on September 25, 2021.

Hello everyone, Hunter here with an update on my new role!

I have 13 years of real estate experience representing buyers and sellers, and recently took a new position with Baird & Warner’s Lincoln Park office in Chicago.
With over $130 Million individual sales, I’ve been a Chicago Association of Realtors Top Producer for 9 years in a row.

If you, your family, friends, or colleagues are thinking of buying or selling, I am standing by to help!

This video was recorded on August 11, 2021.

Luxury Real Estate Market Update
Neighborhood: Streeterville
Zip Code: 60611
Type: Condos
Price Range: $3,000,000 – $5,000,000
Average List Price: $3,787,857
Average Sale Price: $3,750,000
Total Properties: 35 in inventory
Market Time: 53 days
Sold Price per Square Foot YTD: $973.00
List to Sale Price Ratio: 96.6%

This video was recorded on June 16, 2021.

Luxury Real Estate Market Update
Neighborhood: Lincoln Square
Zip: 60640 & 60625
Type: Single Family Homes
Price: $700k-$1,000,000
Ave. List Price: $865,400
Ave. Sale Price: $820,855
Inventory: 5 homes
MKT: 31 days
Sale to List Price Ratio: 98.9%

This video was recorded on May 17, 2021.

Real Estate Market Update
Neighborhood: Lakeview
Zip: 60613
Type: Condo
Price: $400k-$500k
Ave. List Price: $449,431
Ave. Sale Price: $438,788
Inventory: 14 condos
MKT: 44 days (YTD)
Sale to List Price Ratio: 97.2%

This video was recorded on March 31, 2021.

Luxury Real Estate Market Update
Neighborhood: Loop
Zip: 60611
Type: Condo
Price range: $1M-$2M
Average List Price: $1,456,252
Average Sale Price: $1,378,125
Inventory: 129 units
Average Market Time: 328 days
Supply Of Inventory: 32 months
List to Sale Price Ratio: 94.7%

This video was recorded on February 3, 2021.

Luxury Real Estate Market Update – $45M Home!
Neighborhood: Lincoln Park, Chicago
Zip Code: 60614
Price Range: $1M-$2M
Kind of Property: Single Family Homes
Average List Price YTD: $1,561,006
Average Sale Price YTD: $1,468,102
Inventory: 47
Average Days on Market: 39
Sold Price per Square Foot YTD: $372
List to Sale Price Ratio YTD: 95.2%

This video was recorded on December 1, 2020.

Real Estate Market Update
Neighborhood: Lakeview, Chicago
Zip Code: 60657
Price Range: $200,000-$300,000
Kind of Property: Condos
Average List Price YTD: $253,930
Average Sale Price YTD: $251,003
Inventory: 132
Average Days on Market YTD: 36 days
List to Sale Price Ratio YTD: 97%

The data points to a buyer’s market!

This video was recorded on October 19, 2020.

Luxury Real Estate Market Update
Neighborhood: Lakeshore East / New East Side, Chicago
Zip Code: 60601
Price Range: $1M-$1.3M
Kind of Property: Condo/Townhome
Average List Price YTD: $1,228,092
Average Sale Price YTD: $1,097,000
Inventory: 16
Sold Price per Square Foot YTD: $552
List to Sale Price Ratio YTD: 94.7%

This video was recorded on October 2, 2020.

Real Estate Market Update
Neighborhood: Fulton / West Loop, Chicago
Zip Code: 60661
Price Range: $500,000-$600,000
Kind of Property: Condos
Average List Price YTD: $569,350
Average Sale Price YTD: $581,833
Inventory: 8
Average Days on Market YTD: 44 days
List to Sale Price Ratio YTD: 98.8%

The data points to a sellers market!

This video was recorded on August 4, 2020.

Luxury Real Estate Market Update
Neighborhood: Lincoln Park, Chicago
Zip Code: 60614
Price Range: $1M-$3M
Kind of Property: Single Family Homes
Average List Price YTD: $2,023,809
Average Sale Price YTD: $1,594,133
Inventory: 79
Average Days on Market YTD: 45 Days
Sold Price per Square Foot YTD: $392
List to Sale Price Ratio YTD: 94.5%

The data points to a buyers market!

This video was recorded on July 14, 2020.

Real Estate Market Update
Neighborhood: South Loop, Chicago
Zip Code: 60605
Price Range: $500,000-$600,000
Kind of Property: Condos
Average List Price YTD: $539,900
Average Sale Price YTD: $547,706
Inventory: 21
Average Days on Market YTD: 58 days
Sold Price per Square Foot YTD: $365
Month’s Supply of Inventory: 2.5
List to Sale Price Ratio YTD: 99.5%

This video was recorded on June 15, 2020.

Real Estate Market Update
Neighborhood: Magnificent Mile, Chicago
Zip Code: 60611
Price Range: $500,000-$600,000
Kind of Property: Condo
Average List Price YTD: $553,677
Inventory: 56 condos
Average Days on Market YTD: 52 days
Sold Price per Square Foot YTD: $433
Supply of Inventory YTD: 38.3 months
List to Sale Price Ratio YTD: 97.6%

This video was recorded on March 22, 2020.

Real Estate Market Update
Neighborhood: Magnificent Mile, Chicago
Zip Code: 60611
Price Range: $500,000-$600,000
Kind of Property: Condo
Average List Price YTD: $553,677
Inventory: 56 condos
Average Days on Market YTD: 52 days
Sold Price per Square Foot YTD: $433
Supply of Inventory YTD: 38.3 months
List to Sale Price Ratio YTD: 97.6%

This video was recorded on March 22, 2020.

Luxury Real Estate Market Update
Neighborhood: Magnificent Mile, Chicago
Zip Code: 60611
Price Range: $1,000,000-$2,000,000
Kind of Property: Condo
Average List Price YTD: $1,483,819
Inventory: 119
Average Days on Market YTD: 71
Sold Price per Square Foot YTD: $607
Supply of Inventory: 14.5 Months
List to Sale Price Ratio YTD: 93.0%

This video was recorded on January 20, 2020.