The median condominium price in CHICAGO this week is $275,000. The 12479 condos have been on the for an average of 285 days. 315 properties have been absorbed This Week.

THIS WEEK

Most Expensive Listing   $ 14,000,000

Median List Price    $ 384,435

Least Expensive Listing   $10,900

Asking Price per Square Foot $ 248

Total Inventory   12479

Average Days on Market 285

Asking Price per Square Foot $ 248

Percent of Properties with Price Reductions 36 %

Percent Relisted (reset DOM) 11 %

Percent Flip (price increased) 2 %

Median Size (sq ft)  1,187

Median Number of Bedrooms  2

Median Number of Bathrooms   2

How’s The Market?  COLD – BUYER’s Market!

* “Absorbed” covers properties sold and those taken off the market for other reasons. Since sales sometimes take months to close, it is impossible to discern in real-time exactly which properties sold.