Real Estate In Chicago is a balanced market favoring buyers. There is significant amount of homes for sale in Chicago, and buyers are not in a rush to buy yet. There is a 6.17 months supply of inventory on the market in Chicago on April 30, 2019.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Chicago last month was 55 days. It took on average 49 days to sell Chicago Condo, Townhouse or a Duplex.
The number of home sales in Chicago from March 1, 2019 through March 31, 2019 was 1794 units. That is 1% above the number of homes sold last month in Chicago.
The average price per square foot in the area is now $206/Sq.Ft, which is 0% an increase from last month.


In Chicago there were 500 units sold in March in the price range between $8,000 – $194,628 with an average of 2.7 bedrooms and 1.4 bathrooms and average Square footage of 1,298SF.

In Chicago there were 1293 units sold in March in the price range between $194,629 – $5,827,824 with an average of 2.7 bedrooms and 2 bathrooms and average Square footage of 1,803SF.

In Chicago there were 1 units sold in March in the price range between $5,827,825 – $11,274,395 with an average of 4 bedrooms and 4.1 bathrooms and average Square footage of 7,085SF.

The low price range had the most activity. Homes up to $194,628 were on the market on average 64 days and sold an average of $120,522.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Chicago. Search all Chicago homes for Sale on propertyup.com If you are considering viewing Chicago, you may want to do so now!

Chicago
Feb 1, 2019 – Feb 28, 2019
Mar 1, 2019 – Mar 31, 2019
Month
February
March
Average Listing Price
$339,000
$542,708
Median Sales Price
Any
$381,255
Month supply of inventory
12
6.2
Market Time Detached
0 days
55 days
Market Time Attached
0 days
49 days
Inventory
1 properties
16984 properties
Low price range
Any – Any
$8,000 – $194,628
Low price range market time
0 days
64 days
Low price range units sold
0
500
Low price range bedrooms
0
2.7
Low price range bathrooms
0
1.4
Low price range approx sqft
0 SF
1,298 SF
Mid price range
$1 – $-1
$194,629 – $5,827,824
Mid price range market time
0 days
47 days
Mid price range units sold
0
1293
Mid price range bedrooms
0
2.7
Mid price range bathrooms
0
2
Mid price range approx sqft
0 SF
1,803 SF
High price range
Any – Any
$5,827,825 – $11,274,395
High price range market time
0 days
1 days
High price range units sold
0
1
High price range bedrooms
0
4
High price range bathrooms
0
4.1
High price range approxsqft
0 SF
7,085 SF