One Word Sums The Chicago Real Estate Market in September 2019…
Chaos
Our analysis reveals completely different results in a variety of Chicago neighborhoods, even those right next to each other. In Lakeview, the number of sales and median prices are down in double digits compared to September 2018 and the year 2018 (year-to-date). Right next door in Lincoln Park, number of sales are way up for single family homes and flat for condos, with median prices pretty flat compared to 2018.
We looked at areas all around the city and the results are all over the place. If you are thinking of selling or just want to know the value of your home, give us a call so we can do a deep dive on your area. One stat is consistent across the board, which could mean trouble ahead: market times are way up in most areas!
Learn more details by downloading our free market report