Market Snapshot City of Chicago

(The city of Chicago market snapshot represents the real estate activity within the 77 officially defined Chicago community areas as provided by the Chicago Association of Realtors)

  • 2,097 properties were sold in Chicago in March 2020. This is a 1.7% increase from March 2019.
  • The median sales price in Chicago for March 2020 was $320,000, up 10.1% compared to the same period last year
  • Listings stayed on the market an average of 105 days until contract,  a 2.9% increase from March 2019

State of the Market

  • As COVID-19' impact spread across the country in March, the stock market decline that had started in February, continued downward before recovering a bit towards the end of the…

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