Market Snapshot - City of Chicago July 2020
The City of Chicago Market Snapshot represents the residential real estate activity within the 77 officially defined Chicago community areas as provided by the Chicago Association of REALTORS. All figures as reported by the Chicago Association of REALTORS.
- 2,764 residential properties were sold in Chicago in July 2020. This is a 2.1% increase from July 2019
- The median sales price of all properties sold was $329,500, an increase of 7.3% over July 2019
- Listings stayed on the market an average of 69 days, an increase of 4.5% from the same time last year.
State Of The Market
- Strong buyer demand and constrained supply seem to define the markets for much of the country.…
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