Chicago Real Estate Market Update September 2020
Posted by Andreas Holder on
Market Snapshot City of Chicago September 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 data provided by the Chicago Association of Realtors.
- 2,597 properties were sold in Chicago in September 2020. This is a 29.5% increase from September 2019.
- The median sales price of all properties sold in Chicago in September was $323,250, up 10.7% from the same period last year.
- The average time on the market until contract was 65 days, a 15.6% decrease from last year.
State of the Market
- Strong buyer activity has continued onto the fall, as predicted. In past years, this…
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