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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Market Snapshot City of Chicago August 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

  • 2,840 properties were sold in Chicago in August. This is a 9.2% increase from August 2019
  • The median sales price of all properties sold in the city in August was $335,000, an increase of 15.9% from August 2019
  • The average time on market was 70 days, a 1.4% increase from August 2019

State of the Market

  • The housing and stock markets continue to be the leaders in the economy. In August, showings and pending sales were at high levels, while inventory remained limited in many parts of Chicago and…

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