How did the Chicago real estate market do in July 2021? 

 


Market Snapshot - City of Chicago July 2021

(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)

  • 3,300 residential properties were sold in Chicago in July. This is an 18.2% increase from July 2020
  • The median sales price of all properties sold was $345,000, an increase of 5.3% over the same period last year
  • New listings stayed on the market for an average of 53 days from list to contract, a 15.9% decrease from July 2020

State of the market

  • Market activity continued to be strong in the city, with increases in both the…

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