Nearly across-the-board inventory remains low and while average market times have increased the prices have remained stable. River North, West Loop/Fulton Market, and the Gold Coast are still feeling some downward pressure on prices, but market times are coming down. The bottom line, the Chicago market remains strong and there are still values to be found.
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The September Chicago Real Estate Market Update includes sales of Single Family Homes and Condominiums from April in Lincoln Park, Lakeview, Bucktown/Wicker Park, Logan Square, Gold Coast, Old Town, River North, and West Town.
This Chicago Market Update offers insight on trends, but every home is unique. If you are looking for a detailed look at your home’s value, we’re here for you.