Tue May 26 2020
This week the median list price for Chicago, IL 60654 is $3,194,500 with the market action index hovering around 24. This is an increase over last month's market action index of 19. Inventory has held steady at or around 2.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$3,194,500|
|Per Square Foot||$399|
|Days on Market||371|
|Slight Buyer's Advantage|
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$3,194,500||7,884||0 - 4,500 sqft||5||6||14||0||0||371|
|$3,900,000||8,768||0 - 4,500 sqft||5||7||16||0||0||644|
|$2,489,000||7,000||0 - 4,500 sqft||5||5||13||0||0||98|