Fri Oct 30 2020
This week the median list price for Chicago, IL 60605 is $385,000 with the market action index hovering around 29. This is less than last month's market action index of 31. Inventory has held steady at or around 468.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$385,000|
|Per Square Foot||$318|
|Days on Market||125|
|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|
|$939,000||2,105||0 - 4,500 sqft||3||3||15||5||5||226|
|$465,000||1,386||0 - 4,500 sqft||2||2||17||10||7||85|
|$329,900||1,160||0.25 - 0.5 acre||2||2||17||10||9||97|
|$235,000||900||0.25 - 0.5 acre||1||1||99||10||14||89|