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Chicago Real Estate Overview

Today, November 9, 2009

Market View for Chicago

Info
Avg. Listing Price $439,273 Wk ending Nov 04
+$67
+0.0%
w-o-w
Median Sales Price $250,000 Aug '09 - Oct '09
-$62,000
-19.9%
y-o-y
18,601Homes For Sale 622Open Homes
13,472Recently Sold 14,322Foreclosures

Market Trends for Chicago

Embed Info
Listing price – Chicago
Average Listing Price
$439,273
+0%
w-o-w
Median Sales Price
$250,000
-19.9%
y-o-y
Average price/sqft
$149
-26.6%
y-o-y
Number of Sales
6,856
-16.5%
y-o-y
More Chicago Market Trends
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Home Prices for Chicago

Info
google map tile
Most popular
neighborhoods
Avg. listing price
Week ending Nov 4
 
w-o-w

Near North Side
$804,975
-0.8%
Lincoln Park
$850,790
-3.7%
DePaul
$805,082
-2.8%
Wicker Park
$568,075
-0.1%
Bucktown
$548,889
-1.3%
 
Movers & Shakers
Avg. listing price
Week ending Nov 4
 
w-o-w

South Deering
$93,640
+43.5%
Avalon Park
$215,518
+33.9%
Jeffrey Manor
$114,221
+11.6%
Fuller Park
$151,147
+10.9%
Canaryville
$208,831
+9.1%
 
View Chicago Home Prices Map
 

Chicago Summary

Average price per square foot for Chicago IL was $149, a decrease of 26.6% compared to the same period last year. The median sales price for homes in Chicago IL for Aug 09 to Oct 09 was $250,000 based on 6,856 home sales. Compared to the same period one year ago, the median home sales price decreased 19.9%, or $62,000, and the number of home sales decreased 16.5%.

There are currently 18,601 resale and new homes in Chicago on Trulia, including 622 open houses, as well as 14,322 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Chicago IL was $439,273 for the week ending Nov 04, which was unchanged compared to the prior week. Popular neighborhoods in Chicago include Near North Side and Lincoln Park, with average listing prices of $804,975 and $850,790.

 

Community Info for Chicago

Info
More Chicago Community Info

Homes for Sale in Chicago

4215 S Vincennes Avenue #1, Chicago IL
4215 S Vin…
$47,500
 
7840 South East End Avenue #3N, Chicago IL
7840 S East…
$23,750
3 br  2 ba
1960 N Lincoln Park West #1009, Chicago IL
1960 N Lin…
$269,900
1 br  1 ba
175 East Delaware Place #8908, Chicago IL
175 E Dela…
$980,000
3 br  2 ½ ba
1516 South Wabash Avenue #701, Chicago IL
1516 S Wab…
$325,000
2 br  1 ½ ba
1929 South Homan Avenue, Chicago IL
1929 S Hom…
$76,900
4 br  3 ba
View all Chicago Homes for Sale
 
Stats & Trends
Chicago

Real Estate Overview

Market Trends

Home Prices Map

Community Info

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Near North Side

Lincoln Park

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Nearby Cities

Cities
Median
sales price
Average
listing price
Cicero
$94,500
$142,410
Oak Park
$319,000
$353,600
Joliet
$141,500
$167,205
Crest Hill
$135,000
$165,546
Stickney
$145,000
$181,764
Berwyn
$152,000
$199,403
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Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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