The Dobbs Report – Chicago Real Estate Market Overview
Inventory across Chicago’s North Side has dropped to 2,337 active listings (down from 2,641 in May), and new listings are down to 1,956—intensifying the supply crunch. Homes are selling faster, with an average market time of 41 days, and sellers, on average, are achieving 100.5% of their asking price. In Lincoln Park and Lake View, supply is just 1.4 months, and in Logan Square, 1.3—underscoring the strength of buyer’s demand. If you’re interested in a detailed look at your neighborhood or building, I’m happy to provide custom-tailored data and insights.
Chicago Homes – Dynamic Market Overview
| City | Num Active Listings | Avg Listing Price | Avg Price Reduction | Avg Days on Market | Avg Price per SqFt |
|---|---|---|---|---|---|
| Chicago | 2,471 | $478,921 | -7.9% | 203 | $199 |
| 2,471 | $478,921 | -7.9% | 203 | $199 |
| City | Num Active Listings | Avg Listing Price | Avg Price Reduction | Avg Days on Market | Avg Price per SqFt |
|---|---|---|---|---|---|
| Chicago | 11,478 | $543,412 | -5.0% | 84 | $329 |
| 11,478 | $543,412 | -5.0% | 84 | $329 |
Dynamic searches of market trends will give you an overview of the real estate market's current state. Set your preferred parameters to find statistical data from recent real estate transactions in Chicago. For an in-depth analysis of a specific market segment, please contact me. I'll be happy to create a tailor-made analysis that perfectly suits your specific criteria.
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