Market Report

Chicago

CONDO MARKET REPORT

March 2020

12.7k

Unchanged
EXISTING BUILDINGS

2,357

⬆ 12%
BUILDINGS WITH AVAILABLE INVENTORY

17.4k

⬆ 10%
AVAILABLE UNIT INVENTORY

UNIT DETAIL TRENDS

  • Studio

  • $169k

    ⬆ 4%
    AVG. SALES PRICE
  • $284

    AVG. PRICE PER SQ.FT.
  • $1,343

    AVG. RENTAL PRICE
  • 381

    AVAILABLE UNITS
  • View
  • 1BR

  • $221k

    ⬆ 2%
    AVG. SALES PRICE
  • $265

    ⬆ 2%
    AVG. PRICE PER SQ.FT.
  • $1,665

    AVG. RENTAL PRICE
  • 3,005

    AVAILABLE UNITS
  • View
  • 2BR

  • $301k

    ⬆ 2%
    AVG. SALES PRICE
  • $212

    ⬆ 2%
    AVG. PRICE PER SQ.FT.
  • $2,001

    AVG. RENTAL PRICE
  • 8,203

    AVAILABLE UNITS
  • View
  • 3BR

  • $532k

    AVG. SALES PRICE
  • $241

    AVG. PRICE PER SQ.FT.
  • $2,497

    ⬆ 2%
    AVG. RENTAL PRICE
  • 5,003

    AVAILABLE UNITS
  • View
  • 4BR

  • $940k

    AVG. SALES PRICE
  • $302

    AVG. PRICE PER SQ.FT.
  • $3,504

    AVG. RENTAL PRICE
  • 739

    AVAILABLE UNITS
  • View
  • 5BR

  • $2.05m

    ⬇ 13%
    AVG. SALES PRICE
  • $394

    ⬇ 8%
    AVG. PRICE PER SQ.FT.
  • $3,824

    AVG. RENTAL PRICE
  • 90

    AVAILABLE UNITS
  • View
This data is a snapshot as of the 15th of the month and provides a comparison to the prior month’s snapshot

 

MOST SALES ACTIVITY

PRIOR MONTH

MOST LISTINGS

SNAPSHOT ON THE 15TH OF THE MONTH

DATA DISCLAIMER: The data used in the Condo Market reports has been aggregated from multiple data sources. The proprietary report data is updated on or about the 15th of each month so that closed sales data reported to Condo.com from the prior month can be incorporated. For example, the April Report reflects closed sales for March and active inventory data reported on April 15th. The report is a snapshot of the market and not a dynamically updated report with real time data. The Market Report data is for informational purposes only and should not be exclusively relied upon when making a sale or purchase decision. Please consult a licensed real estate broker, agent or attorney when making a purchase decision.


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