June 2018 | Chicago Real Estate Market Data | 2nd Quarter | Crystal Tran Team

JUNE 2018 | Chicago Real Estate Market Statistics | 2nd Quarter

Data provided by MRED

#1 Trusted Company

FEATURED COMMUNITYÂ BUCKTOWN

PAGE 4

GOLD COAST

PAGE 6

GOOSE ISLAND

PAGE 8

LAKESHORE EAST

PAGE 10

LAKEVIEW

PAGE 12

LINCOLN PARK

PAGE 14

LOOP

PAGE 16

OLD TOWN

PAGE 18

RIVER NORTH

PAGE 20

RIVER WEST

PAGE 22

ROSCOE VILLAGE

PAGE 24

SOUTH LOOP

PAGE 26

STREETERVILLE

PAGE 28

WEST LOOP

PAGE 30

WEST TOWN

PAGE 32

WICKER PARK

PAGE 34

DATA PROVIDED BY MRED

2

Bucktown

JUNE 2018 MARKET STATISTIC BUCKTOWN

14.4%

AVERAGE SALES PRICE

$681,385

AVERAGE MARKET TIME

64 DAYS

28%

HOMES FOR SALE

102 UNITS

20%

CONDOS FOR SALE

43 UNITS

34.4%

# CLOSED SALES

338 UNITS

0% CONDO CORNER

3.6

MONTH OF INVENTORY Amount of time to sell off current inventory

# OF SALES

AVERAGE PRICE

JUNE 2018

181

$408,537

JUNE 2017

207

$431,786

JUNE 2016

201

$421,619 4

Gold Coast

JUNE 2018 MARKET STATISTIC GOLD COAST AVERAGE SALES PRICE

$620,356

5%

AVERAGE MARKET TIME

115 DAYS

2.5%

HOMES FOR SALE

252 UNITS

4.6%

CONDOS FOR SALE

223 UNITS

5.2%

# CLOSED SALES

475 UNITS

11.4% CONDO CORNER

6.1

MONTH OF INVENTORY Amount of time to sell off current inventory

# OF SALES

AVERAGE PRICE

JUNE 2018

444

$527,899

JUNE 2017

509

$595,132

JUNE 2016

471

$651,768 6

Goose Island

JUNE 2018 MARKET STATISTIC GOOSE ISLAND

5.1%

AVERAGE SALES PRICE

$520,358

AVERAGE MARKET TIME

66 DAYS

15.8%

HOMES FOR SALE

47 UNITS

30.6%

CONDOS FOR SALE

40 UNITS

21.1%

# CLOSED SALES

166 UNITS

1.8% CONDO CORNER

3.5

MONTH OF INVENTORY Amount of time to sell off current inventory

# OF SALES

AVERAGE PRICE

JUNE 2018

120

$408,537

JUNE 2017

115

$422,806

JUNE 2016

98

$435,940 8

Lakeshore East

JUNE 2018 MARKET STATISTIC LAKESHORE EAST AVERAGE SALES PRICE

$714,401

10.7%

AVERAGE MARKET TIME

102 DAYS

20%

HOMES FOR SALE

132 UNITS

30.7%

CONDOS FOR SALE

132UNITS

30.7%

# CLOSED SALES

154 UNITS

22.6% CONDO CORNER

7.5

MONTH OF INVENTORY Amount of time to sell off current inventory

# OF SALES

AVERAGE PRICE

JUNE 2018

154

$714,401

JUNE 2017

199

$645,589

JUNE 2016

193

$670,721 10

Lakeview

JUNE 2018 MARKET STATISTIC LAKEVIEW AVERAGE SALES PRICE

$495,154

2.8%

AVERAGE MARKET TIME

67 DAYS

1.5%

HOMES FOR SALE

621 UNITS

2.6%

CONDOS FOR SALE

463UNITS

6.7%

# CLOSED SALES

2,249 UNITS

4.3% CONDO CORNER

3.2

MONTH OF INVENTORY Amount of time to sell off current inventory

# OF SALES

AVERAGE PRICE

JUNE 2018

1,866

$394,677

JUNE 2017

1,963

$383,013

JUNE 2016

1,993

$374,897 12

Lincoln Park

JUNE 2018 MARKET STATISTIC LINCOLN PARK AVERAGE SALES PRICE

5.1%

$770,714

8.2%

AVERAGE MARKET TIME

79 DAYS

HOMES FOR SALE

513 UNITS

.4%

CONDOS FOR SALE

324 UNITS

4.5%

# CLOSED SALES

1,525 UNITS

2.9% CONDO CORNER

3.9

MONTH OF INVENTORY Amount of time to sell off current inventory

# OF SALES

AVERAGE PRICE

JUNE 2018

1,070

$557,267

JUNE 2017

1,094

$524,875

JUNE 2016

1,079

$473,411 14

Loop

JUNE 2018 MARKET STATISTIC LOOP AVERAGE SALES PRICE

$429,428

12.1%

AVERAGE MARKET TIME

87 DAYS

20.9%

HOMES FOR SALE

129 UNITS

0.08%

CONDOS FOR SALE

121 UNITS

3.4%

# CLOSED SALES

324 UNITS

8% CONDO CORNER

4.6

MONTH OF INVENTORY Amount of time to sell off current inventory

# OF SALES

AVERAGE PRICE

JUNE 2018

319

$430,228

JUNE 2017

350

$487,606

JUNE 2016

353

$443,656 16

Old Town

JUNE 2018 MARKET STATISTIC OLD TOWN AVERAGE SALES PRICE

$617,469

2.4%

AVERAGE MARKET TIME

61 DAYS

4.7%

HOMES FOR SALE

190 UNITS

20.3%

CONDOS FOR SALE

136 UNITS

28.3%

# CLOSED SALES

601 UNITS

2.2% CONDO CORNER

3.3

MONTH OF INVENTORY Amount of time to sell off current inventory

# OF SALES

AVERAGE PRICE

JUNE 2018

459

$410,252

JUNE 2017

464

$449,009

JUNE 2016

435

$383,771 18

River North

JUNE 2018 MARKET STATISTIC RIVER NORTH AVERAGE SALES PRICE

$596,213

6.3%

AVERAGE MARKET TIME

75 DAYS

23%

HOMES FOR SALE

1381 UNITS

CONDOS FOR SALE

373 UNITS

18%

# CLOSED SALES

927 UNITS

7.9%

18.1%

CONDO CORNER

4.6

MONTH OF INVENTORY Amount of time to sell off current inventory

# OF SALES

AVERAGE PRICE

JUNE 2018

958

$586,547

JUNE 2017

886

$548,156

JUNE 2016

969

$514,383 20

River West

JUNE 2018 MARKET STATISTIC RIVER WEST AVERAGE SALES PRICE

$477,822

11.7%

AVERAGE MARKET TIME

48 DAYS

29.7%

HOMES FOR SALE

15 UNITS

15.4%

CONDOS FOR SALE

12 UNITS

9.1%

# CLOSED SALES

59 UNITS

7.8% CONDO CORNER

3.0

MONTH OF INVENTORY Amount of time to sell off current inventory

# OF SALES

AVERAGE PRICE

JUNE 2018

53

$419,645

JUNE 2018

54

$ 394,259

JUNE 2018

36

$374,728 22

Roscoe Village

JUNE 2018 MARKET STATISTIC ROSCOE VILLAGE

0.7%

AVERAGE SALES PRICE

$645,072

AVERAGE MARKET TIME

76 DAYS

16.9

HOMES FOR SALE

76 UNITS

1.3%

CONDOS FOR SALE

30 UNITS

3.4%

# CLOSED SALES

261 UNITS

13.6% CONDO CORNER

3.3

MONTH OF INVENTORY Amount of time to sell off current inventory

# OF SALES

AVERAGE PRICE

JUNE 2018

159

$454,984

JUNE 2017

182

$436,604

JUNE 2016

193

$405,777 22

South Loop

JUNE 2018 MARKET STATISTIC SOUTH LOOP AVERAGE SALES PRICE

$401,723

2.6%

AVERAGE MARKET TIME

66 DAYS

15.8%

HOMES FOR SALE

251 UNITS

14.1%

CONDOS FOR SALE

234 UNITS

12.5%

# CLOSED SALES

930 UNITS

7.7% CONDO CORNER

3.1

MONTH OF INVENTORY Amount of time to sell off current inventory

# OF SALES

AVERAGE PRICE

JUNE 2018

842

$375,338

JUNE 2017

933

$374,943

JUNE 2016

976

$364,313 26

Streeterville

JUNE 2018 MARKET STATISTIC STREETERVILLE AVERAGE SALES PRICE

$592,096

0.5%

AVERAGE MARKET TIME

112 DAYS

0%

HOMES FOR SALE

0 UNITS

0.0%

CONDOS FOR SALE

347 UNITS

16.1%

# CLOSED SALES

641 UNITS

4.6% CONDO CORNER

6.5

MONTH OF INVENTORY Amount of time to sell off current inventory

# OF SALES

AVERAGE PRICE

JUNE 2018

629

$581,124

JUNE 2017

668

$586,166

JUNE 2016

618

$577,318 28

West Loop

JUNE 2018 MARKET STATISTIC WEST LOOP

15.1%

AVERAGE SALES PRICE

$551,803

AVERAGE MARKET TIME

46 DAYS

15%

HOMES FOR SALE

193 UNITS

8.4%

CONDOS FOR SALE

175 UNITS

10.1%

# CLOSED SALES

919 UNITS

3.3% CONDO CORNER

2.5

MONTH OF INVENTORY Amount of time to sell off current inventory

# OF SALES

AVERAGE PRICE

JUNE 2018

867

$532,390

JUNE 2017

848

$454,659

879

$443,880

JUNE 2016

30

Wicker Park

JUNE 2018 MARKET STATISTIC WICKER PARK AVERAGE SALES PRICE

$623,676

1.7%

AVERAGE MARKET TIME

58 DAYS

23.4

HOMES FOR SALE

127 UNITS

5.8%

CONDOS FOR SALE

74 UNITS

21.3%

# CLOSED SALES

521 UNITS

5.3% CONDO CORNER

2.9

MONTH OF INVENTORY Amount of time to sell off current inventory

# OF SALES

AVERAGE PRICE

JUNE 2018

373

$499,970

JUNE 2017

399

$479,359

JUNE 2016

359

$463,695 30

West Town

JUNE 2018MARKET STATISTIC WEST TOWN

$567,231

5.8%

AVERAGE MARKET TIME

59 DAYS

15.7%

HOMES FOR SALE

89 UNITS

8.5%

CONDOS FOR SALE

322 UNITS

18.4%

# CLOSED SALES

2,031 UNITS

1.0%

AVERAGE SALES PRICE

CONDO CORNER

3.2

MONTH OF INVENTORY Amount of time to sell off current inventory

# OF SALES

AVERAGE PRICE

JUNE 2018

1,503

$479,971

JUNE 2017

1,522

$451,056

JUNE 2016

1,457

$434,111 34

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This data was provided by Midwest Real Estate Data, LLC and includes properties listed and sold by various participants in the MLS. Data supplied by MLS does not reflect all market activity in the area.