Neighborhoods included in these statistics are: Avondale, Albany Park, Edgewater, Irving Park, Lakeview, Lincoln Park, Lincoln Square, Logan Square, Loop, Near North Side, Near South Side, Near West Side, North Center, Uptown, West Town.

Chicago Real Estate Sales – Detached Single Homes

The number of Chicago detached single homes selling in May 2018 decreased by 11.74% compared to May 2017. The average selling price decreased by 0.14% to $971,629 and the average market time decreased by 20 days or 19.23 %. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

May 2018

203

 

 

$971,629

97%

84

May 2017

230

$972,976

97%

104



Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in May 2018 decreased by 5.45% for the month when compared to May 2017. The average selling price increased 8.62% to $475,785 and the average market time increased 11 days or 22.45%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

May 2018

1,509

$475,785

99%

60

May 2017

1,596

$438,022

99%

49



Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in May 2018 decreased 14.91% when compared to May 2017. The average selling price increased 6.65% to $619,672 and the average market time increased by 9 days or 17.31%. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

May 2018

97

$619.672

98%

61

May 2017

114

$581,060

98%

52



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Information courtesy of Chicago Realtor Karen Breen Elia.

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