Is the market for 2 bedroom condos in Chicago down significantly, down slightly or up? The answer depends on how many full bathrooms the condo has.
Price Distribution for 2 Bedroom 3+ Bath Condo Sales Past Year (green) vs. Prior Year (black)
When comparing the median sale price for 2 bedroom 1 bath condos in Chicago for the past year verses the prior year, the median is down 20.3% to $164,000.
For 2 bedroom 2 bath condos the median is down 4.0% to $336,000.
For 2 bedroom 3+ bath condos the median is up 10.8% to $493,000!
ABOUT THE AUTHOR
Fran Bailey shows, previews and tracks downtown Chicago homes for sale giving her the insights needed to help her clients negotiate the best price and terms. Fran has been quoted in numerous Chicago and national publications. To schedule showings of listings regardless of broker or to contact Fran email her at fran.bailey@bairdwarner.com or call 773.793.4516. Learn More
Fran Bailey, Realtor
