The average sale price of condos (including townhouses and co-ops) in Chicago the 3rd quarter was $323,000, up 2% from the same period in 2009.
Quarterly Chicago Condo Average & Median Sale Prices 3rd Quarter 2007 to 3rd Quarter 2010
- The average price of a Chicago studio was $123,000, down 13%.
- The average price of a Chicago 1 bedroom condo was $194,000, down 13%.
- The average price of a Chicago 2 bedroom condo was $297,000, down 4%.
- The average price of a Chicago 3 bedroom condo was $473,000, up 13%.
- The average price of a Chicago 4+ bedroom condo was $705,000, up 15%.
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
