Chicago Loop condos for sale down 60% from 2 years ago!

The inventory of listed condos for sale in Chicago’s Loop continues to drop.* There were 434 Loop condos for sale in May down 60.0% from May 2010 when there were 1,084 condos for sale.

The median sale price was 12.9% higher in May than a year earlier. The number of closed sales was also up 7.2%. The average days on market for pending sales in May was down 42.8%.

Monthly Inventory of Condos For Sale in Chicago's Loop May 2010 to May 2012

Monthly Inventory of Condos For Sale in Chicago's Loop May 2010 to May 2012

As shown above the inventory of Loop condos for sale is at a 2 year low. Normally, the inventory is rising in May as part of the spring market.

Email Fran for more information on Loop condos for sale.

CHICAGO LOOP CONDOS FOR SALE

Click below to see the Loop condos for sale in your desired price range.

$3M & Above$2M to $3M$1.5M to $2M$1M to $1.5M
$900K to $1M$800K to $900K$700K to $800K$600K to $700K
$500K to $600K$400K to $500K$300K to $400K$200K to $300K

To see Loop condo reviews and what’s for sale in those buildings see DOWNTOWN HOMES FOR SALE above in the right column.

* includes townhouses

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ABOUT THE AUTHOR

Fran Bailey Fran Bailey is a Realtor who has been quoted in numerous Chicago and national publications. To schedule showings for any listings, get a free market analysis for your home or to contact Fran email her at fran.bailey@bairdwarner.com or call 773.793.4516. Learn More

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