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%.
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