Downtown Chicago 3 bedroom condos sold in May up 75%!

63 listed downtown Chicago 3 bedroom condos sold in May.* Sales were up 75% from May 2011 and set a 2 year high!

Within downtown Chicago zip code 60610 (parts of the Gold Coast, Old Town & River North) saw a 142.9% increase for 3 bedroom condos sales in May. 60601 (New East Side) had a 66.7% increase. 60611 (Streeterville and parts of River North and Gold Coast) had a 30.0% increase.

Monthly Downtown Chicago 3 Bedroom Condos Sold May 2010 - May 2012

Monthly Downtown Chicago 3 Bedroom Condos Sold May 2010 - May 2012

The median sale price of downtown Chicago 3 bedroom condos sold in May was $785,000, 1.2% higher than a year earlier. The average days on market for pending sales was up 14.5%, but the month’s supply of inventory was down 66.3%

The inventory of downtown Chicago 3 bedroom condos for sale in May was down 26.0% from last May and set a 2 year low.

To see downtown Chicago condo & co-op reviews and what’s for sale in those buildings see DOWNTOWN HOMES FOR SALE above in the right column.

DOWNTOWN CHICAGO 3 BEDROOM CONDOS FOR SALE

Click below to see the downtown Chicago 3 bedroom 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

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* includes co-ops and 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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