Gold Coast Chicago condos for sale down 26%

by Fran Bailey on March 17, 2012 · 3 comments

in Chicago Gold Coast Co-op Apartments,Chicago Gold Coast Condos,Chicago Real Estate Market

The inventory of condos for sale in Chicago’s Gold Coast continues to drop.* There were 355 Gold Coast Chicago condos for sale in February down 26% from February 2011 and down 38% from February 2009.

Inventory of Gold Coast Chicago Condos For Sale Jan. 2008 - Feb. 2011

Inventory of Gold Coast Chicago Condos For Sale Jan. 2008 - Feb. 2011

The number of Gold Coast Chicago condos for sale in the past 4 years peaked at April 2010 with 624.

SEARCH GOLD COAST CHICAGO CONDOS FOR SALE ONLY

Searching for a condo in just the Gold Coast requires setting up a map search. I’ve created one for you. To see all condos currently listed for sale in Chicago’s Gold Coast click here. Pending sales are excluded. You can further filter the results for features and price range.

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

* includes co-ops and townhouses


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ABOUT THE AUTHOR

Fran BaileyFran Bailey shows, previews and tracks downtown Chicago homes for sale. Fran 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

{ 3 comments… read them below or add one }

Mississauga condos for sale March 17, 2012 at 6:34 pm

Condo inventory seems to be low everywhere. I know in Mississauga, we are currently experiencing a seller’s market and prices are known to go over asking price. How does low condo inventory effect condo prices in Chicago?

Fran Bailey, Downtown Chicago Realtor March 18, 2012 at 7:56 am

Hi Eric,

It’s still a buyers market here in Chicago, but not as much as it has been. Prices for non-distressed homes aren’t declining nearly as much as they have been the past few years.

Dusan@condos for sale in Chicago April 6, 2012 at 11:55 am

It’s low, compared to the high times, but it’s still higher than it used to be pre-melt-down. Still, I’m glad of it.

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