River North homes for sale down more in higher price ranges in September

The inventory of homes for sale in Chicago’s River North neighborhood in September was down 50% from September 2008. The number of homes listed for sale priced $379,900 or higher in River North dropped more than 50% while the number of homes listed for sale priced under that dropped less than 50%.

Inventory of River North Homes For Sale January 2008 to September 2011 by Price Range

Inventory of River North Homes For Sale January 2008 to September 2011 by Price Range

As shown above, the number of River North homes for sale priced at $550,000 or higher (green) is down 53% from September 2008 when there were 291 such homes for sale. Last month there were only 138.

In the next highest tier (black) priced $379,900 to $549,999 the inventory dropped 60% from 208 to 83.

River North homes for sale priced $279,900 to $379,899 (red) dropped 46% from 164 to 88.

In the lowest price range (gray) the inventory dropped 34% from 146 to 97.

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

To search all listed River North homes for sale click here.

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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