Prices of houses for sale in downtown Chicago depend a lot on which downtown neighborhood they are located.
Downtown Chicago houses for sale
Houses for sale in Chicago IL down, prices up in Q2
The number of listed houses for sale in Chicago IL in the 2nd quarter was down 14.4% from 2nd quarter 2012. There were 9,163 houses for sale in Chicago compared with 10,699 a year earlier. Distressed sales (short sales and foreclosures) dropped from 40% to 32% of the inventory for sale.
Gold Coast Houses For Sale
Prices of houses for sale in Chicago’s Gold Coast typically start at $1,000,000. In 2012 the median sale price was $2,575,000. In 2011 and 2010 it was $3,750,000 and $2,472,500.
Houses for sale in Chicago IL down, sales & prices up in 1Q
The number of listed houses for sale in Chicago IL in the 1st quarter was down 16.1% from 1st quarter 2012. There were 8,655 houses for sale in Chicago compared with 10,313 a year earlier.
Houses for sale in Chicago IL down, sales & prices up in 4th quarter
The number of listed houses for sale in Chicago IL in the 4th quarter was down 13% from 4th quarter 2011. There were 8,962 houses for sale in Chicago compared with 10,303 a year earlier. Distressed sales (short sales and foreclosures) remained the same at 40% of the inventory for sale.
