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Chicago 3 bedroom condos for sale down 18.5%, prices up 8.2% in Q2

Chicago 3 bedroom Condos For Sale, Pending and Sold Q2 2010 - Q2 2013 Chart

The inventory of listed Chicago 3 bedroom condos for sale continues to plummet. There were 3,053 3 bedroom condos for sale in Chicago in the second quarter down 18.5% from second quarter 2012 when there were 3,745 3 bedroom condos for sale.

Posted in: 3 Bedroom Chicago Condos For Sale, Chicago Real Estate Market

River North condos for sale down 46%, prices up 10% in August

Monthly Inventory of River North condos for sale (gray) January 2008 — August 2013 Chart

The inventory of listed River North condos for sale continues to fall. There were 175 condos for sale in River North in August down 31% from August 2012 when there were 255 condos for sale. The percent of distressed sales (short sales and foreclosures) on the market dropped from 17% of the inventory to 5%.

Posted in: Chicago Real Estate Market, River North Condos

Chicago 1 bedroom condos for sale down 18%, prices up 22.6% in Q2

Chicago 1 Bedroom Condos For Sale, Pending and Sold Q2 2010 - Q2 2013 Chart

The inventory of listed Chicago 1 bedroom condos for sale continues to plummet.* There were 2,658 1 bedroom condos for sale in Chicago in the second quarter down 18% from second quarter 2012 when there were 3,242 1 bedroom condos for sale.

Posted in: 1 Bedroom Chicago Condos For Sale, Chicago Real Estate Market

Downtown Chicago luxury condos for sale down nearly 16% in Q2

Quarterly Downtown Chicago Luxury Condo Statistics Q2 2010 - Q2 2013 Chart

The inventory of listed downtown Chicago luxury condos for sale continues to fall. There were 425 condos for sale priced at $1,000,000 or higher in downtown Chicago in the second quarter down 15.8% from second quarter 2012 when there were 505 luxury condos for sale.

Posted in: Chicago Real Estate Market

Case-Shiller Chicago Condo Index has largest increase since July 2000

Chicago Case-Shiller Indices (Blue = Houses, Red = Condos) May 2000 - June 2013 Chart

Chicago’s Case-Shiller Index for June is up 7.3% from June 2012. It’s the eight consecutive month it’s been up compared to a year earlier.

Posted in: Chicago Case-Shiller Index, Chicago Real Estate Market

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All content on this site with the exception of listings was written by Baird & Warner Realtor, Fran Bailey.

Fran Bailey, Realtor
Baird & Warner Real Estate

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Chicago, IL 60611
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