The inventory of listed Chicago Loop condos for sale with 3 bedrooms in August was down 39% from August 2011.* There were 65 such condos for sale setting a new 2 year low.
The drop in 3 bedroom condos for sale in the Loop was greater than for other downtown neighborhoods. The next greatest drop was in the Gold Coast down 36%. The inventories of 3 bedroom condos for sale in Streeterville and River North were down 30% and 24%.
As shown above, the inventory of Loop 3 bedroom condos for sale is less than half of what it was 2 years ago. It’s down 55% from August 2010.
The distressed (short sales and foreclosures) inventory of Loop 3 bedroom condos for sale dropped 83% from 12 to 2 in the past year. The inventory of normal sales dropped 34%.
CHICAGO LOOP 3 BEDROOM CONDOS FOR SALE
Click below to see the Chicago Loop 3 bedroom condos for sale in your desired price range.
| $2M & Above | $1M to $2M | $800K to $1M | $300K to $800K |
QUESTIONS?
Call Fran at 773-793-4516, text or email
*Statistics include co-ops, lofts, apartments and townhouses. Information is based on data from Midwest Real Estate Data (MRED).
Fran Bailey specializes in downtown Chicago, Lincoln Park and Lake View condos, co-op apartments and houses. She has shared home buying and selling advice since 2006 and written about over 130 Chicago high rises. To schedule showings for any listings, get a 
