November Real Estate Report for West Town & Chicago

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The holiday season may be approaching but, the real estate market is still active in West Town.  New Listings in the West Town neighborhood decreased 16% for detached homes and increased 12.9% for attached properties. Listings Under Contract decreased 5% for detached homes and increased 1.4% for attached properties.

The Median Sales Price in West Town was down 7% to $730,000 for detached homes and increased 3.4% to $447,000 for attached properties. Months Supply of Inventory for detached units is at 4.5 months and 2.5  months supply for attached units.

Chicago Real Estate Report

New Listings in the City of Chicago were down 3.5% for detached homes and up .3% for attached properties. Listings Under Contract increased 23% for detached homes and increased 3% for attached properties.

The Median Sales Price was up 2.3% to $220,000 for detached homes and were down 1.3%  to $302,000 for attached properties. Months Supply of Inventory is 4 months for detached units and 3 months for attached units.

Amy Pearson

Real Estate Broker

Baird & Warner – Gold Coast

Amy.pearson@bairdwarner.com

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