Some Competition Among Museum Park Townhomes: Neighborhood Update

Start your Museum Park at Central Station home search here.

Museum Park at Central Station

Housing Type: Condo

Just like we noted last month the condo market in Museum Park is pretty steady. Market times are averaging 1.5-2.5 months. Condos are still in a seller's market and if this rate continues we can expect that to last through the year. The median sales price for condos in Museum Park was a little higher at $525,000.

 

Price Range: $400,000-$800,000

Price Range: $800,000+

 

Museum Park at Central Station

Housing Type: Townhome

Townhomes have nearly sold out in every price range except for the $1-2m homes. The 5 homes that are available in this price range are between 3100-3800 sf and have 3 or 4 bedrooms. The asking prices range from $1,050,000 to $1,295,000, so there is a lot of overlap in comparison among these homes. As a result, sellers will want to be more competitive as their potential buyer has a few homes to choose from. The median sales price for townhomes in Museum Park was $719,500.

 

Price Range: $400,000-800,000

Price Range: $800,000+

 

Start your Museum Park at Central Station home search here

 

*In this blog series we focus on one of twenty neighborhoods in Chicago, each day, and provide charts to give you a brief update on the activity that neighborhood has seen over the past month in a variety of price ranges for Single Family Homes, Townhouses, and Condos, as available.

When looking at these charts please keep in mind that not every housing type is available in every neighborhood (the Loop only has condos) and some homes compete within even smaller subsections than these, meaning we can dig even further in this data. Please let me know if you would like a personal assessment of your target market.

 


For information about real estate in Chicago or resources in your area please contact us and sign up for our free market report!

 

Terri Buseman

312-208-5166                               

Terri@TerriBuseman.com

www.ChicagoCityHomesForSale.com  

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Comment balloon 0 commentsTerri Buseman • September 20 2017 09:12PM
Some Competition Among Museum Park Townhomes: Neighborhood Update
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