Is Streeterville Approaching a Buyer's Market? Neighborhood Update

Start your Streeterville home search here. 

 

Streeterville

Housing Type: Condo

In most price ranges more condos came to the market than went under contract since our last report. This is pushing the inventory up slightly in most categories and balancing it out. A balanced market is ideal for both sellers and buyers, but they usually don't last long. If inventory continues to increase much of Streeterville could be looking at a buyer's market come winter. The median sales price for condos in Streeterville was $409,000.

Price Range: $400,000-$800,000 

 

Price Range: $800,000+

 

Streeterville

Housing Type: Townhome

There have been no changes among the townhomes.

Price Range: $800,000+


Start your Streeterville 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 doesn't have houses) 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 • July 05 2017 09:58PM
Is Streeterville Approaching a Buyer's Market? Neighborhood Update
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Start your Streeterville home search here Streeterville Housing Type: Condo The biggest increase in listings from last month is in the $400-500k range. Considering the median sales price for condos in this neighborhood was $385, 000 this… more
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Start your Streeterville home search here Streeterville Housing Type: Condo As we talked about last month the condo market in Streeterville is getting to be pretty well balanced. On average it is taking listings over a month to sell, so… more
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Start your Streeterville home search here Streeterville Housing Type: Condo Looking at last month and the month before we can see that this market is slowing down a bit. That's not to say that it's a slow market, or will be soon. Really it's… more