Seller's Market Continues in West Loop Gate: Neighborhood Update

Start your West Loop Gate home search here.

 

West Loop Gate

Housing Type: Condo

The market is continuing at the same pace as our last report. Many homes are still selling in just under a month or two. However, a few homes have been on the market for over 100 days. Even in a hot seller's market homes need to be priced fairly and well presented. Buyer's have a lot of information at their disposal and they will wait or look elsewhere if the homes that are available are not priced well. The median sales price for condos last month was $339,000.

 

Price Range: $400,000-$800,000 

Price Range: $800,000+

 

Start your West Loop Gate 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 • August 11 2017 10:46PM
Seller's Market Continues in West Loop Gate: Neighborhood Update
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