Museum Park Market Steady: Neighborhood Update

Start your Museum Park at Central Station home search here.

Museum Park at Central Station

Housing Type: Condo

The condo market in Museum Park has been holding steady since our last report. The seller's market continues and homes are taking about 100 days to sell. There haven't been significant changes in inventory levels or market times, so it's likely that the seller's market will continue through the fall season. The median sales price for condos in Museum Park was $485,000.

 

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

Price Range: $800,000+

 

Museum Park at Central Station

Housing Type: Townhome

Although one townhome took 315 days to sell the average market time for those that are under contract is only 39 days. Currently, the longest of the active listings has a market time of 50 days. It doesn't look like this market is slowing down anytime soon. The median sales price for townhomes in Museum Park was $892,500.

 

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.TerriBuseman.com

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Comment balloon 0 commentsTerri Buseman • August 05 2017 07:43PM

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