Here’s what you need to know about the latest from Chicago’s market.

It’s been a while since I’ve given you a market update, so I just wanted to share with you some data points. Keep in mind that this is just a general overview of the city of Chicago. Right now, our market has about 2.9 months of housing inventory. The list-to-sales-price ratio is 99%, and the median days on market is 23 days.

These numbers mean that we’re still in a seller’s market. Homes are selling quickly, and sellers are getting their asking prices. In fact, some sellers are still receiving multiple offers. 

Keep in mind that this is just a brief overview of our market. If you want specific information about your neighborhood, please call or email me. I’d love to hear from you!