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Many Homes Selling In Just Days: West Loop Gate Neighborhood Update

By
Real Estate Agent with RE/MAX Premier Properties

Start your West Loop Gate home search here.

 

West Loop Gate

Housing Type: Condo

This fast moving market has not slowed down all year. In fact the homes that closed sold much faster than last month. Even though many homes are selling in a matter of days a few are still on the market more than 100 days after listing. Owners of these homes should take a good look at their listing and marketing. Sometimes all it takes is a price drop, a minor face-lift such as paint or new carpeting, or a little staging or even virtual staging to help potential buyers see the possibilities in the home. The median sales price for condos last month was $337,000.

 

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!

Posted by

Terri Buseman

Your Real Estate Partner

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Visit: TerriBuseman.com

Cell: 312 208 5166

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