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Loop Market Trends for June 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Loop home sales for the month of June decreased in volume by 58.4% when compared to last year, while the median sale price decreased by 10.7% from $375,000 to $335,000. Condo/townhome sales decreased by 58.4%, while the median sale price decreased by 10.7% from $375,000 to $335,000.

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Median Sale Prices for Loop

308k
330k
356k
375k
346k
375k
315k
360k
320k
355k
400k
338k
348k
360k
340k
335k
3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20

Number of Sales for Loop

47
55
58
77
56
71
51
39
27
39
27
26
49
37
29
32
3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20

Real Estate Sales for June in Loop

  June Year to Date (Jan 1 - July 5)
  2019 2020 Change 2019 2020 Change
Homes Sold 77 32 -58.4% 246 205 -16.7%
(Single Family) 0 0 - 0 0 -
(Condos/Townhomes) 77 32 -58.4% 246 205 -16.7%
Median Sale Price $375,000 $335,000 -10.7% $332,500 $345,000 +3.8%
(Single Family) $0 $0 - $0 $0 -
(Condos/Townhomes) $375,000 $335,000 -10.7% $332,500 $345,000 +3.8%
Days on Market 24 55 +129.2% 25 38 +52%
(Single Family) 0 0 - 0 0 -
(Condos/Townhomes) 24 55 +129.2% 25 38 +52%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Loop? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

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Marco Amidei is an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2020 Midwest Real Estate Data LLC. All rights reserved.

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