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O'Hare Market Trends for June 2020

By
Real Estate Sales Representative with RE/MAX Suburban

O'Hare home sales for the month of June decreased in volume by 25% when compared to last year, while the median sale price rose by 13.9% from $140,500 to $160,000. The number of Single Family homes sales stayed the same, while the median sale price stayed the same. Condo/townhome sales decreased by 41.7%, while the median sale price decreased by 0.4% from $140,500 to $140,000.

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Median Sale Prices for O'Hare

182k
154k
169k
140k
149k
155k
133k
130k
145k
162k
165k
148k
181k
260k
421k
160k
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 O'Hare

14
11
10
12
10
9
7
14
11
6
7
9
12
3
4
9
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 O'Hare

  June Year to Date (Jan 1 - July 5)
  2019 2020 Change 2019 2020 Change
Homes Sold 12 9 -25% 48 45 -6.3%
(Single Family) 0 2 - 5 12 +140%
(Condos/Townhomes) 12 7 -41.7% 43 33 -23.3%
Median Sale Price $140,500 $160,000 +13.9% $154,950 $165,000 +6.5%
(Single Family) $0 $394,000 - $375,000 $388,500 +3.6%
(Condos/Townhomes) $140,500 $140,000 -0.4% $146,000 $154,500 +5.8%
Days on Market 10 49 +415.8% 7 16 +146.2%
(Single Family) 0 8 - 12 13 +4.2%
(Condos/Townhomes) 10 54 +468.4% 6 34 +466.7%

HomesByMarco sold over 300 homes last year

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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.

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