Chicago, IL South Loop April 2016 Market Snapshot

By
Real Estate Agent with Berkshire Hathaway HomeServices Koenig Rubloff Realty Group - Chicago, IL

Chicago, IL South Loop April 2016 Market Snapshot

 

 

April 2016 closed with 96 condo sales in Chicago's South Loop, (zip codes 60605 and 60616). The average sales price was $429,860. On average, condos sold in April sold at 100% of list price. The average market time was 65 days.

 

 

April 2016 Sales Data Chicago, IL South Loop

 

 

 

At the end of April 2016, there was a 3.0 month supply of condo inventory, (MSI), on the market in the South Loop.

 

Chicago, IL South Loop MSI April 2016

Chicago, IL South Loop Inventory April 2016

 

 

 

April 2015 remained the same as March 2015 at a 3.4 month supply of condo inventory, (MSI).

 

Chicago, IL South Loop MSI April 2015

Chicago, IL South Loop April 2015-16 comparison

 

 

If you are planning on a home or condo purchase, you can search for and compare properties in the South Loop and other Chicago neighborhoods here

 

Are you planning to sell your home or condo? Click here to find out what your property is worth.

 

 

 

Posted by

  

 

Karen Winters, Broker Associate
Berkshire Hathaway HomeServices
KoenigRubloff Realty Group
1800 N Clybourn, 2nd Fl
Chicago, IL  60614
Office:    312-268-2753
Mobile:  312-725-4498

Email:  kwinters@koenigrubloff.com

Website: ChicagolandCondosandHomes.com

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Topic:
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Location:
Illinois Cook County Chicago
Groups:
1st Time Buyers
Advice for Sellers
Advice for Buyers
2016 Market Reports
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Karen Winters, Berkshire Hathaway HomeServices KoenigRubloff

Chicago, IL
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